Stock Market Today, Feb. 3: Rocket Companies Rallies on Signs of Mortgage Demand Recovery
2026-02-03 19:04:57 ET
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.
The S&P 500 (SNPINDEX: ^GSPC) fell 0.84% to 6,917, while the Nasdaq Composite (NASDAQINDEX: ^IXIC) slid 1.43% to finish at 23,255. Within mortgage finance, industry peers PennyMac Financial Services (NYSE:PFSI) closed at $93.15 (up 0.09%) and UWM Holdings (NYSE:UWMC) ended at $5.08 (down 0.97%), reflecting a more mixed sector backdrop.
NASDAQ: UWMC
UWMC Trading
-2.64% G/L:
$3.695 Last:
7,970,708 Volume:
$3.81 Open:
