Advertisement
UK markets closed
  • NIKKEI 225

    38,460.08
    +907.92 (+2.42%)
     
  • HANG SENG

    17,201.27
    +372.34 (+2.21%)
     
  • CRUDE OIL

    82.83
    +0.02 (+0.02%)
     
  • GOLD FUTURES

    2,329.70
    -8.70 (-0.37%)
     
  • DOW

    38,460.92
    -42.77 (-0.11%)
     
  • Bitcoin GBP

    51,548.82
    -1,785.19 (-3.35%)
     
  • CMC Crypto 200

    1,389.73
    -34.37 (-2.41%)
     
  • NASDAQ Composite

    15,712.75
    +16.11 (+0.10%)
     
  • UK FTSE All Share

    4,374.06
    -4.69 (-0.11%)
     

Why Shares of Opendoor and Redfin Jumped Today

Many housing-related stocks rose on Wednesday on optimism that inflationary pressures could be easing. If that proves to be true, the Federal Reserve's planned interest rate hikes could become unnecessary. In addition to this positive economic news, Opendoor and Redfin have both reported some bullish company-specific developments in recent days.