Rocket Companies stock heads into holiday week as yields rise — what RKT investors watch next
Rocket Companies shares fell 0.9% to $23.24 Friday as rising Treasury yields pressured mortgage stocks. The U.S. 10-year yield climbed to 4.227%. The NAHB/Wells Fargo Housing Market Index dropped to 37 in January, signaling continued affordability issues. U.S. markets will close Monday for Martin Luther King Jr. Day.