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.

Powell DOJ threat shakes markets: gold tops $4,600 as dollar slips and Dow futures dip

Powell DOJ threat shakes markets: gold tops $4,600 as dollar slips and Dow futures dip

NEW YORK, Jan 13, 2026, 07:14 EST U.S. stock index futures dipped on Tuesday after the heads of the European Central Bank, the Bank of England and nine other central banks issued a rare joint statement backing Federal Reserve Chair Jerome Powell. At 5:09 a.m. ET, S&P 500 e-minis were down 0.14% and Nasdaq 100 e-minis fell 0.24%, pointing to a softer open as traders braced for U.S. inflation data expected to show consumer prices accelerated in December. (Reuters) Powell said the Justice Department served the Fed with grand jury subpoenas on Friday, threatening a criminal indictment tied to his
13 January 2026
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DeepSnitch AI’s DSNT crypto presale tops $1.1 million as launch nears and Solana comparisons spread

DeepSnitch AI’s DSNT crypto presale tops $1.1 million as launch nears and Solana comparisons spread

LONDON, Jan 13, 2026, 12:17 (GMT) DeepSnitch AI’s DSNT token is reportedly nearing the end of its presale phase, according to a Tuesday report from Tribune India. The presale has raised $1,167,642 so far, with the current token price set at $0.03401. The project aims to launch in about three weeks. https://www.tribuneindia.com/news/business/best-crypto-presale-in-january-2026-deepsnitch-ai-entering-the-final-stretch-before-launch/ Timing is key as crypto markets have been volatile this January, with investors debating if funds are flowing back into regulated products or sticking with riskier bets like early-stage token sales. Bitcoin climbed roughly 1.3% to $91,878, while Solana gained about 1.0%, reaching $141.31. U.S.-listed spot Bitcoin exchange-traded
13 January 2026
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Coinbase stock rises as Senate revives CLARITY Act crypto bill — stablecoin rewards in play

Coinbase stock rises as Senate revives CLARITY Act crypto bill — stablecoin rewards in play

NEW YORK, Jan 13, 2026, 07:19 EST Bitcoin and crypto-linked U.S. stocks nudged up in premarket Tuesday following Senate Banking Committee Chairman Tim Scott’s release of new text for a long-awaited crypto market structure bill. The proposal aims to clarify regulatory oversight across digital assets. Congress is pushing now to establish a broad federal framework after years of a patchwork of state rules and enforcement-driven federal oversight. Lobbying efforts have ramped up ahead of committee action this week, raising the stakes for listed firms that rely on U.S. trading volumes and custody fees. https://www.investmentnews.com/alternatives/its-a-pivotal-week-for-crypto-legislation-as-us-senate-debates-long-stalled-legislation/264780 The bill centers on jurisdiction, seeking
13 January 2026
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Debt worries rise: MNP survey says most Canadians expect higher costs and weaker economy in 2026

Debt worries rise: MNP survey says most Canadians expect higher costs and weaker economy in 2026

TORONTO, Jan 13, 2026, 07:16 EST Most Canadians are bracing for a tougher cost of living in 2026, according to a quarterly survey from insolvency firm MNP Ltd. Released Monday, the poll revealed that 71% expect living expenses to rise, while 59% anticipate the overall economy will take a hit this year. Concerns about housing are also mounting. https://www.globenewswire.com/news-release/2026/01/12/3216872/0/en/MNP-Consumer-Debt-Index-Canadians-Brace-for-Challenging-2026.html The snapshot is crucial now as households enter the year still wary of borrowing costs, following a series of rate changes that altered mortgage and credit payments. In December, the Bank of Canada kept its overnight rate target steady at 2.25%,
13 January 2026
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Stock market today: Nikkei jumps, yen sinks as Dow and S&P brace for U.S. CPI and JPMorgan

Stock market today: Nikkei jumps, yen sinks as Dow and S&P brace for U.S. CPI and JPMorgan

LONDON, Jan 13, 2026, 12:18 GMT Global stocks climbed Tuesday, fueled by a record surge in Tokyo as investors awaited U.S. inflation figures and the kickoff of major bank earnings. Japan’s Nikkei soared 3.3%, while the yen slipped toward 159 per dollar. IG strategist Chris Beauchamp described the market as “climbing and climbing” a fresh “wall of worry.” Gold hovered near $4,600 an ounce following a record high, with RBC’s Christopher Louney dubbing it a “catch-all” hedge. (Reuters) The U.S. December consumer price index arrives Tuesday and might reshape expectations around the pace of Federal Reserve rate cuts. Analysts predict
13 January 2026
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Trump eyes shutting Exxon out of Venezuela — but the oil giant still plans a look

Trump eyes shutting Exxon out of Venezuela — but the oil giant still plans a look

New York, January 13, 2026, 07:10 EST Exxon Mobil is still planning to dispatch an assessment team to Venezuela in the coming weeks, according to someone familiar with the company’s strategy, despite President Donald Trump’s hint that he might block the oil giant’s access to the country. Exxon shares slipped 0.5% to $124.03 ahead of the open. The standoff is significant as Trump pushes U.S. energy firms to step in and rebuild Venezuela’s oil industry following the capture of Nicolás Maduro. He frames the move as both an economic reboot and a strategic victory. The White House is eager for
13 January 2026
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Heating oil price jumps as Iran risk premium lifts NYMEX ULSD; distillate stocks in focus

Heating oil price jumps as Iran risk premium lifts NYMEX ULSD; distillate stocks in focus

NEW YORK, Jan 13, 2026, 07:26 EST — Regular session U.S. heating oil futures rose 1.5% to $2.1876 a gallon in early Tuesday trading, following Monday’s close at $2.1544. (Investing.com) This move is significant since heating oil is part of the distillate pool—a group that also includes diesel—and price fluctuations can quickly impact winter fuel expenses and freight charges. The U.S. Energy Information Administration warns that reduced distillate inventories may increase the chances of steeper price hikes and greater volatility through the heating season. (U.S. Energy Information Administration) Crude led the gains. Brent jumped close to 2%, while U.S. crude
13 January 2026
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Gasoline price stock UGA climbs premarket as oil rally puts pump prices back in play

Gasoline price stock UGA climbs premarket as oil rally puts pump prices back in play

New York, January 13, 2026, 07:34 EST — Premarket Shares of United States Gasoline Fund LP (UGA) ticked up about 1.1% in early trading Tuesday as oil prices surged amid concerns that unrest in Iran could tighten supply. Brent futures climbed $1.20, or 1.9%, to $65.07 a barrel by 1150 GMT. U.S. West Texas Intermediate rose $1.23, roughly 2.1%, hitting $60.73. “The oil market is building in some price protection against geopolitical drivers,” said John Evans, an analyst at PVM Oil Associates. (Reuters) Gasoline prices impact households fast. On Tuesday, AAA reported the U.S. national average for regular gasoline at
13 January 2026
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Brent price today jumps toward two-month high as Iran unrest flares; oil-stock investors watch CPI, Venezuela flows

Brent price today jumps toward two-month high as Iran unrest flares; oil-stock investors watch CPI, Venezuela flows

London, January 13, 2026, 12:05 GMT — Regular session Brent crude futures climbed $1.06, or 1.7%, reaching $64.93 a barrel by 0934 GMT on Tuesday, near levels not seen since mid-November amid renewed worries about Iran’s exports. U.S. West Texas Intermediate rose $1.02, also 1.7%, to $60.52. John Evans, an analyst at PVM Oil Associates, noted the market is factoring in some price protection against geopolitical risks, while Barclays estimates that unrest in Iran has tacked on roughly $3-$4 a barrel in geopolitical “risk premium”—the added cost traders accept to hedge against supply disruptions. (Reuters) Brent prices have surged over
13 January 2026
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Google stock taps $4 trillion on Apple Gemini AI deal as “Have-Lots” worries grow

Google stock taps $4 trillion on Apple Gemini AI deal as “Have-Lots” worries grow

New York, Jan 13, 2026, 07:11 EST Alphabet (GOOGL.O) briefly hit a $4 trillion market cap on Monday following news that Apple’s (AAPL.O) upcoming AI models will use Google’s Gemini, cementing a multi-year partnership. Class A shares climbed as much as 1.7% to an all-time high of $334.04 before easing back, fueled by optimism around Google Cloud’s growth: revenue surged 34% in Q3, with backlog hitting $155 billion. Phil Blancato, CEO of Ladenburg Thalmann Asset Management, described Alphabet as “the one name that has surprised us all” within Wall Street’s “Magnificent Seven” — a nickname for seven mega-cap tech giants.
13 January 2026
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CPI Morning: US economic calendar today puts stocks on edge as earnings kick off

CPI Morning: US economic calendar today puts stocks on edge as earnings kick off

New York, January 13, 2026, 06:58 (EST) — Premarket U.S. stock index futures dipped slightly Tuesday morning as traders braced for the government’s inflation data and kicked off the first big wave of earnings reports. The consumer price index, or CPI, remains the key driver behind market bets on interest rates. It directly influences Treasury yields and shapes equity valuations, especially for growth stocks that depend on cheaper borrowing. This week kicks off with a crucial test: can company profits live up to lofty expectations? Banks and airlines lead the charge, offering investors an early glimpse into credit demand, spending
13 January 2026
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Oil prices jump on Iran unrest as Exxon stock slips premarket; Venezuela barrels in focus

Oil prices jump on Iran unrest as Exxon stock slips premarket; Venezuela barrels in focus

New York, Jan 13, 2026, 07:00 EST — Premarket Oil prices climbed early Tuesday, with Brent futures rising $1.06, or 1.7%, to $64.93 a barrel. U.S. West Texas Intermediate gained $1.02, also 1.7%, reaching $60.52, close to their strongest points since mid-November. Barclays estimated the geopolitical “risk premium”—the extra cost traders factor in for possible supply disruptions—at around $3-$4 a barrel. Brent’s premium over Dubai, a key Middle East benchmark, also stretched to its widest since July, according to LSEG data. John Evans, analyst at PVM Oil Associates, noted, “The oil market is building in some price protection against geopolitical
13 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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