Today: 7 February 2026
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Bigger IRS tax refunds in 2026? The key deadlines and paper-check change to know now

Bigger IRS tax refunds in 2026? The key deadlines and paper-check change to know now

The IRS will phase out paper refund checks starting September 30, 2025, shifting most refunds to electronic payments. New tax-law changes, including exemptions for tipped and overtime income and expanded deductions, may boost average refunds by about $1,000, though results will vary. The filing deadline for 2025 returns is April 15, 2026. The IRS warns of possible delays due to staffing cuts and recent shutdowns.
7 January 2026
Bitcoin price today slides to $92,000 as rally cools before U.S. jobs data

Bitcoin price today slides to $92,000 as rally cools before U.S. jobs data

Bitcoin fell 1.8% to $92,065 in early New York trading Wednesday, after Morgan Stanley filed for bitcoin- and solana-linked ETFs with U.S. regulators. Ether dropped 2.3% to $3,220. Traders are watching the $90,000 level and Friday’s U.S. jobs report for direction. Strategy, the largest corporate bitcoin holder, reported a $17.44 billion unrealized loss for the fourth quarter.
7 January 2026
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Silver price pulls back under $80 as dollar firms; SLV jumps ahead of U.S. jobs data

Silver price pulls back under $80 as dollar firms; SLV jumps ahead of U.S. jobs data

Spot silver fell 2.3% to $79.40 per ounce Wednesday after hitting a record $83.62 last week, as profit-taking and a stronger dollar weighed on prices. The dollar index rose to 98.63 ahead of key U.S. jobs data. Silver-linked stocks gained in premarket trading, with iShares Silver Trust up 6.7%. Morgan Stanley noted China’s new export rules could add upside risk for silver amid ongoing supply deficits.
7 January 2026
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Strategy stock rises premarket after MSCI backs off crypto index purge

Strategy stock rises premarket after MSCI backs off crypto index purge

Strategy shares rose about 4% in premarket trading after MSCI said it will keep “digital asset treasury companies” in its indexes for now, deferring a proposal that could have forced the bitcoin-heavy firm out. MSCI plans a broader review of non-operating companies. Traders are also watching U.S. labor data due later this week. Strategy closed down 4.1% in the previous session as bitcoin fell 2%.
7 January 2026
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FTSE 100 Forecast 2026: UK Stock Market Pulls Back From Records as Oil Slides

FTSE 100 Forecast 2026: UK Stock Market Pulls Back From Records as Oil Slides

The FTSE 100 fell 0.7% to 10,054.34 by 1052 GMT, led lower by BP and miners after recent record highs. Oil prices dropped as the U.S. announced a $2 billion Venezuelan crude deal, with Shell down 2.4% and BP off 3.1%. UK construction PMI slumped to 40.1 in December. Auction Technology rejected 11 takeover bids from FitzWalter Capital, the first such move for a UK-listed firm this year.
7 January 2026
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S&P 500 2026 Forecast: 7,490 Target Meets a Data Test as Earnings Season Nears

S&P 500 2026 Forecast: 7,490 Target Meets a Data Test as Earnings Season Nears

The S&P 500 closed at 6,944.82, up 0.62%, while the Dow hit a record. SanDisk surged over 27% and Western Digital gained 17% after Nvidia’s CES appearance. Labor data including JOLTS and payrolls are due this week, with CPI and JPMorgan Chase earnings set for Jan. 13. A Reuters poll shows most strategists expect a 2026 market correction and S&P 500 at 7,490 by year-end.
7 January 2026
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Oil prices slide today on Trump’s Venezuela crude deal as inventories loom

Oil prices slide today on Trump’s Venezuela crude deal as inventories loom

Oil prices fell after President Donald Trump announced a deal for the U.S. to import up to $2 billion in Venezuelan crude. Brent dropped 0.6% to $60.35 a barrel, WTI fell 0.9% to $56.61. Traders cited concerns about a global surplus and uncertainty over how quickly Venezuelan barrels could shift from China to the U.S. Focus turns to U.S. inventory data and White House talks with oil executives later this week.
7 January 2026
India stock market today: Nifty dips for third day as tariff jitters weigh; jewellers shine

India stock market today: Nifty dips for third day as tariff jitters weigh; jewellers shine

Nifty 50 closed at 26,140.75, down 0.14%, and Sensex at 84,961.14, down 0.12% on Wednesday. Autos and oil & gas stocks fell, while IT and jewellery shares rose, with Titan hitting a record high. Reliance Industries dropped 4.5% after warning of no Russian crude deliveries in January. Investors remain cautious amid renewed U.S. tariff threats over India’s Russian oil purchases.
7 January 2026
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UK stocks today: FTSE 100 retreats from record highs as BP, Shell slide on Venezuela oil deal

UK stocks today: FTSE 100 retreats from record highs as BP, Shell slide on Venezuela oil deal

FTSE 100 fell 0.5% by mid-morning Wednesday, led by declines in BP and Shell as oil prices dropped after a reported U.S.-Venezuela supply deal. Topps Tiles rose 1.5% on higher revenue. UK construction activity shrank for a 12th month, with the PMI at 40.1. Investors shifted into utilities and property stocks after Tuesday’s record close.
7 January 2026
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ASX 200 closes higher after inflation cools; banks drag while Lynas jumps 14%

ASX 200 closes higher after inflation cools; banks drag while Lynas jumps 14%

The S&P/ASX 200 rose 0.15% to 8,695.6 Wednesday as miners and rare-earth stocks offset losses in banks after inflation slowed to 3.4% in November. Lynas Rare Earths surged 14.5% following China’s new export controls, while Commonwealth Bank, Westpac, ANZ, and NAB dropped up to 2%. The Australian dollar slipped to 67.28 U.S. cents. Investors await further CPI data due Jan. 28.
7 January 2026
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Stock Market Today

Novo Nordisk stock: Class B shares face Monday test after FDA squeeze forces Hims to pull $49 Wegovy copycat

Novo Nordisk stock: Class B shares face Monday test after FDA squeeze forces Hims to pull $49 Wegovy copycat

7 February 2026
Novo Nordisk Class B shares closed up 5.3% at 295.50 Danish crowns in Copenhagen after Hims & Hers said it would stop offering a compounded pill version of Wegovy following U.S. regulatory warnings. The move came after Novo called the Hims product “illegal mass compounding” and threatened legal action. Shares had fallen nearly 8% Thursday after Hims launched the pill. Trading resumes Monday.
Linde stock price falls as LIN heads into weekend; JPMorgan downgrade and guidance in focus

Linde stock price falls as LIN heads into weekend; JPMorgan downgrade and guidance in focus

7 February 2026
Linde plc shares fell 2.5% to $448.24 Friday after reporting Q4 sales up 6% to $8.76 billion and adjusted EPS of $4.20. The company guided 2026 adjusted EPS to $17.40–$17.90, below analyst consensus. JPMorgan downgraded the stock, while Morgan Stanley and UBS raised price targets. Linde repurchased $1.4 billion in shares in Q4 and returned $7.4 billion to shareholders in 2025.
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