Today: 2 May 2026

Tesco shares rise on Christmas grocery data as Jan 8 trading update looms

Tesco shares rise on Christmas grocery data as Jan 8 trading update looms

Tesco shares rose 1.7% in early London trading after industry data showed its UK market share hit 28.7%, the highest since March 2015. Grocery inflation eased to 4.3%, while UK grocery sales climbed 3.8% to £13.8 billion in December. Tesco bought 454,043 shares on Jan. 5 under its £1.45 billion buyback program. Investors await Tesco’s Q3 and Christmas update on Jan. 8.
6 January 2026
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Before TSX opens: Venezuela shock keeps gold near record, puts Canada energy shares in focus

Before TSX opens: Venezuela shock keeps gold near record, puts Canada energy shares in focus

The S&P/TSX Composite closed at a record 32,219.95 on Monday, up 1.1%, as miners and banks rose but energy stocks fell 3.6% on concerns over U.S. access to Venezuelan oil. The Canadian dollar weakened to 1.3755 per U.S. dollar. Gold hovered near record highs, while oil prices slipped in Asia after Monday’s gains. Canadian bond yields eased, with the 10-year at 3.424%.
6 January 2026
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Brazil stock market today: Oil shock, Ibovespa reshuffle and a CEO switch to watch before the B3 bell

Brazil stock market today: Oil shock, Ibovespa reshuffle and a CEO switch to watch before the B3 bell

The Ibovespa closed up 0.83% at 161,869.76 on Monday, led by gains in Vale and banks, while Petrobras fell despite a jump in oil prices after U.S. moves on Venezuela. Trading volume reached R$24.9 billion. The dollar slipped to near R$5.40. Investors are watching the new Ibovespa portfolio and executive changes at GPA and IMC ahead of Brazil’s inflation data on Jan. 9.
6 January 2026
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US stock market today: Futures slip as Venezuela oil talks and CES chip launches set the tone

US stock market today: Futures slip as Venezuela oil talks and CES chip launches set the tone

U.S. stock index futures edged lower early Tuesday after Washington moved to involve oil majors in Venezuela, raising questions over energy supply. Dow futures dropped 0.16%, S&P 500 futures slipped 0.08%. Wall Street closed at record highs Monday, led by energy and banks. The ISM manufacturing index fell to 47.9 in December, its lowest since October 2024.
6 January 2026
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Mexico Stock Market Opens Today: IPC eyes 65,000 as Venezuela shock and INEGI data set the tone

Mexico Stock Market Opens Today: IPC eyes 65,000 as Venezuela shock and INEGI data set the tone

Mexican stocks face pressure after U.S. President Donald Trump threatened military action in Mexico and announced plans to put Venezuela under “temporary American control” following Maduro’s capture. The peso slipped 0.16% to 17.92 per dollar late Monday. The S&P/BMV IPC rose 1.4% to just above 65,000, with Grupo Mexico hitting all-time highs. Brent crude eased to $61.59 a barrel; copper reached a record.
6 January 2026
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SSE shares edge up in London after SSEN flags January flexibility auction

SSE shares edge up in London after SSEN flags January flexibility auction

SSE Plc shares rose 0.7% to 2,271 pence in London by 1007 GMT, following news that its SSEN Distribution unit will launch a long-term flexibility auction on Jan. 12, seeking 46 megawatts. The stock traded between 2,249 and 2,277 pence. Investors are watching grid upgrades and regulatory developments as Britain’s electricity networks expand. SSE’s interim dividend is due Jan. 30.
6 January 2026
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Hang Seng jumps 1.4% as Hong Kong stock market tracks Wall Street rally, eyes US jobs report

Hang Seng jumps 1.4% as Hong Kong stock market tracks Wall Street rally, eyes US jobs report

The Hang Seng Index closed up 1.38% at 26,710.45 on Tuesday, led by gains in financial and property stocks. China Hongqiao rose 6.14% and Ping An climbed 5.79%. Tencent repurchased over 1 million shares for HK$635.6 million. Investors are awaiting Friday’s U.S. jobs report for signals on Federal Reserve rate policy.
6 January 2026
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Stock Market Today

  • Nifty Charts Signal Consolidation; Analyst Sudeep Shah Shares Strategy on Stocks
    May 2, 2026, 2:18 PM EDT. Indian equities faced broad-based selling pressure as volatility surged, dragging the Nifty 50 down 0.74% to 23,997.55 and the Sensex 0.75% to 76,913.50. The India VIX, a measure of market volatility, rose 5.86% to 18.46. Sudeep Shah of SBI Securities said the Nifty is consolidating within 23,798 and 24,335 due to factors like Brent crude price rises, US-Iran ceasefire uncertainties, and rupee weakness. Key levels include resistance near 24,350 and support around 23,750. Shah noted May's historical performance is mixed, contrasting April's 7% rally, suggesting caution amid expected volatility. His strategy includes focused watch on stock-specific moves in sectors like banking and autos amid mixed market signals.

Latest article

RTX Stock Watch: Patriot Missile Work Mounts as U.S. Fast-Tracks $8.6 Billion Arms Sales

RTX Stock Watch: Patriot Missile Work Mounts as U.S. Fast-Tracks $8.6 Billion Arms Sales

2 May 2026
RTX Corporation was named a principal contractor in two U.S.-approved Middle East arms deals, part of over $8.6 billion in sales to Qatar, Kuwait, Israel, and the UAE. Raytheon RTX also received a $441.6 million Army contract modification for Patriot GEM-T missiles and an $833 million Navy contract for SeaSparrow missiles. RTX raised its sales outlook and dividend, but faces tariff costs and uncertain contract timing. RTX shares closed Friday at $173.99.
Lumen Technologies (LUMN) Stock Faces May 5 Earnings Test as AI Network Bet Meets Loss Forecast

Lumen Technologies (LUMN) Stock Faces May 5 Earnings Test as AI Network Bet Meets Loss Forecast

2 May 2026
Lumen Technologies is expected to report a first-quarter loss of 14 cents per share on May 5, with revenue projected at $2.84 billion, down 10.7% from a year ago. The quarter marks Lumen’s first results after selling its consumer fiber business to AT&T for $5.75 billion. Shares closed Friday at $9.32, up $0.475. The company will debut a new revenue reporting framework and discuss results at 5 p.m. ET.
McDonald’s Corporation Stock Slides Before Q1 Earnings as Value Menu Faces Wall Street Test

McDonald’s Corporation Stock Slides Before Q1 Earnings as Value Menu Faces Wall Street Test

2 May 2026
McDonald’s shares dropped 2.37% Friday, closing at $286.64 and extending losses to over 16% since early March ahead of its May 7 earnings report. Analysts expect first-quarter earnings per share of $2.75 on $6.48 billion revenue. The company will launch six specialty drinks nationwide May 6, following recent U.S. value menu promotions. Trading volume exceeded the 50-day average.
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