Stock Market Today, Jan. 9: Rocket Companies Surges After Trump Floats $200 Billion Mortgage Bond Purchase Plan

Rocket Companies (NYSE:RKT), a mortgage and real estate-focused fintech platform, closed Friday’s session at $23.29, up 9.65%. Rocket Companies IPO'd in 2020 and has grown 8% since going public. Trading volume reached 69.9 million shares, about 111% above its three-month average of 33.4 million shares.Friday’s trading saw housing-sensitive names react to President Donald Trump’s floated $200 billion mortgage-bond purchase plan, and investors are watching how lower borrowing costs could affect mortgage origi ...