NAB share price: fixed mortgage-rate hike keeps CPI and RBA in focus as ASX shuts for long weekend

NAB share price: fixed mortgage-rate hike keeps CPI and RBA in focus as ASX shuts for long weekend

NAB shares closed down 0.2% at A$42.35 Friday after the bank raised fixed mortgage rates by up to 0.40 percentage points. The ASX will remain shut until Tuesday for the Australia Day holiday. Strong jobs data and shifting rate expectations have heightened focus on the upcoming inflation report and the RBA’s February 3 policy decision.
ANZ share price dips after Suncorp job cuts row as rate bets build into CPI week

ANZ share price dips after Suncorp job cuts row as rate bets build into CPI week

ANZ shares fell 0.5% to A$36.21 Friday as union opposition to Suncorp Bank job cuts heightened political scrutiny of the merger. The Finance Sector Union said 66 staff face layoffs, mostly in Brisbane. Traders shifted focus to upcoming inflation data and the Reserve Bank of Australia’s February rate decision. The Australian dollar hit a 15-month high after strong jobs data.
Lynas Rare Earths share price: ASX:LYC ends the week higher as price-floor talk returns — what to watch next

Lynas Rare Earths share price: ASX:LYC ends the week higher as price-floor talk returns — what to watch next

Lynas Rare Earths closed Friday up 0.7% at A$16.86, capping a 9% weekly gain after reporting a 43% jump in quarterly sales revenue on higher prices, despite output falling to 2,382 tons due to power outages at its Kalgoorlie plant. CEO Amanda Lacaze said policy support is helping, as governments discuss price floors for rare earths. The ASX reopens Tuesday after the Australia Day holiday.
Macquarie stock price slips into holiday week as filings flag stake shifts — here’s what matters next

Macquarie stock price slips into holiday week as filings flag stake shifts — here’s what matters next

Macquarie Group shares slipped 0.2% to A$210.41 at Friday’s close. Company filings showed Macquarie entities became a substantial holder in Beetaloo Energy, crossing the 5% mark, but fell below 5% in Pantoro Gold. Investors await Australia’s CPI data and the U.S. Fed’s decision on Jan. 28. The next ASX session follows a public holiday, narrowing reaction time to any market shocks.
Fortescue stock steadies after cost spike jolts FMG — what to watch after the long weekend

Fortescue stock steadies after cost spike jolts FMG — what to watch after the long weekend

Fortescue shares closed Friday at A$21.51, up 0.14%, after plunging 5.1% Thursday on rising unit costs and doubts over the Iron Bridge ramp-up. December-quarter shipments hit a record 50.5 million tonnes, but hematite C1 costs rose to US$19.10 per tonne. The ASX will stay closed Monday for Australia Day, reopening Tuesday.
CSL share price ends week higher at A$179.62 — what to watch before results and the next ASX session

CSL share price ends week higher at A$179.62 — what to watch before results and the next ASX session

CSL closed Friday 0.7% higher at A$179.62 after trading between A$179.33 and A$180.80. Investors are focused on CSL’s half-year results and interim dividend announcement set for Feb. 11. The ASX 200 edged up 0.13%, with healthcare steady. Rate hike bets and a key inflation report loom ahead of the Reserve Bank’s Feb. 3 meeting.
Northern Star share price rebounds after bruising selloff — what to watch before ASX reopens

Northern Star share price rebounds after bruising selloff — what to watch before ASX reopens

Northern Star Resources shares rose 5.4% to A$27.60 Friday after a sharp drop on cost warnings and a quarterly miss. The company sold 348,061 ounces of gold in the December quarter at an AISC of A$2,937 per ounce and posted negative free cash flow of A$328 million. The ASX 200 closed up 0.13%. Trading resumes Tuesday after the Australia Day holiday.
CBA share price slips into Australia Day break — the CPI and RBA dates that could move the stock next

CBA share price slips into Australia Day break — the CPI and RBA dates that could move the stock next

Commonwealth Bank of Australia shares closed down 0.75% at A$149.48 on Friday. The S&P/ASX 200 edged up 0.13% to 8,860, as banks weighed on the index. Investors are awaiting December inflation data due Jan. 28 and the Reserve Bank’s rate decision on Feb. 3. CBA will report half-year results and declare its interim dividend on Feb. 11.

Stock Market Today

Corning stock price hits record close — what’s driving GLW and the next big test

Corning stock price hits record close — what’s driving GLW and the next big test

7 February 2026
Corning shares jumped 8.3% to a record $122.16 Friday, gaining 11% over two sessions amid strong demand for AI infrastructure stocks. The move follows a $6 billion optical fiber deal with Meta and upgraded company forecasts. Shares traded as high as $122.56 and rose 0.6% after hours. COO Avery Nelson sold 1,894 shares for tax withholding, retaining 66,050.
PepsiCo stock: €2.5 billion bond deal lands as investors size up the price-cut gamble

PepsiCo stock: €2.5 billion bond deal lands as investors size up the price-cut gamble

7 February 2026
PepsiCo priced €2.5 billion in euro notes across four maturities, with settlement set for Feb. 11, according to an SEC filing. The company plans to use proceeds for general corporate purposes, including repaying commercial paper. Shares closed at $170.49 Friday, up 1.8%. PepsiCo is also cutting U.S. snack prices by up to 15% after consumer pushback.
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