Today: 7 February 2026
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India-US trade deal gets March target as GST sleuths net suspects and an ITC meme captures market nerves

India-US trade deal gets March target as GST sleuths net suspects and an ITC meme captures market nerves

GST investigators arrested four men in a ₹250-crore areca nut tax evasion case, while Kanpur police detained seven suspects in a ₹7.03-crore fake-invoice scam. Trade Minister Piyush Goyal said India and the U.S. will sign a formal trade deal in March, aiming to cut U.S. tariffs on Indian exports from 50% to 18%. ITC shares remained flat despite optimism over the trade agreement.
6 February 2026
Northern Star Resources (ASX:NST) share price drops 1.7% as $50m Tanami deal closes amid ASX rout

Northern Star Resources (ASX:NST) share price drops 1.7% as $50m Tanami deal closes amid ASX rout

Northern Star Resources shares fell 1.7% to A$26.77 Friday, with A$182 million traded, as gold miners and banks dragged the S&P/ASX 200 down 2%. MGX Resources completed a A$50 million purchase of a 50% stake in the Central Tanami Gold Project from Northern Star. Spot gold rose about 1% to $4,819 an ounce late in the session. Northern Star’s half-year results are due Feb. 12.
6 February 2026
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Macquarie share price drops as ASX selloff bites; APRA relief and Feb 10 briefing in focus

Macquarie share price drops as ASX selloff bites; APRA relief and Feb 10 briefing in focus

Macquarie Group shares fell 2.1% to A$208.02 Friday as Australian stocks slid, with the S&P/ASX 200 down 2.2% in afternoon trade. The drop followed APRA’s move to ease extra liquidity requirements on Macquarie Bank after improvements in risk controls. Macquarie’s A$500 million operational-risk capital overlay remains in place. Investors await next week’s operational briefing for trading updates.
6 February 2026
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CSL share price dips in ASX rout — here’s what investors are watching before earnings

CSL share price dips in ASX rout — here’s what investors are watching before earnings

CSL Limited fell 0.41% to A$180.50 as the S&P/ASX 200 dropped 2.03% to 8,709 points on Friday, marking the market’s worst day since November. About 1.23 million CSL shares changed hands ahead of its half-year results due Feb. 11. Healthcare stocks slipped 0.97%, while tech fell 3.7%. CSL reported 59,992 unquoted rights lapsed after processing January leavers, with a cessation date of Feb. 4.
6 February 2026
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Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

Stock Market Today 06.02.2026

The Dow Jones Industrial Average closed above 50,000 for the first time, jumping 1,206.95 points to 50,115.67. Citigroup raised Alphabet’s target price to $390 after strong earnings, maintaining a buy rating. Nvidia shares surged 7.8% as CEO Jensen Huang highlighted sustained $660 billion AI investment. Bitcoin rose 12% to $70,287.83.
6 February 2026
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KKR stock slides after earnings charge and $1.4 billion Arctos deal — what matters before Friday’s open

KKR stock slides after earnings charge and $1.4 billion Arctos deal — what matters before Friday’s open

KKR & Co shares fell 5.4% to $99.17 after reporting a one-time charge tied to an Asia fund and a 33% stock drop over the past year. Quarterly results showed management fees rising to $1.12 billion, while investing earnings fell to $84.8 million. KKR agreed to buy Arctos Partners for up to $1.95 billion. Broader U.S. markets slid on renewed concerns over AI investment returns.
6 February 2026
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Wall Street selloff accelerates: Nasdaq sinks, Bitcoin breaks $63,000 as AI fears grip markets

Wall Street selloff accelerates: Nasdaq sinks, Bitcoin breaks $63,000 as AI fears grip markets

Nasdaq closed at its lowest since November as tech and software stocks tumbled, with the S&P 500 software index losing 4.6%. Alphabet shares fell after announcing capital spending could reach $185 billion by 2026. Bitcoin plunged 14% to below $63,000, and silver also dropped sharply. Amazon sank 4.4% during the session and another 10% after hours.
6 February 2026
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Blackstone (BX) stock price dives nearly 6% as AI fears rattle markets — what investors watch next

Blackstone (BX) stock price dives nearly 6% as AI fears rattle markets — what investors watch next

Blackstone shares fell 5.7% to $126.83 Thursday, with trading volume tripling the 50-day average. The drop followed a tech-led selloff and renewed AI volatility, leaving the stock a third below its 52-week high. The Reserve Bank of India cleared Blackstone’s plan to buy nearly 10% of Federal Bank. Key dates ahead include Blackstone’s Feb. 9 dividend record date and the delayed U.S. jobs report on Feb. 11.
6 February 2026
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AST SpaceMobile stock sinks nearly 10% as AT&T’s Amazon satellite move spooks traders

AST SpaceMobile stock sinks nearly 10% as AT&T’s Amazon satellite move spooks traders

AST SpaceMobile shares fell 9.9% to $93.27 Thursday after AT&T announced a new satellite broadband deal with Amazon, fueling investor concerns about competition. Trading volume reached 15.8 million shares. The drop followed a 10.6% decline Wednesday. AT&T said its Amazon partnership targets fixed business broadband, not mobile, and does not affect its plans with AST.
6 February 2026
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Rocket Lab stock slides again; RKLB ends down 9% as investors eye earnings and Washington risk

Rocket Lab stock slides again; RKLB ends down 9% as investors eye earnings and Washington risk

Rocket Lab shares fell 9.3% to $66.32 Thursday, then slid another 6% after hours, extending losses to 18% since Tuesday. The drop followed two sharp sell-offs after a brief rally tied to SpaceX-xAI news and was compounded by Congress rejecting NASA Mars mission funding. Investors now await Rocket Lab’s earnings report on Feb. 26.
6 February 2026
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Stock Market Today

Eli Lilly stock pops as FDA targets cheap weight-loss copycats — what to know before Monday

Eli Lilly stock pops as FDA targets cheap weight-loss copycats — what to know before Monday

7 February 2026
Eli Lilly shares rose 3.7% to $1,058.18 Friday after the FDA said it would act against telehealth firm Hims & Hers for marketing a $49 compounded weight-loss pill. The move followed a sharp selloff Thursday when Hims announced plans to sell a version of Novo Nordisk’s Wegovy. Investors remain uncertain how aggressively regulators will police copycat drugs and pricing in the obesity drug market.
Saudi Aramco share price set for Sunday test after Tadawul ends market-making deal

Saudi Aramco share price set for Sunday test after Tadawul ends market-making deal

7 February 2026
Saudi Exchange approved Merrill Lynch KSA’s exit as market maker for Saudi Aramco, effective Feb. 8. Aramco shares closed at 25.60 riyals Thursday, down 0.06, with 22.1 million traded. The Tadawul index fell 1.3% as Brent crude dropped to $67.93. Aramco set March official selling prices at $2.10 above Argus for North America and $0.65 above ICE Brent for Western Europe.
Meta stock ends week down about 6% as Wall Street fixates on $135 billion AI capex

Meta stock ends week down about 6% as Wall Street fixates on $135 billion AI capex

7 February 2026
Meta closed down 1.3% Friday at $661.46, capping a 6.4% weekly drop as investors questioned heavy AI spending. Amazon and Alphabet also fell after outlining major capital outlays. Meta’s Instagram suffered a brief outage this week. Legal risks persist, with trials involving Meta set for next week in Los Angeles and New Mexico.
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