Today: 7 February 2026
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Economic News News 3 February 2026 - 7 February 2026

Corning stock hits first record close since 2000 as jobs, CPI data loom

Corning stock hits first record close since 2000 as jobs, CPI data loom

Corning shares surged 8.3% to $122.16 Friday, their highest close since the dot-com era, after Meta agreed to buy up to $6 billion in fiber-optic cables. The stock is up 40% since late 2025, fueled by strong first-quarter guidance and AI data-center demand. Insiders sold shares following the rally, SEC filings show. Investors await next week’s U.S. jobs and inflation data for rate signals.
7 February 2026
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Procter & Gamble stock price holds near $159 as defensive rotation builds ahead of jobs, CPI

Procter & Gamble stock price holds near $159 as defensive rotation builds ahead of jobs, CPI

Procter & Gamble shares closed up 0.4% at $159.17 Friday, extending a seven-day winning streak as consumer staples hit a record high. Investors shifted from tech to defensive stocks ahead of next week’s U.S. jobs and inflation data. The Dow topped 50,000 and the S&P 500 surged. P&G’s next dividend is payable Feb. 17.
7 February 2026
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Dow Jones breaks 50,000 for first time as Nvidia rebounds; Wall Street turns to delayed jobs report

Dow Jones breaks 50,000 for first time as Nvidia rebounds; Wall Street turns to delayed jobs report

The Dow Jones Industrial Average closed above 50,000 for the first time Friday, ending at 50,115.67, up 2.47%. Nvidia surged 7.8% as chip stocks rallied on AI spending hopes, while Amazon dropped 5.6% after projecting $200 billion in 2026 capital expenditures. Traders await delayed U.S. jobs and inflation reports next week.
6 February 2026
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Gold price rebounds nearly 4% after selloff as CME margin hike and Iran talks jolt bullion

Gold price rebounds nearly 4% after selloff as CME margin hike and Iran talks jolt bullion

Spot gold jumped 3.9% to $4,954.92 an ounce Friday, rebounding after Thursday’s sharp drop. A weaker dollar and renewed focus on U.S.-Iran nuclear talks steadied trade. CME Group raised margin requirements on gold futures for the third time in two weeks. U.S. jobs data was delayed to next Wednesday due to a recent government shutdown.
6 February 2026
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JPMorgan stock drops nearly 3% as tech rout and softer jobs data rattle Wall Street

JPMorgan stock drops nearly 3% as tech rout and softer jobs data rattle Wall Street

JPMorgan Chase shares fell 2.9% to $308.13 by midday Thursday, outpacing declines at other major U.S. banks. The drop followed weaker labor data, a surge in layoff announcements, and a broader market selloff led by losses in Big Tech. Initial jobless claims rose to 231,000, while job openings hit their lowest since September 2020. Investors await the delayed U.S. payrolls report and inflation data next week.
5 February 2026
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Heating oil price falls 1.3% before U.S.-Iran talks, even as distillate stocks tighten

Heating oil price falls 1.3% before U.S.-Iran talks, even as distillate stocks tighten

March heating oil futures fell 1.3% to $2.4380 a gallon in early New York trading, tracking a drop in crude prices after the U.S. and Iran agreed to hold talks in Oman on Friday. U.S. distillate inventories dropped by 5.6 million barrels last week, now 2% below the five-year average, according to EIA data. Traders are watching the Oman meeting and next week’s U.S. inventory report for further direction.
5 February 2026
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Mortgage rates today: 30-year fixed ticks up as bond market digests strong factory data

Mortgage rates today: 30-year fixed ticks up as bond market digests strong factory data

U.S. 30-year fixed mortgage rates edged up to 6.092% early Wednesday, according to Optimal Blue, while Mortgage News Daily reported a rise to 6.20%, near a two-week high. Treasury yields held steady after a sharp jump in U.S. manufacturing activity, with the 10-year yield near 4.28%. Housing stocks rose premarket, led by Lennar and D.R. Horton. Investors watched for new mortgage demand data.
4 February 2026
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Dow Jones today: DJIA ticks up on earnings rush as shutdown vote hangs over Wall Street

Dow Jones today: DJIA ticks up on earnings rush as shutdown vote hangs over Wall Street

The Dow rose 0.32% to 49,564.69 in early Tuesday trading, while the S&P 500 and Nasdaq slipped. Palantir jumped on earnings, but PayPal fell after a weak profit outlook. The House prepared for a tight shutdown vote, delaying key economic data releases. Oil prices rebounded, with Brent at $66.75 a barrel.
3 February 2026
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Dow Jones futures barely budge after 515-point pop as shutdown vote, data delays cloud Wall Street

Dow Jones futures barely budge after 515-point pop as shutdown vote, data delays cloud Wall Street

Dow futures slipped 9 points premarket Tuesday, while S&P 500 and Nasdaq 100 futures rose. The Dow jumped 515 points Monday, led by chip stocks and small caps. The House plans a vote on a stopgap bill to end the partial U.S. government shutdown, which has already delayed the January jobs report. Palantir reported Q4 revenue of $1.407 billion and issued a 2026 forecast above $7.18 billion.
3 February 2026
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Stock Market Today

GSK share price set for Monday watch after EU clears Nucala COPD use

GSK share price set for Monday watch after EU clears Nucala COPD use

7 February 2026
GSK shares closed Friday up 0.83% at a 52-week high after the EU approved Nucala for certain uncontrolled COPD patients. Insider filings showed chairman Jonathan Symonds bought 2,500 shares while executive David Redfern sold 100,000. The FTSE 100 rose 0.6%. Broker ratings on GSK remained mixed.
Aye Finance IPO: Rs 454-crore anchor haul follows valuation cut below last round

Aye Finance IPO: Rs 454-crore anchor haul follows valuation cut below last round

7 February 2026
Aye Finance raised Rs 454.5 crore from 19 anchor investors ahead of its Feb 9 IPO, pricing shares at the top of a Rs 122–129 range. The company’s profit fell 40% to Rs 64.3 crore in the six months to September as bad loans rose to 4.85%. The IPO values Aye at about Rs 3,200 crore, below its last private round. Major investors include Nippon Life India and Goldman Sachs funds.
BAT share price closes near 52-week high as buyback rolls on ahead of results week

BAT share price closes near 52-week high as buyback rolls on ahead of results week

7 February 2026
British American Tobacco shares closed up 1.2% at 4,609 pence Friday, near a 52-week high. The company disclosed further share buybacks and management share purchases ahead of its Feb. 12 full-year results. BAT bought 121,668 shares for cancellation on Feb. 5. Investors await updates on nicotine alternatives and cash returns.
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