Today: 20 June 2026

DroneShield stock cools after JPMorgan drops below 5% stake — what ASX:DRO investors watch next

DroneShield stock cools after JPMorgan drops below 5% stake — what ASX:DRO investors watch next

DroneShield shares fell 0.77% to A$3.89 Wednesday after surging 18.43% the previous session, with trading volume dropping by nearly half. A filing showed JPMorgan Chase & Co. and affiliates dropped below the 5% substantial holder threshold on Jan. 2. The company extended its partnership with the Australian Defence Force Drone Racing Team and promoted Louis Gamarra to chief commercial officer.
South32 stock rises on the ASX as copper hits record highs — what investors watch next

South32 stock rises on the ASX as copper hits record highs — what investors watch next

South32 shares closed up 1.6% at A$3.84 in Sydney, trading A$86.6 million in value. The move followed copper prices hitting $13,000 a ton in London, with analysts warning of a global deficit. South32 disclosed new and lapsed employee share rights in a routine filing. The company plans to idle its Mozal aluminium smelter in Mozambique by March, citing a failed power deal and a $60 million cost.
ANZ share price slides as sticky core inflation keeps RBA rate path in focus

ANZ share price slides as sticky core inflation keeps RBA rate path in focus

ANZ Group Holdings fell 1.5% to A$35.43, closing at its session low and underperforming the S&P/ASX 200, which rose 0.28%. The move followed flat November inflation data, keeping rate hike bets in play. Australia’s other major banks also closed lower. Interest-rate futures now price about a one-in-three chance of a Reserve Bank hike in February.
Fortescue stock pulls back from near 52-week high as iron ore rallies — what investors watch next

Fortescue stock pulls back from near 52-week high as iron ore rallies — what investors watch next

Fortescue Ltd shares slipped 0.18% to A$22.80 at Wednesday’s close, retreating from near a 52-week high as iron ore futures hit a five-month peak on strong Chinese steel demand. Australia’s CPI eased to 3.4% in November, tempering rate-hike bets. Investors await Fortescue’s December-quarter production report on Jan 22. The Reserve Bank of Australia next meets Feb. 2–3.
7 January 2026
Lynas Rare Earths stock jumps 14.5% as China-Japan export curb puts rare earth supply in focus

Lynas Rare Earths stock jumps 14.5% as China-Japan export curb puts rare earth supply in focus

Lynas Rare Earths shares surged 14.5% to A$15.06 after China imposed immediate export bans on “dual-use” items to Japan, raising concerns over rare earth supply. Japan’s government called the move “absolutely unacceptable” but said the scope was unclear. The S&P/ASX 200 closed up 0.15%. G7 finance ministers will meet Jan. 12 to discuss rare earth supply chains.
7 January 2026
Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

Stock Market Today 07.01.2026

Sensex and Nifty opened lower on January 8, 2026, tracking declines in major global markets. Foreign portfolio investors pulled ₹16,848 crore from 15 sectors in late December, with FMCG and Financial Services seeing the largest outflows. IT sector recorded inflows. GIFT Nifty and Asian shares also pointed to a weak start.
7 January 2026
Coca-Cola stock slips after Atlanta layoffs notice; what investors watch next for KO

Coca-Cola stock slips after Atlanta layoffs notice; what investors watch next for KO

Coca-Cola plans to cut about 75 corporate jobs in Atlanta starting Feb. 28 as part of a 2026 restructuring, according to a Georgia notice. Shares closed down 0.15% at $67.84, underperforming the S&P 500. The company said the Atlanta facility will remain open and the layoffs may occur in phases. COO Henrique Braun is set to succeed CEO James Quincey on March 31.
7 January 2026
Microchip stock leaps on upbeat sales update as traders eye Feb. 5 results

Microchip stock leaps on upbeat sales update as traders eye Feb. 5 results

Microchip Technology shares surged 11.6% to $74.87 after the company raised its fiscal third-quarter sales outlook to $1.185 billion, above previous guidance. CEO Steve Sanghi cited strong bookings and a broad-based recovery. The update boosted shares of Texas Instruments and NXP Semiconductors. Investors await Microchip’s full results and March-quarter guidance on Feb. 5.

Stock Market Today

  • Fed Chair Kevin Warsh Cuts Forward Guidance, Sparking Market Volatility and Higher Rates
    June 20, 2026, 10:27 AM EDT. New Federal Reserve Chair Kevin Warsh is reducing the Fed's communication, notably cutting "forward guidance" that markets use to anticipate interest-rate moves. This shift could increase stock and bond market volatility, while pushing borrowing costs higher for consumers and businesses. The Fed's statement length was halved, removing clues about future monetary policy. Treasury yields jumped after the announcement, with the 10-year yield rising to 4.49%, influencing mortgage rates. Analysts warn this could lead to more unstable markets and modestly higher mortgage costs, potentially by a quarter-point. Warsh's approach echoes former Fed Chair Alan Greenspan's more reserved communication style, aiming to reduce market dependence on Fed signals.

Latest articles

Merrill Fined Again by FINRA as Bank of America Expands in Louisiana

Merrill Fined Again by FINRA as Bank of America Expands in Louisiana

20 June 2026
Merrill Lynch, a Bank of America unit, was fined $175,000 by FINRA for municipal-bond disclosure failures just days after a $225,000 censure over missed call-center complaints, as Bank of America prepares to open its first Baton Rouge branch; the fines are small but highlight operational risks as the bank expands retail and digital services in Louisiana. Bank of America shares last traded at $56.20.
Dispute over ASML China EUV orders puts U.S. export rules to the test

Dispute over ASML China EUV orders puts U.S. export rules to the test

20 June 2026
ASML shares fell up to 2.7% after reports that U.S. officials suspect one of its advanced EUV chipmaking machines may have reached China, despite ASML’s denial; the uncertainty highlights political risks that could threaten up to 20% of ASML’s 2026 revenue if broader export controls are imposed.
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