Opendoor and Rocket Cos. Soar. Why Trump's Mortgage Bond Plan Is Boosting the Stocks.
Core Insights - The announcement by President Donald Trump regarding a plan to purchase $200 billion in mortgage bonds has led to a rally in the stock market [1] Group 1 - The plan to buy $200 billion in mortgage bonds is aimed at stimulating the housing market and providing liquidity [1] - The stock market's positive reaction indicates investor confidence in the potential impact of this plan on economic growth [1]