Stock Market Today, Feb. 3: Rocket Companies Rallies on Signs of Mortgage Demand Recovery

Rocket Companies (NYSE:RKT), a digital mortgage and real estate platform, closed at $20.35, up 8.42% for Tuesday’s session. The stock moved higher after its CEO’s comments on higher mortgage loan production signaled a potential housing-market recovery. The company’s trading volume reached 57.77 million shares, which is about 89% above its three-month average of 30.5 million shares. Rocket Companies IPO'd in 2020. How the markets moved today The S&P 500 (SNPINDEX: ^GSPC) fell 0.84% to 6,917, while the Nas ...