New York, Jan 10, 2026, 21:06 (EST) — Market closed
- Louisiana-Pacific (LPX) closed Friday roughly 9% higher, at $92.05
- Housing and building-products shares jumped following Trump’s call for $200 billion in mortgage-bond purchases 1
- LP will release its fourth-quarter and full-year earnings on Feb. 17 2
Shares of Louisiana-Pacific surged roughly 9% on Friday, closing at $92.05, as buyers targeted housing-related stocks amid renewed optimism over falling mortgage rates. With U.S. markets closed for the weekend, Monday will reveal if the rally can hold. 3
This shift is significant for LP Building Solutions, which markets engineered wood products to homebuilders, repair, and remodeling sectors—fields closely tied to mortgage costs. When borrowing costs drop, traders typically bid up stocks across the supply chain, from builders all the way to suppliers. 4
Trump announced plans to have representatives purchase $200 billion in mortgage bonds, aiming to shrink the spread between the 30-year mortgage rate and the 10-year Treasury yield—essentially the margin lenders add to pricing. Brian Jacobsen, chief economic strategist at Annex Wealth Management, warned Reuters this could backfire on affordability if demand accelerates beyond supply. 5
The broader market held steady. The S&P 500 hit a record close on Friday, climbing 0.65%, after a U.S. jobs report revealed December hiring slowed more than anticipated, while the unemployment rate dipped to 4.4%. 6
Building-products stocks surged sharply. Boise Cascade jumped roughly 6.4%, Builders FirstSource shot up about 12%, and Weyerhaeuser advanced near 7.3%. The moves highlight just how closely this sector tracked the rate narrative.
LPX holders face a clear short-term dilemma: will lower borrowing costs actually boost orders, or is this just a quick, one-day bump? Housing stocks often react sharply to policy news, only to falter once bond yields and mortgage rates stabilize.
LP is set for another key date. The company plans to report fourth-quarter and full-year results on Feb. 17, followed by a conference call at 11 a.m. ET. Investors will get updated figures on volumes, pricing, and demand trends heading into the spring build season. 7
OSB will likely take center stage during that call. Oriented strand board, commonly known as OSB, serves as a core structural wood panel in walls and roofs. Fluctuations in housing starts and panel prices can significantly impact earnings, even if overall demand remains stable. 8
Friday’s rally comes with a caveat. While falling rates might lure buyers back, they can also drive home prices up if supply remains scarce. That undercuts the affordability gains and caps the upside for builders, Barron’s noted. 9
That’s the risk for LPX: a boost sparked by rates that could quickly fade if the housing sector doesn’t pick up, or if pricey homes and wary buyers stall projects.
The first major macro event next week comes fast. December’s U.S. Consumer Price Index drops Tuesday, Jan. 13, at 8:30 a.m. ET. This report often sways Treasury yields and mortgage-rate forecasts. 10
Traders are now focused on the specifics of how mortgage-bond purchases will be carried out and if Monday’s open triggers momentum or a pullback. The next major event is Tuesday’s CPI release on Jan. 13.
