Today: 7 July 2026

Khadija Saeed

Khadija Saeed is a financial markets reporter at TS2.tech, specializing in stocks, technology and emerging industries. She studied economics and finance at the London School of Economics and previously worked in market research before moving into financial journalism. Her coverage focuses on the companies, innovations and economic trends influencing global investors.

Wall Street jolted by Trump buyback, home-buying moves; S&P 500 slips, Nasdaq steadied by AI

Wall Street jolted by Trump buyback, home-buying moves; S&P 500 slips, Nasdaq steadied by AI

U.S. stocks slipped on Wednesday, with the S&P 500 and Dow closing lower after touching record highs earlier in the session as President Donald Trump’s policy shots hit defense and housing-related shares. The Nasdaq ended slightly higher as investors returned to AI, or artificial intelligence, heavyweights including Nvidia and Alphabet. The S&P 500 fell 0.34% to 6,920.93, the Nasdaq rose 0.16% to 23,584.28 and the Dow dropped 0.94% to 48,996.08. The retreat comes with earnings season weeks away and valuations already stretched. The S&P 500 is trading about 22 times expected earnings — a common gauge of how much investors pay for each dollar of profit — above its five-year average of 19, LSEG data show. In a Reuters Trading Day column, strategists pointed to forecasts for near 10% returns in 2026, but warned that pricey markets often lag cheaper peers.
8 January 2026
······
Eaton stock drops 3% as Barclays trims target; traders eye late-January outlook

Eaton stock drops 3% as Barclays trims target; traders eye late-January outlook

New York, Jan 7, 2026, 21:02 — Market closed Eaton Corporation plc shares fell 3.1% to close at $322.67 on Wednesday, giving back most of Tuesday’s 3.3% rise as U.S. stocks slid. The S&P 500 dropped 0.34% and the Dow fell 0.94%, while GE Aerospace fell 1.2%, Emerson Electric dropped 2.4% and TE Connectivity slipped 0.7%. Eaton is now about 19% below its 52-week high of $399.56 set in July.
8 January 2026
·
Adobe stock rises as holiday online sales hit $257.8B and AI shopping traffic jumpsAdobeAdobe stock rises as holiday online sales hit $257.8B and AI shopping traffic jumps

Adobe stock rises as holiday online sales hit $257.8B and AI shopping traffic jumpsAdobeAdobe stock rises as holiday online sales hit $257.8B and AI shopping traffic jumps

New York, Jan 7, 2026, 20:40 — Market closed Adobe shares rose 0.6% to $338.10 on Wednesday after Adobe Analytics data showed U.S. online holiday spending hit $257.8 billion, above the company’s prior forecast of $253.4 billion. Buy-now-pay-later, an installment-payment option, accounted for $20 billion of spending and retail sites saw a 693.4% jump in traffic tied to AI shopping assistants and chatbots, Adobe said. “Competitive discounts and flexible payment options like Buy Now Pay Later also contributed to driving record spend,” said Vivek Pandya, lead analyst at Adobe Digital Insights. Reuters
8 January 2026
··
Newmont stock dips after Boddington bushfire update flags 60,000-ounce Q1 gold hit

Newmont stock dips after Boddington bushfire update flags 60,000-ounce Q1 gold hit

New York, January 7, 2026, 20:15 EST — Market closed. Newmont Corp shares fell 1.1% on Wednesday, after the gold miner said damage from a bushfire near its Boddington operation in Western Australia is expected to reduce first-quarter 2026 gold output by about 60,000 ounces. The company said the processing plant has restarted but will run at about 50%–60% of normal rates until water-supply infrastructure is restored, a process it expects to run through February. Newmont Corporation
8 January 2026
··
CoreWeave stock (CRWV) slips as Nvidia Rubin plan meets fresh analyst caution, insider filing

CoreWeave stock (CRWV) slips as Nvidia Rubin plan meets fresh analyst caution, insider filing

New York, January 7, 2026, 20:05 — Market closed CoreWeave, Inc. shares fell nearly 1% in Wednesday’s regular session and edged higher after the bell, as traders weighed the AI cloud firm’s next-gen chip roadmap against renewed focus on leverage and insider selling paperwork. The stock closed at $77.18, down 0.76, and was last up 0.73% at $77.74 after hours. It traded between $75.75 and $79.94 during the session.
8 January 2026
·
PepsiCo stock slides as Nvidia-Siemens “digital twin” push puts costs back in focus

PepsiCo stock slides as Nvidia-Siemens “digital twin” push puts costs back in focus

New York, Jan 7, 2026, 19:40 EST — After-hours PepsiCo, Inc. shares fell 1.4% to $137.01 on Wednesday, extending a four-session slide. The snacks-and-drinks maker this week unveiled a multi-year digital twin and AI partnership with Siemens and Nvidia, aimed at retooling factories and warehouses faster. The stock traded between $136.96 and $139.83, with about 8.4 million shares changing hands. StockAnalysis
8 January 2026
··
1 … 541 542 543 544 545 … 879

Stock Market Today

  • Jefferies Tells Investors to Stick With Quality Names as AI-Fueled Moves Jolt the Market
    July 7, 2026, 12:09 PM EDT. Jefferies is telling clients to stick with quality, low-momentum stocks as volatility driven by AI investment worries shakes up the market. The S&P 500 momentum index, loaded up with AI trades, has jumped more than 70% since 2024, drawing comparisons to the 1990s dot-com boom and bringing up fears of a coming pullback. Jefferies points to stocks over $10 billion in market value, solid profits, free cash flow yields above 3%, and forward P/Es below 20. On its list, AbbVie stands out, with Jefferies pointing to its 28% expected annual EPS growth for 2026-27 and a 5.2% free cash flow yield. AbbVie just agreed to buy Apogee Therapeutics for $10.9 billion, expanding its immunology lineup. Jefferies says this type of stock could steady portfolios while AI names swing.
Go toTop