Today: 2 July 2026

LSEG share price drops 4% in early London trade as AI fears linger and buyback rolls on

LSEG share price drops 4% in early London trade as AI fears linger and buyback rolls on

London, Feb 6, 2026, 08:01 GMT — Regular session Shares of London Stock Exchange Group fell about 4% shortly after Friday’s open, erasing part of the previous day’s gains. Concerns over AI disruption continue to weigh on investors. At 0802 GMT, the stock traded at 7,282 pence, down from Wednesday’s close of 7,586, fluctuating between roughly 7,183 and 7,304 pence.
6 February 2026
IRS tax refund delays warning: staffing crunch and paper-check phaseout collide in 2026 season

IRS tax refund delays warning: staffing crunch and paper-check phaseout collide in 2026 season

The U.S. Internal Revenue Service is headed into the 2026 filing season understaffed, with backlogs growing and hiring lagging in critical processing units, according to a Treasury watchdog memo. The IRS lost roughly 19,000 employees amid workforce cuts and was carrying about 2 million unfinished items in major return-processing inventories as of early December. It had hired just 50 of 2,200 approved new staff for a key processing role, the memo revealed. https://www.tigta.gov/sites/default/files/reports/2026-01/2026400002-Readiness-Memo.pdf The IRS kicked off the 2025 tax return season on Jan. 26, with around 164 million individual filings expected before the April 15 deadline. Most refunds are processed in less than 21 days, the agency said. Refunds linked to the Earned Income Tax Credit or the Additional Child Tax Credit should arrive by March 2 for direct deposit recipients. https://www.irs.gov/newsroom/irs-opens-2026-filing-season
6 February 2026

Stock Market Today

  • Banks, Gold Lift ASX 200; Tech Sees Sharp Drop
    July 2, 2026, 6:11 AM EDT. The ASX 200 finished just above flat, up 0.02% to 8724.50, with gains in financials and gold lifting the index as technology stocks tumbled. National Australia Bank jumped 3.84% after a broker upgrade. Spot gold moved up 0.8% ahead of the looming US non-farm payroll figures. Brent crude touched its lowest level since US/Israel-Iran tensions started. Australian tech names like Next DC and Infratil slid, with investors wary about AI spending after Meta's selloff. The All Ordinaries dropped 0.01%. Asian trading was muted as the Philadelphia Semiconductor Index fell 6.27%. Traders are still cautious ahead of US data that could shape rate moves.
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