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Opendoor Stock Rallies As Rate Cuts Could 'Unfreeze' Housing Market
Benzinga· 2025-08-22 16:36
Opendoor Technologies, Inc. OPEN shares soared Friday as investors celebrated Federal Reserve Chair Jerome Powell's dovish remarks from Jackson Hole. OPEN stock is soaring. Watch the real-time chart here. J-Pow DeliversPowell took a surprisingly dovish tone in his Jackson Hole address, emphasizing that risks to the U.S. job market are increasing. He suggested that if the economy slows further, the central bank could consider cutting interest rates. Stocks rallied after Powell's unexpectedly dovish remarks, ...