Today: 7 February 2026
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Shan Ahmed Khan

As a journalist focused on finance and the stock market, he delivers fast, reliable, and easy-to-understand coverage of market news.

Oil prices hover near four-month high after U.S. storm froze exports; inventories and OPEC+ next

Oil prices hover near four-month high after U.S. storm froze exports; inventories and OPEC+ next

Brent crude fell 35 cents to $67.22 a barrel premarket Wednesday, while WTI slipped 21 cents to $62.18, easing after a storm-driven rally. U.S. crude exports dropped to zero Sunday before rebounding to 4.4 million barrels per day Monday as Gulf Coast ports reopened. Kazakhstan’s Tengiz field remains under force majeure with output recovery slower than expected. Traders await U.S. inventory data and the Feb. 1 OPEC+ meeting.
28 January 2026
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Mortgage rates today hover near 6% ahead of Fed decision as housing stocks wobble

Mortgage rates today hover near 6% ahead of Fed decision as housing stocks wobble

Mortgage rates hovered near 6% early Wednesday, with Zillow showing a 30-year fixed at 5.99%. Homebuilder stocks fell before the open, with ITB down 1.3% and XHB off 1.2%. SFS Corp, linked to UWM CEO Mat Ishbia, sold nearly 1.9 million UWM shares last week. The Fed is expected to hold rates steady at its policy meeting Wednesday.
28 January 2026
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Silver price today: XAG/USD near $113 after record run as Fed decision looms

Silver price today: XAG/USD near $113 after record run as Fed decision looms

Spot silver slipped 0.2% to $112.82 an ounce Wednesday, after hitting a record $117.69 on Monday. The CME raised margin requirements on Comex silver futures following sharp price swings and record trading volumes. The dollar hovered near four-year lows ahead of the Federal Reserve’s policy decision later today. Silver-linked stocks and Indian silver imports also jumped amid volatility.
28 January 2026
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Bitcoin price nears $90,000 again as Fed decision looms and ETF flows swing

Bitcoin price nears $90,000 again as Fed decision looms and ETF flows swing

Bitcoin rose 1.8% to $89,259 by 6:26 a.m. EST Wednesday, staying below $90,000 as traders awaited the Federal Reserve’s rate decision. U.S. spot bitcoin ETFs saw a $102.8 million net outflow Tuesday after a brief inflow Monday. The dollar hovered near multi-year lows. Ether gained 3.9% to $3,014.47.
28 January 2026
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S&P 500 futures edge up before Fed decision as Texas Instruments pops on AI data-center demand

S&P 500 futures edge up before Fed decision as Texas Instruments pops on AI data-center demand

S&P 500 futures rose 0.32% and Nasdaq 100 futures gained 0.72% early Wednesday ahead of the Federal Reserve’s policy decision and major tech earnings. Texas Instruments jumped about 9% premarket after strong AI-driven results, while Seagate Technology climbed on robust cloud demand. The S&P 500 closed Tuesday at 6,978.60, up 0.41%. Investors remain focused on Fed signals for rate cuts later this year.
28 January 2026
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Dow Jones today: Dow futures inch up as Fed decision and Big Tech earnings loom

Dow Jones today: Dow futures inch up as Fed decision and Big Tech earnings loom

Dow futures rose about 30 points ahead of the Fed’s policy decision, with S&P 500 and Nasdaq 100 futures also up. Health insurers slumped after U.S. officials proposed a 0.09% Medicare Advantage payment hike, far below expectations. The Dow fell 409 points Tuesday, dragged by UnitedHealth, Humana, and CVS losses, while the S&P 500 and Nasdaq hit records on tech gains. Microsoft and Meta will report earnings Wednesday.
28 January 2026
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AI stocks are moving before the bell: Nvidia rises as Microsoft, Meta earnings loom

AI stocks are moving before the bell: Nvidia rises as Microsoft, Meta earnings loom

Nvidia rose 1.7% and Intel jumped 6.6% in premarket trading Wednesday, leading gains among chip stocks. Microsoft and Meta are set to report earnings after the bell, with investors focused on AI spending and margins. ASML raised its 2026 sales forecast after strong bookings but announced 1,700 job cuts. SK Hynix posted record quarterly profit on surging demand for AI server memory.
28 January 2026
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FTSE 100 today slips as pound jumps and gold hits $5,300; Marston’s dives

FTSE 100 today slips as pound jumps and gold hits $5,300; Marston’s dives

FTSE 100 fell 0.3% to 10,177.85 as a stronger pound hit overseas earners. Gold reached a record above $5,300 an ounce, boosting miners, while Marston’s dropped up to 16% on flat 17-week sales. Traders awaited the U.S. Fed’s policy decision later Wednesday. Oil prices eased but held near four-month highs after U.S. supply disruptions.
28 January 2026
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Australia stock market today: ASX 200 snaps winning streak as inflation jolts RBA rate-hike bets

Australia stock market today: ASX 200 snaps winning streak as inflation jolts RBA rate-hike bets

Australian shares ended lower Wednesday, with the S&P/ASX 200 down 0.09% after inflation data showed annual CPI at 3.8%. Swaps now price a 73% chance of a February rate hike. Electricity prices surged 21.5% over the year. The Australian dollar hovered near 69.9 U.S. cents late in the session.
28 January 2026
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India stock market today: Nifty, Sensex end higher on EU trade deal buzz and budget positioning

India stock market today: Nifty, Sensex end higher on EU trade deal buzz and budget positioning

Nifty 50 rose 0.66% and Sensex gained 0.60% at Wednesday’s close, marking a second straight day of gains. Defence, infrastructure, and energy stocks led advances ahead of the Feb. 1 budget. Oil India surged 9.6% and Bharat Electronics hit a record after strong earnings. The rupee edged lower as traders watched for the U.S. Fed decision.
28 January 2026
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Stock Market Today

South32 share price drops 4% in ASX rout — what investors watch before results

South32 share price drops 4% in ASX rout — what investors watch before results

7 February 2026
South32 shares fell 4.1% to A$4.41 Friday as Australian miners dropped in the worst ASX session since April 2025. The S&P/ASX 200 lost 2%, erasing almost A$70 billion in value. South32’s half-year results and interim dividend decision are set for Feb. 12. Markets reopen Monday with investors watching for further volatility.
Wesfarmers share price: what to watch on ASX next week as results loom

Wesfarmers share price: what to watch on ASX next week as results loom

7 February 2026
Wesfarmers shares closed down 1.33% at A$85.04 on Friday, following a sharp drop in the S&P/ASX 200, which fell 2% for its steepest one-day loss in 10 months. Investors are watching for Australia’s household spending data next week and Wesfarmers’ half-year results due Feb. 19.
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