Today: 8 July 2026

Dow snaps back after Trump cools Greenland tariff threat; Asia rallies and gold slips from record

Dow snaps back after Trump cools Greenland tariff threat; Asia rallies and gold slips from record

Global shares edged higher on Thursday after U.S. President Donald Trump took a softer stance on Greenland, easing a surge of market jitters that had unsettled stocks, bonds, and currencies. The relief is notable, given that earlier tariff threats had sparked fresh worries about a trade war. This comes as investors weigh whether corporate earnings can justify high stock valuations.
22 January 2026
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US economic calendar today: Stock futures rise ahead of delayed PCE inflation data, GDP revision and jobless claims

US economic calendar today: Stock futures rise ahead of delayed PCE inflation data, GDP revision and jobless claims

NEW YORK, Jan 22, 2026, 06:48 ET — Premarket U.S. stock index futures climbed on Thursday, pushing Wall Street’s recent rally higher ahead of a packed economic docket. Investors are gearing up for key data, including GDP, weekly jobless claims, and a delayed update on the Fed’s favored inflation measure. At 5:59 a.m. ET, S&P 500 e-minis were up 0.60%, Nasdaq 100 e-minis rose 0.87%, and Dow e-minis gained 0.41%.
22 January 2026
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GE Aerospace earnings beat: 2026 profit forecast tops estimates as airlines keep engines in the shop

GE Aerospace earnings beat: 2026 profit forecast tops estimates as airlines keep engines in the shop

GE Aerospace predicted on Thursday that its 2026 adjusted earnings per share will exceed Wall Street expectations, driven by strong demand for spare parts and maintenance as airlines extend the life of older aircraft. Shares climbed nearly 4% in premarket trading. The company also noted that parts and services account for over 70% of its commercial engine revenue. Timing is crucial. Boeing and Airbus have lagged in delivering new planes, forcing airlines to pour money into maintaining their current fleets—despite steady global travel demand.
22 January 2026
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Brent oil price slips to $64 as risk premium ebbs; U.S. inventories loom

Brent oil price slips to $64 as risk premium ebbs; U.S. inventories loom

London, January 22, 2026, 12:00 GMT — Regular session Brent crude futures dropped $1.07, or 1.6%, to $64.17 a barrel by 1123 GMT Thursday, while U.S. West Texas Intermediate for March slid $1.02, or 1.7%, to $59.60. The oil price pullback came after a two-day rally boosted by a Kazakhstan outage. President Donald Trump eased tensions by softening his Greenland tariff threats and expressing hope to avoid further U.S. military action in Iran. According to market sources citing the American Petroleum Institute, U.S. crude stocks increased by 3.04 million barrels and gasoline inventories rose 6.21 million last week. Saxo Bank’s Ole Hansen noted “there is a deflation of risk premium,” and Haitong Futures analyst Yang An pointed to “high crude inventories limiting further gains.”
22 January 2026
Crude oil prices slip today: Brent and WTI ease as traders brace for U.S. inventory data

Crude oil prices slip today: Brent and WTI ease as traders brace for U.S. inventory data

London, January 22, 2026, 11:47 AM — Regular session Crude oil prices slipped on Thursday following two days of gains as traders pared back bets on geopolitical tensions involving Greenland and Iran. Brent futures dropped 61 cents, or 0.9%, to $64.63 a barrel by 0954 GMT. Meanwhile, U.S. West Texas Intermediate for March slid 54 cents, also 0.9%, settling at $60.08. Ole Hansen, chief commodity analyst at Saxo Bank, described the move as a “deflation of risk premium.” Tony Sycamore at IG added that oil “should hold at around $60 a barrel.”
22 January 2026
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Oil prices today: Brent and WTI slide as Trump cools Greenland, Iran talk; inventories back in focus

Oil prices today: Brent and WTI slide as Trump cools Greenland, Iran talk; inventories back in focus

London, January 22, 2026, 11:41 GMT — Regular session Oil prices gave back two days of gains on Thursday, slipping as traders eased concerns over geopolitical risks. By 0954 GMT, Brent crude dropped 61 cents, or 0.9%, to $64.63 a barrel. Meanwhile, U.S. West Texas Intermediate crude for March slid 54 cents, also down 0.9%, to $60.08. Ole Hansen, chief commodity analyst at Saxo Bank, described the move as a “deflation of risk premium” amid cooling headlines from Greenland and Iran.
22 January 2026
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National Grid’s North Wales grid upgrade clears a planning hurdle — what the Pentir–Trawsfynydd plans include

National Grid’s North Wales grid upgrade clears a planning hurdle — what the Pentir–Trawsfynydd plans include

National Grid said four planning applications for an electricity network upgrade in north Wales have been validated by local authorities, moving its Pentir to Trawsfynydd project into formal review. The company expects decisions early this year and, if approved, construction would start in summer 2026, with full operation scheduled for 2030. https://www.nationalgrid.com/national-grid-submits-planning-applications-vital-electricity-network-upgrade-north-wales-connect The step matters because grid bottlenecks are starting to bite harder. National Grid said the works would ease pressure on the existing network, support Wales’ clean power and energy security goals and reduce “constraint costs” — extra charges that build up when the grid cannot move electricity to where it is needed.
22 January 2026
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HMRC’s Tax Fine Shake-Up: Penalty Points Loom as Making Tax Digital Hits Landlords

HMRC’s Tax Fine Shake-Up: Penalty Points Loom as Making Tax Digital Hits Landlords

HMRC plans to scrap automatic late-filing fines in favor of a penalty-points system for those enrolled in its Making Tax Digital programme. Landlords, however, say they’re unprepared and are lobbying for softer penalties at the start.https://www.telegraph.co.uk/money/tax/news/hmrc-to-replace-fines-with-penalty-point-system/ The deadline for the 2024/25 self-assessment tax year is 11:59 p.m. on Jan. 31. Taxpayers must pay any owed tax by that point as well. Missing this cutoff will lead to penalties under the current rules.https://www.gov.uk/self-assessment-tax-returns/deadlines
22 January 2026
Mortgage rates today: 30-year fixed holds near 6.1% as refi demand jumps, markets await inflation data

Mortgage rates today: 30-year fixed holds near 6.1% as refi demand jumps, markets await inflation data

NEW YORK, Jan 22, 2026, 06:35 AM EST — Premarket Mortgage rates today held near the 6% mark early Thursday. Bankrate’s national average 30-year fixed rate was 6.13%, and the annual percentage rate, which includes fees, was 6.21% in its 6:30 a.m. reading. The average 30-year refinance rate was 6.50%, while the 15-year fixed APR was 5.66%.
22 January 2026
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Stock Market Today

  • Rolls-Royce Executives Buy Shares in Monthly Plans; CFO and Directors Take Part
    July 8, 2026, 12:00 PM EDT. Rolls-Royce Holdings plc said July 7, 2026, that CFO Helen McCabe along with non-executive directors Birgit Behrendt and Wendy Mars bought ordinary shares in the company through their ongoing monthly share purchase plans. Behrendt took 74 shares at £14.83 and Mars 123 shares at the same price. The trades were on the London Stock Exchange's Main Market as part of scheduled plans. The company highlighted these latest insider purchases by senior leaders. Investors and analysts keep an eye on moves like this.
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