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.

Corning stock steadies before U.S. open after JPMorgan sticks with Overweight, insider sale disclosed

Corning stock steadies before U.S. open after JPMorgan sticks with Overweight, insider sale disclosed

Corning stock held near $110.36 in early Tuesday trading after a 6.9% surge Monday. JPMorgan reiterated its Overweight rating and $115 target, citing strong LCD panel trends. Retired president Eric Musser sold 25,000 shares Monday, leaving him with 19,926, according to an SEC filing. Meta’s multi-year deal with Corning, valued up to $6 billion, will expand fiber production in North Carolina.
Brent price holds near $66 after Monday slide as OPEC+ stands pat and Iran talks loom

Brent price holds near $66 after Monday slide as OPEC+ stands pat and Iran talks loom

Brent crude recovered to $66.37 a barrel Tuesday after hitting a one-week low of $65.19, as traders weighed U.S.-Iran nuclear talks and OPEC+’s decision to keep March output steady. A new U.S.-India trade deal, requiring India to halt Russian oil purchases, added uncertainty to global crude flows. The dollar strengthened after Trump nominated Kevin Warsh as Fed chair. Russian officials said demand should rise in March and April.
3 February 2026
US economic calendar today: Shutdown scrubs key labor data as Wall Street leans on Fed talk, Treasury plans

US economic calendar today: Shutdown scrubs key labor data as Wall Street leans on Fed talk, Treasury plans

The partial U.S. government shutdown has delayed the January jobs report and December JOLTS data, clearing Tuesday’s economic calendar. S&P 500 and Nasdaq 100 futures rose modestly in premarket trading, while Treasuries slipped. Teradyne and Palantir jumped after strong forecasts. Richmond Fed President Tom Barkin is set to speak at 8 a.m. ET.
Oil prices slip again as U.S.-Iran talks loom and the dollar firms; Brent near $66

Oil prices slip again as U.S.-Iran talks loom and the dollar firms; Brent near $66

Brent crude fell 15 cents to $66.15 a barrel Tuesday, while U.S. WTI slipped 8 cents to $62.06, after both benchmarks dropped over $3 Monday following Donald Trump’s remarks on U.S.-Iran talks. India’s Russian oil imports fell 22% in December to a two-year low as sanctions tightened, with OPEC’s share of Indian imports rising to 53.2%. Russia’s Deputy PM Novak said global demand should pick up in March and April.
3 February 2026
Mortgage rates today tick higher: 30-year fixed at 6.22% as shutdown scrambles the next data signal

Mortgage rates today tick higher: 30-year fixed at 6.22% as shutdown scrambles the next data signal

U.S. 30-year fixed mortgage rates rose to 6.22% Tuesday, with refinance rates at 6.49%, Bankrate reported. The Bureau of Labor Statistics postponed January’s jobs report due to a partial government shutdown. Mortgage lenders and housing stocks led gains, with Rocket Companies up 4.7%. The ISM’s January PMI rose to 52.6, signaling factory growth.
Natural gas price whipsaws after worst drop since 1995 — traders eye storage data

Natural gas price whipsaws after worst drop since 1995 — traders eye storage data

U.S. natural gas futures hovered near $3.22/mmBtu Tuesday after plunging 25.7% Monday, the steepest drop since 1995 outside contract rollovers. Warmer mid-February forecasts and record output drove the selloff, while volatility hit a record 250.7%. LNG exports dipped in January as freeze-offs disrupted plants. Traders await Thursday’s U.S. storage report.
XRP price today: Token slips to $1.60 as crypto liquidations pile up and Ripple-linked tokenization news lands

XRP price today: Token slips to $1.60 as crypto liquidations pile up and Ripple-linked tokenization news lands

XRP fell 1.2% to $1.60 in early trading as traders digested a weekend selloff that triggered $2.56 billion in bitcoin liquidations. Ctrl Alt and Billiton Diamond said they’ve tokenized over $280 million in UAE diamonds on the XRP Ledger, with custody by Ripple. The U.S. government shutdown delayed Friday’s jobs report, adding to market uncertainty. Bitcoin rose 0.8% to $78,111; ether edged up 0.3% to $2,282.
Gold price today: Bullion jumps 5% after historic plunge as buyers return

Gold price today: Bullion jumps 5% after historic plunge as buyers return

Spot gold jumped 5.5% to $4,921 an ounce Tuesday, its biggest one-day gain since 2008, after a sharp selloff wiped out leveraged positions. U.S. futures rose 6.3%. The rebound followed two days of heavy losses triggered by higher margin requirements and uncertainty over the Federal Reserve’s direction under Kevin Warsh. Silver surged 9.2% to $86.70.
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Stock Market Today

Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

Stock Market Today 07.02.2026

7 February 2026
LIVEMarkets rolling coverageStarted: February 7, 2026, 12:00 AM ESTUpdated: February 7, 2026, 12:27 AM EST Dollar Dips as Stocks Rally and US Data Influences Fed Rate Expectations February 7, 2026, 12:18 AM EST. The **dollar index** fell 0.17%, pressured by a rebound in equity markets reducing demand for the safe-haven currency. Weaker-than-expected U.S. labor market data raised the odds of a Fed rate cut to 18% for March, though consumer sentiment improved to a six-month high, limiting losses. Hawkish comments from Atlanta Fed's Raphael Bostic emphasized maintaining restrictive monetary policy. The dollar faces medium-term weakness amid expectations for rate cuts
Seagate (STX) stock jumps nearly 6% as Citi hikes target — what to watch next week

Seagate (STX) stock jumps nearly 6% as Citi hikes target — what to watch next week

7 February 2026
Seagate shares rose 5.9% to $429.32 Friday after Citigroup raised its price target to $480 and reiterated a buy rating. The gain ended a two-day slide but left the stock 6.6% below its Feb. 3 high. CEO Dave Mosley sold 20,000 shares on Feb. 2 under a pre-arranged plan, SEC filings show. U.S. jobs and inflation data next week are seen as key tests for tech stocks.
Cummins (CMI) stock price rebounds after earnings whipsaw as investors eye data-center power demand

Cummins (CMI) stock price rebounds after earnings whipsaw as investors eye data-center power demand

7 February 2026
Cummins shares jumped 6.8% to $577.73 Friday, recovering from a nearly 9% post-earnings drop the day before. The company reported Q4 revenue up 1% to $8.54 billion, took a $218 million charge tied to its hydrogen business, and guided for 2026 EBITDA of 17–18% of sales. Demand for data center generators offset weakness in North American truck markets. Analyst reaction was mixed; Truist raised its price target.
Corning stock hits first record close since 2000 as jobs, CPI data loom

Corning stock hits first record close since 2000 as jobs, CPI data loom

7 February 2026
Corning shares surged 8.3% to $122.16 Friday, their highest close since the dot-com era, after Meta agreed to buy up to $6 billion in fiber-optic cables. The stock is up 40% since late 2025, fueled by strong first-quarter guidance and AI data-center demand. Insiders sold shares following the rally, SEC filings show. Investors await next week’s U.S. jobs and inflation data for rate signals.
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