Merck stock jumps to $110 as MRK heads into a big earnings week
Merck & Company, Inc. shares closed Friday on an uptick, outperforming a weaker U.S. market and holding close to a recent high.
Philip Morris stock price rises into weekend as PM investors brace for Feb. 6 earnings webcast
Philip Morris International Inc shares closed Friday up 0.87% at $179.44, after swinging between $175.14 and $180.09. Trading volume hit around 8.24 million shares, with the stock hovering about $7 under its 52-week peak.
Wells Fargo stock ends week near $90 as CEO pay filing sharpens focus for Monday
Wells Fargo & Company shares edged down 0.17% on Friday, finishing at $90.49. The stock fluctuated between $89.75 and $91.05 during the session, with roughly 18.3 million shares traded.
IBM stock price: Insider buy, new board pick and shutdown risk set up Monday trade
International Business Machines Corp shares ended Friday at $306.70, slipping 0.82% after fluctuating between $299.73 and $307.78 during the session. After-hours trading showed little movement.
Goldman Sachs stock slides into the weekend as rate bets reset — what matters before Monday
Goldman Sachs shares slipped 0.5%, ending Friday at $935.41. Trading volume hit roughly 1.9 million shares.
PetroChina A shares rise on Dalian refinery restart report — what matters before Monday
PetroChina A shares closed Friday at 11.02 yuan, gaining 1.19% after dipping as low as 10.74 yuan and rising to 11.15 yuan during the day. The Shanghai index, meanwhile, dropped roughly 1% in the session.
Novartis stock price: NVS near $149 as Feb. 4 earnings approach — what to watch
Novartis AG’s U.S.-listed ADRs — representing the Swiss shares — dipped 0.1% on Friday, closing at $148.68 after fluctuating between $148.05 and $149.89. Roughly 1.15 million ADRs were traded.
Utilities stocks brace for Monday after Warsh Fed pick jolts rates; XLU ends week lower
U.S. utility stocks wrapped up January on a weak footing Friday, with the Utilities Select Sector SPDR ETF slipping roughly 0.2% to close at $43.25. During the session, the ETF fluctuated between $42.77 and $43.38.
Morgan Stanley stock price: $6 million insider sale and Trump’s Fed pick loom over Monday trade
Morgan Stanley co-president Daniel A. Simkowitz offloaded 32,968 shares on Friday, netting roughly $6.0 million, according to a U.S. Securities and Exchange Commission filing. The shares went for between $182.06 and $183.05 each, leaving Simkowitz with about 357,342 shares directly held post-sale. Morgan Stanley stock ended the day up 0.2% at $182.80, after swinging between $179.97 and $183.15 on volume near 7.4 million shares.
Basic materials stocks limp into February after metals crash — what to watch next week
U.S. basic materials stocks led the declines on Friday, with the S&P 500 materials index falling 1.9%. This slide mirrored a sharp pullback in metal prices, hitting U.S.-listed gold and silver miners particularly hard.
AstraZeneca share price: $18.5 billion China obesity-drug deal puts AZN stock in focus for Monday
AstraZeneca PLC shares climbed on Friday after the drugmaker struck a deal to license obesity and weight management drug candidates from CSPC Pharmaceutical Group, in a pact valued at up to $18.5 billion. CSPC revealed AstraZeneca would pay $1.2 billion upfront, with an additional $17.3 billion contingent on meeting milestones. Tony Ren of Macquarie Capital described the move as a “buy the rumour, sell the news” play, after CSPC’s shares dropped nearly 12% in Hong Kong.
Lam Research Corporation stock drops 6% into the weekend: what LRCX traders watch next
Lam Research shares ended Friday down 5.9%, closing at $233.46. The stock swung between a high of $251.90 and a low of $232.28 throughout the session. Trading volume hit roughly 18.4 million shares.
XLRE price: Real estate stocks hold steady after Warsh Fed pick — what to watch Monday
Real Estate Select Sector SPDR Fund ended Friday at $41.43, edging up 0.15%, before slipping 0.8% to $41.10 in after-hours trading. During the day, it fluctuated between $40.89 and $41.44. For the week, XLRE gained roughly 0.5%, according to closing prices from Investing.com.
Energy stocks head into Monday with OPEC+ decision, Iran risk and Big Oil earnings in play
As the new week kicks off, U.S. energy stocks face crude oil prices hovering near multi-month peaks. With OPEC+ scheduled to address supply policy on Sunday, the group's shares could see sharp moves once markets open Monday.
Communication Services stocks: Verizon surge lifts Communication Services Select Sector SPDR Fund as Alphabet, Walt Disney earnings loom
Telecom stocks pushed communication services higher to close out the week, lifting the Communication Services Select Sector SPDR Fund roughly 0.3% to $120.08 on Friday. Verizon surged 11.8% to $44.52, while AT&T and T-Mobile US climbed 4.3% and 4.2%, respectively. Meta Platforms, however, dropped nearly 3%.
Industrial stocks (XLI) slip into the weekend as ISM PMI and payrolls loom
U.S. industrial stocks slipped slightly on Friday, with the Industrial Select Sector SPDR Fund closing down 0.19% at $165.13 ahead of the weekend.
American Express stock price slips after earnings — dividend hike, Trump rate-cap risk and jobs report ahead
American Express slipped 1.8% on Friday, closing at $352.17, putting the card issuer at a disadvantage going into the next session.
Tech stocks face a Monday test after Trump taps Warsh for Fed as Big Tech earnings line up
U.S. tech stocks head into February with the focus back on interest rates after Donald Trump picked Kevin Warsh to lead the Federal Reserve. A hotter-than-expected Producer Price Index report — which measures what businesses charge and pay — dragged the Nasdaq down 0.94% on Friday. The 10-year Treasury yield hovered near 4.251%. Terry Sandven of U.S. Bank Asset Management noted investors are repeatedly zeroing in on “the profitability of the massive capex levels” — with capex referring to capital spending.
Healthcare stocks hold up as Lilly’s $3.5 billion plant plan hits tape; biotech bruised
Healthcare shares ended Friday stronger than the wider market following Eli Lilly’s announcement of a $3.5 billion manufacturing facility in Pennsylvania dedicated to injectable weight-loss drugs. CEO David Ricks described the new plant as “really state of the art manufacturing to last many decades to come” during a press briefing.
Cloud computing stocks: SKYY ETF slides as Alphabet, Amazon earnings and jobs data loom
Cloud computing stocks head into next week’s U.S. session facing earnings from two major cloud providers along with a crucial jobs report, following a turbulent finish to January that weighed on costly growth names.
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