Today: 7 February 2026
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Economic Policy News 30 January 2026 - 6 February 2026

India-US trade deal gets March target as GST sleuths net suspects and an ITC meme captures market nerves

India-US trade deal gets March target as GST sleuths net suspects and an ITC meme captures market nerves

GST investigators arrested four men in a ₹250-crore areca nut tax evasion case, while Kanpur police detained seven suspects in a ₹7.03-crore fake-invoice scam. Trade Minister Piyush Goyal said India and the U.S. will sign a formal trade deal in March, aiming to cut U.S. tariffs on Indian exports from 50% to 18%. ITC shares remained flat despite optimism over the trade agreement.
6 February 2026
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Wesfarmers share price edges up after RBA rate hike as investors eye Feb 19 results

Wesfarmers share price edges up after RBA rate hike as investors eye Feb 19 results

The Reserve Bank of Australia raised its cash rate target by 25 basis points to 3.85% on Tuesday, citing persistent inflation. Wesfarmers shares closed up 0.55% at A$83.93 after trading between A$83.65 and A$85.09. Investors are now awaiting Wesfarmers’ half-year results on Feb. 19 for signals on retail demand and cost pressures.
3 February 2026
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Dow Jones today: 515-point jump as Wall Street braces for shutdown vote and Alphabet, Amazon earnings

Dow Jones today: 515-point jump as Wall Street braces for shutdown vote and Alphabet, Amazon earnings

The Dow closed up 1.05% at 49,407.66, led by chipmakers and small caps, while the S&P 500 ended just below its record. The January U.S. jobs report was postponed due to a partial government shutdown, with the House set to vote on a funding bill Tuesday. Oil prices fell sharply as Iran signaled talks with Washington. Factory data showed growth, but tariff concerns lingered.
2 February 2026
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Wells Fargo stock price jumps 2% as banks rebound; shutdown vote and Fed path back in focus

Wells Fargo stock price jumps 2% as banks rebound; shutdown vote and Fed path back in focus

Wells Fargo shares rose 2.1% to $92.36 Monday as U.S. manufacturing PMI jumped to 52.6 in January, signaling growth. The S&P 500 set a new high, driven by chipmakers and AI stocks. A partial government shutdown delayed key labor data, while traders watched Washington’s funding talks and the Fed’s March meeting for rate signals.
2 February 2026
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American Express stock price slips after earnings — dividend hike, Trump rate-cap risk and jobs report ahead

American Express stock price slips after earnings — dividend hike, Trump rate-cap risk and jobs report ahead

American Express shares fell 1.8% to $352.17 Friday after forecasting 2026 EPS of $17.30–$17.90 and announcing a dividend hike to 95 cents. Fourth-quarter billed business rose 9% to $445.1 billion, with revenue up 10% to $19 billion. Investors remain focused on Fed policy and the upcoming February 6 U.S. jobs report.
31 January 2026
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Costco stock ends at $940: Instacart’s Europe delivery launch and Fed pick set up next week

Costco stock ends at $940: Instacart’s Europe delivery launch and Fed pick set up next week

Costco shares fell 1.3% to $940.25 Friday, with about 2.4 million shares traded. The drop followed news that Donald Trump picked Kevin Warsh to replace Jerome Powell as Fed chair. Costco and Instacart launched same-day delivery websites in France and Spain. The company’s next quarterly dividend of $1.30 will be paid Feb. 13 to shareholders of record as of Jan. 30.
31 January 2026
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Lynas Rare Earths share price sinks as U.S. steps back from critical-minerals price floors

Lynas Rare Earths share price sinks as U.S. steps back from critical-minerals price floors

Lynas Rare Earths shares fell 4.5% to A$14.90 Friday, extending an 8% two-day slide after the U.S. signaled it may not support price guarantees for critical minerals. Australia’s government reaffirmed its A$1.2 billion strategic reserve plan but is still weighing price floor mechanisms. Lynas reported quarterly sales of A$201.9 million and output of 2,382 tonnes, citing power outages and maintenance. Markets await further policy signals next week.
31 January 2026
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Goldman Sachs (GS) stock slips on Warsh Fed pick and shutdown jitters — what to know before Monday

Goldman Sachs (GS) stock slips on Warsh Fed pick and shutdown jitters — what to know before Monday

Goldman Sachs closed down 0.5% at $935.41 after a volatile session Friday, with shares trading between $923.17 and $947.00 on 1.8 million volume. Donald Trump nominated Kevin Warsh as Fed chair, seen as a hawkish pick. A partial U.S. government shutdown loomed as the Senate passed a spending bill but the House remained out until Monday. U.S. stocks broadly slipped amid inflation and shutdown concerns.
31 January 2026
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Citigroup stock edges up as Trump taps Warsh for Fed, inflation data tests rate bets

Citigroup stock edges up as Trump taps Warsh for Fed, inflation data tests rate bets

Citigroup shares rose 0.4% to $115.65 Friday, outperforming a broader U.S. stock decline as investors eyed a midnight federal funding deadline and awaited next week’s jobs report. The move followed Donald Trump’s nomination of Kevin Warsh for Fed chair and a surprise jump in producer prices. Most major bank stocks were little changed. The Fed left rates steady this week at 3.50%-3.75%.
30 January 2026
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American Airlines stock price today: AAL steadies on Venezuela flight restart plan as shutdown risk looms

American Airlines stock price today: AAL steadies on Venezuela flight restart plan as shutdown risk looms

American Airlines shares rose 0.1% after announcing plans to resume daily flights to Venezuela, pending U.S. approvals. The Transportation Department lifted its flight ban, but a “Do Not Travel” advisory remains. Airlines warned a partial U.S. government shutdown could disrupt flights as early as Saturday. Delta, United, and JetBlue shares fell, while Southwest gained.
30 January 2026
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Stock Market Today

Corning stock price hits record close — what’s driving GLW and the next big test

Corning stock price hits record close — what’s driving GLW and the next big test

7 February 2026
Corning shares jumped 8.3% to a record $122.16 Friday, gaining 11% over two sessions amid strong demand for AI infrastructure stocks. The move follows a $6 billion optical fiber deal with Meta and upgraded company forecasts. Shares traded as high as $122.56 and rose 0.6% after hours. COO Avery Nelson sold 1,894 shares for tax withholding, retaining 66,050.
PepsiCo stock: €2.5 billion bond deal lands as investors size up the price-cut gamble

PepsiCo stock: €2.5 billion bond deal lands as investors size up the price-cut gamble

7 February 2026
PepsiCo priced €2.5 billion in euro notes across four maturities, with settlement set for Feb. 11, according to an SEC filing. The company plans to use proceeds for general corporate purposes, including repaying commercial paper. Shares closed at $170.49 Friday, up 1.8%. PepsiCo is also cutting U.S. snack prices by up to 15% after consumer pushback.
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