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The S&P 500 and Russell 2000 set new highs in early 2026, indicating not only a rally-on condition but also a bullish outlook for the year. Small caps will be aided by a convergence of factors, including fiscal and monetary policy, deregulation, and resilient labor markets, all of which point to accelerating activity by year's end.
President Trump's recently announced plan to drive down mortgage rates has sent housing stocks surging again, and Opendoor Technologies is no exception. Even if these specific plans fail to drive a housing market resurgence, this announcement may be indicative of other housing policy changes ahead that, together, help to drive a rebound.
Opendoor Technologies (OPEN +13.45%), an online home-buying platform, closed Friday at $7.29, up 13.37%. Opendoor Technologies IPO'ed in 2020 and has fallen 33% since going public.
Opendoor stock price was highly volatile this week as Donald Trump started to focus on the affordability issue, especially on the housing market. OPEN initially dropped after his proposal to ban institutional investors from buying residential homes.
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