Opendoor Technologies (OPEN) stock rose 13.8% on Nov. 4, 2026, as housing stocks rallied after Democrats won both chambers of Congress in the midterms. The S&P 500 gained 1.7% and the Nasdaq Composite 1.5%. Democrats named housing affordability a major policy priority, and oil prices fell as investors hoped for a quicker end to the Iran war, a move that could help cool inflation and lower long-term Treasury yields, which the 10-year yield did that day. Opendoor is rate-sensitive: lower yields reduce mortgage rates and boost home sales, while its large financed inventory means higher rates raise interest costs. It reports Q3 results after the close on Thursday, with Wall Street expecting sales growth of about 17%.
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