Fannie Mae Stock Surges 10%, Freddie Mac Up 9.7% at Open Following Trump's $1 Trillion Valuation Remarks

U.S. mortgage giants Fannie Mae and Freddie Mac posted strong gains at market open on June 5, with Fannie Mae stock surging 10% and Freddie Mac climbing 9.7%. The rally followed President Trump's comments suggesting the two housing finance enterprises could be valued at as much as $1 trillion.
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