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Stock impact report

Stock Market Today, Jan. 9: Opendoor Technologies Jumps After Trump Unveils $200 Billion Mortgage Bond Plan [Yahoo! Finance]

Zillow Group, Inc. - Class A (ZG) 
Last zillow group, inc. - class a earnings: 2/19 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.zillowgroup.com
Company Research Source: Yahoo! Finance
Trading volume reached 165.2 million shares, about 64% above its three-month average of 101 million shares. Friday's catalyst was President Donald Trump's $200 billion U.S. mortgage bond purchase plan, and investors are now watching how lower mortgage rates could support housing activity. The S&P 500 (SNPINDEX:^GSPC) added 0.65% to finish at 6,966, while the Nasdaq Composite (NASDAQINDEX:^IXIC) rose 0.81% to 23,671. Within real estate technology, industry peer Zillow Group (NASDAQ:Z) slipped 1.72% even as Opendoor rallied. Investors are weighing how policy-driven housing demand may reshape competitive dynamics. Opendoor, as well as other stocks in the real estate sector, had very good days in the market with President Trump's announced mortgage bond purchase plan. Investors piled into the stock, positioning themselves for the potential for lower mortgage rates and an unlocking of the housing market. At one point during the trading day, shares were up over 20%. While the market Show less Read more
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