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Weekend Volatility: Penny-Stock Explosions, Mortgage-Rate Search Spike and China's Job Pledge — Traders Brace for Monday

Weekend Volatility: Penny-Stock Explosions, Mortgage-Rate Search Spike and China's Job Pledge — Traders Brace for Monday

Published 5 months, 1 week ago
Description
$GOOGL — A wave of retail-fueled rallies in low-priced stocks dominated the last trading day, led by PRSO's 151% jump and multi-hundred-million-share volume in several names. At the same time, Google searches for mortgage rates surged 200% and China told investors it can keep jobs stable for five years — forces that could reshape flows into housing, banks and China-exposed equities when markets reopen Monday.
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