Today: 9 April 2026
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ASX:FMG.AX 7 January 2026 - 3 March 2026

Fortescue share price sinks 4.5% as iron ore turns choppy and China’s policy week looms

Fortescue share price sinks 4.5% as iron ore turns choppy and China’s policy week looms

Fortescue shares fell 4.49% to A$19.58 at Tuesday’s close, underperforming BHP and Rio Tinto. Iron ore prices slipped, with the Singapore benchmark down 0.41% to $98.85 a tonne. Investors are watching China’s factory PMI due March 4 and Beijing’s policy targets set for March 5. Shipping disruptions near the Strait of Hormuz and weak Chinese steel demand weighed on sentiment.
3 March 2026
Fortescue stock: Australia Day pause leaves FMG investors watching China iron ore talks

Fortescue stock: Australia Day pause leaves FMG investors watching China iron ore talks

Fortescue shares closed at A$21.51 Friday and will resume trading Tuesday after the Australia Day holiday. The stock is down 5.7% for the week, pressured by a cost update and ongoing contract tensions between major miners and China’s state buyer. Fortescue reported hematite C1 unit costs up 5% to $19.10 per tonne and held $4.7 billion in cash at December’s end. Half-year results are due Feb. 25.
Fortescue share price rises as FMG investors eye quarterly report and iron ore jitters

Fortescue share price rises as FMG investors eye quarterly report and iron ore jitters

Fortescue shares rose 1.7% to A$22.64, rebounding ahead of its December production report due Thursday. The ASX 200 slipped 0.4%, but materials gained 2.7% on miner strength. Iron ore futures fell after weak China property data, while a fatal blast at a Chinese steel plant raised supply concerns. BHP agreed to lower some iron ore prices in ongoing talks with China Mineral Resources Group.
Fortescue share price rises as FMG kicks off Pilbara wind farm build, eyes Jan 22 output report

Fortescue share price rises as FMG kicks off Pilbara wind farm build, eyes Jan 22 output report

Fortescue shares closed up 0.3% at A$22.82 after the company began construction of its first wind project in Western Australia’s Pilbara. The 133-megawatt Nullagine Wind Project will use 17 turbines to help electrify mining operations. Investors await Fortescue’s December quarter production report, due January 22. China’s record iron ore imports and rising global supply continue to influence prices.
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

Stock Market Today

  • Daktronics Rings Nasdaq Bell, Showcases Growth in LED Sports Displays
    April 9, 2026, 4:52 PM EDT. Daktronics, a video communication display maker, celebrated its Nasdaq closing bell appearance under new CEO Ramesh Jayaraman as it accelerates growth. Highlighting strong momentum in professional sports, Daktronics completed projects with a third of MLB teams, including major installations at Seattle Mariners' T-Mobile Park and Arizona Diamondbacks' Chase Field. These large-scale LED displays, offering industry-leading image quality and fan engagement, underscore the company's dominance. Upgrades at iconic venues like Wrigley Field and Yankee Stadium blend modern tech with classic ballpark character. Daktronics' strategic moves ahead of investor day signal confidence in expanding its digital footprint and revenue opportunities.

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Plug Power Stock Climbs After 2026 Profit Push, Up to $200M Cost-Cut Plan

Plug Power Stock Climbs After 2026 Profit Push, Up to $200M Cost-Cut Plan

9 April 2026
Plug Power shares rose 2.5% to $2.715 Thursday after the company reaffirmed its target of positive EBITDAS by end-2026 and projected up to $200 million in savings from Project Quantum Leap. The update followed a major electrolyzer project win in Quebec and investor meetings in Toronto and Montreal. Plug reported 2025 revenue of $710 million and a fourth-quarter gross profit of $5.5 million.
Oil Prices Today: Brent, WTI Rebound as Fragile Iran Ceasefire Leaves Hormuz Choked

Oil Prices Today: Brent, WTI Rebound as Fragile Iran Ceasefire Leaves Hormuz Choked

9 April 2026
Oil prices rebounded Thursday as traffic through the Strait of Hormuz stayed below 10% of normal, with just seven ships passing in 24 hours. Brent crude rose 1% to $95.65 a barrel, while U.S. WTI climbed 3.2% to $97.39. North Sea Forties crude hit a record $146.43. Major shippers and banks warned supply disruptions could persist for weeks despite the U.S.-Iran ceasefire.
Natural Gas Price Today: Europe’s TTF Holds Near €44 as EU Says Supply Is Safe for Now

Natural Gas Price Today: Europe’s TTF Holds Near €44 as EU Says Supply Is Safe for Now

9 April 2026
European natural gas prices hovered near 44 euros per megawatt hour Thursday after a 15% drop in the Dutch TTF benchmark. Brussels reported no immediate supply risk from the Iran crisis, but ship traffic through the Strait of Hormuz remained below 10% of normal. QatarEnergy restarted some LNG production, though full recovery depends on shipping. Goldman Sachs cut its TTF price forecast, citing possible volatility if disruptions persist.
Mortgage Rates Today: 30-Year Fixed Falls to 6.37% After Five-Week Climb (Freddie Mac)

Mortgage Rates Today: 30-Year Fixed Falls to 6.37% After Five-Week Climb (Freddie Mac)

9 April 2026
The average 30-year fixed mortgage rate fell to 6.37% from 6.46%, Freddie Mac said Thursday. Purchase mortgage applications rose 1% last week but remained 7% lower than a year ago, according to the Mortgage Bankers Association. Refinance activity dropped 3%. Mortgage News Daily’s index showed the 30-year fixed at 6.38%, with the 10-year Treasury near 4.27%.
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