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Investing News 6 January 2026

Macquarie shares buck weak ASX as investors eye Qube deadline and May results

Macquarie shares buck weak ASX as investors eye Qube deadline and May results

Sydney, January 6, 2026, 17:18 (AEDT) — Market closed. Macquarie Group shares ended Tuesday up 1.68% at A$206.76, outperforming a broader market that finished lower. Investing.com Australia The gain mattered because it came as the benchmark S&P/ASX 200 slipped 0.52%, underscoring selective buying in the financials-heavy tape after the holiday lull. Investing.com Australia With no fresh company filing in the past two days, traders pointed to positioning and catalyst-watching rather than headline-driven flow, as investors return to desks and reset risk into January. Macquarie remains a bellwether for sentiment toward investment banks and asset managers in Australia, with earnings still
BlueScope Steel stock jumps 21% on A$30 takeover bid — the next catalyst investors are watching

BlueScope Steel stock jumps 21% on A$30 takeover bid — the next catalyst investors are watching

SYDNEY, Jan 6, 2026, 16:58 AEDT — Market closed BlueScope Steel Limited (ASX:BSL) shares closed up 20.57% at A$29.48 on Tuesday after Australian conglomerate SGH and U.S. steelmaker Steel Dynamics confirmed an approach to buy the company for A$30 a share in cash. Investing.com+1 The move pulled the stock to within about 1.7% of the indicative price, leaving traders to price the risk that talks fail — and the chance the bidders lift their offer. The last close before the rally was A$24.45. Investing.com+1 The timing matters because BlueScope has been arguing its cash flow and earnings power are set
PLS Group stock jumps near a 52-week high as lithium prices spike — what investors watch next

PLS Group stock jumps near a 52-week high as lithium prices spike — what investors watch next

SYDNEY, Jan 6, 2026, 16:59 AEDT — Market closed PLS Group Limited shares jumped 9.5% on Tuesday to A$4.84, closing near a 52-week high as lithium-linked stocks held their ground while the broader market slipped. The S&P/ASX 200 ended down 0.5%, but materials gained 1.5%, an ABC market wrap showed. Intelligent Investor+1 The move matters because lithium markets have become a live macro trade again after a long oversupply-driven slump, and investors are quick to reprice miners on any sign of tightening fundamentals. Reuters reported demand growth from grid-scale battery storage — large batteries used to store power for the
BHP stock closes near a 52-week high as copper tops $13,000 — what investors watch next

BHP stock closes near a 52-week high as copper tops $13,000 — what investors watch next

New York, Jan 6, 2026, 01:06 EST — Market closed BHP Group Ltd’s U.S.-listed shares ended Monday near the top of their 52-week range as copper prices hit fresh records. The stock closed up about 2.2% at $63.14 after trading as high as $63.51, according to Investing.com. That matters now because copper has turned into the market’s live barometer for electrification and the data-centre buildout. For diversified miners like BHP, a sustained move in copper can shift the conversation quickly from volumes to cash generation. The timing also puts focus on the next company checkpoints. BHP’s operational review for the
Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

Stock Market Today 06.01.2026

LIVEMarkets rolling coverageStarted: January 6, 2026, 12:00 AM ESTUpdated: January 6, 2026, 11:59 PM EST ASX mining rally prompts fund managers to reveal top picks January 6, 2026, 11:49 PM EST. Money managers expect another bumper year for the ASX mining sector, naming their most bullish bets. After years of sluggish returns, the sector roared back in 2025 as investors chased gains in precious metals, battery materials and critical minerals. A rally in copper and iron ore staying above $US100/tonne supported the rebound, while demand for energy storage boosted lithium. Fund managers say their top picks span copper, gold, lithium
NuScale Power stock jumps 15% on nuclear policy buzz — what traders watch before Tuesday’s open

NuScale Power stock jumps 15% on nuclear policy buzz — what traders watch before Tuesday’s open

New York, Jan 5, 2026, 21:41 EST — Market closed NuScale Power Corp shares jumped on Monday, with the small modular reactor developer closing up about 15% at $18.78. The move capped a second straight session of double-digit gains for the stock. Nasdaq The rally matters because NuScale and its peers live and die on regulation and capital. Any hint that Washington wants faster licensing — the process regulators use to clear a reactor design and approve a plant site — can reset sentiment quickly in a sector that remains years from broad commercial deployment. Congress.gov Traders pointed to a
Thermo Fisher stock closes at a 52-week high after Evercore target raise — what to watch next for TMO

Thermo Fisher stock closes at a 52-week high after Evercore target raise — what to watch next for TMO

New York, Jan 5, 2026, 21:32 EST — Market closed Thermo Fisher Scientific Inc shares rose 3.2% to close at $611.20 on Monday, after trading between $590 and $611.60 and hitting a fresh 52-week high. Evercore ISI lifted its price target — an analyst estimate for where a stock could trade — to $650 from $610 and kept an “Outperform” rating, meaning it expects the shares to beat the broader market. Marketscreener data showed a consensus “Buy” rating and an average target price of $641.57. marketwatch.com+2Moomoo+2 The rally comes as investors position ahead of late-January earnings and look for clarity
Freeport-McMoRan stock jumps near 52-week high as copper hits record — what to watch next

Freeport-McMoRan stock jumps near 52-week high as copper hits record — what to watch next

New York, January 5, 2026, 21:34 EST — Market closed Freeport-McMoRan shares ended Monday up 4.8% at $54.41, after U.S. copper prices set their first record since a summer tariff-driven spike. Wall Street Journal The move matters because Freeport’s earnings power is heavily tied to copper, a metal used in power grids, electric vehicles and data centers. When copper rises, miners’ realized prices typically improve faster than many costs, lifting margins. Copper prices vaulted to records above $13,000 a metric ton on Monday as investors weighed supply tightness and a new layer of geopolitical and trade uncertainty, Reuters reported. “Copper
Nu Holdings stock jumps 5% to near $18 — what’s driving NU and what investors watch next

Nu Holdings stock jumps 5% to near $18 — what’s driving NU and what investors watch next

New York, Jan 5, 2026, 21:21 EST — Market closed Nu Holdings Ltd (NU.N), the parent of Brazilian digital lender Nubank, gained 5.4% on Monday to about $17.94 after trading between $17.02 and $18.14. Volume topped 74 million shares. The move matters now because NU is pushing into the $18 handle just as investors start to price in the first wave of quarterly results and recalibrate risk after a strong 2025 run for equities. It also leaves the stock closer to where many analysts peg fair value, raising the bar for the next catalyst to keep the rally intact. Financial
AbbVie stock slides 4% as pharma lags Wall Street rally — what investors watch next for ABBV

AbbVie stock slides 4% as pharma lags Wall Street rally — what investors watch next for ABBV

New York, Jan 5, 2026, 21:27 EST — Market closed AbbVie Inc shares closed down 4% on Monday at $220.18, lagging a Wall Street rally that pushed the Dow to a record high. The move mattered because drug and biotech names were among the day’s laggards as investors rotated into energy and financials after Venezuela headlines lifted oil-linked stocks. The NYSE Arca Pharmaceutical Index fell about 1.4% and the SPDR S&P Biotech ETF slid 1.1%, while the Health Care Select Sector SPDR ETF dipped 0.3%. Yahoo Finance AbbVie also put a near-term spotlight on its calendar, saying it will present
P&G stock slides again after Wells Fargo cuts target — what investors watch next

P&G stock slides again after Wells Fargo cuts target — what investors watch next

NEW YORK, January 5, 2026, 21:15 EST — Market closed Procter & Gamble (PG.N) shares ended down about 1% on Monday at $140.37 after Wells Fargo cut its price target to $158 from $170 and kept an Overweight rating on the stock. TipRanks The move marked P&G’s fifth straight daily decline and left the stock about 22% below its 52-week high. Trading volume was about 12.1 million shares, above its 50-day average of 9.6 million. marketwatch.com The slide came on a strong day for the broader market, with the S&P 500 up 0.64% and the Dow up 1.23%. P&G also
GE Aerospace stock hits a fresh high — what investors are watching before earnings

GE Aerospace stock hits a fresh high — what investors are watching before earnings

New York, January 5, 2026, 21:05 EST — Market closed GE Aerospace (NYSE: GE) shares closed up 1.1% at $324.32 on Monday, setting a new 52-week high after two straight gains. Volume ran above its 50-day average, even as the move trailed bigger gains in Honeywell. The record close matters because GE has become a crowded proxy for the commercial aviation upcycle, where engine makers collect much of their profit after the sale. The “aftermarket” is the parts-and-maintenance business tied to engines already flying, and it tends to be steadier than new-aircraft production. That durability will be tested soon. GE
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Stock Market Today

Rio Tinto stock jumps as Glencore mega-merger is shelved; what to watch next week

Rio Tinto stock jumps as Glencore mega-merger is shelved; what to watch next week

7 February 2026
Rio Tinto’s U.S. shares closed up 2.5% at $93.37 Friday after the company ruled out a merger with Glencore, triggering a six-month “no-bid” lockout under UK takeover rules. Both companies cited disagreements over valuation. Attention now turns to Rio’s Feb. 19 results and iron ore prices, which fell below $100 a tonne amid weak Chinese demand.
iFAST share price drops 3% as markets shut; earnings next week in focus

iFAST share price drops 3% as markets shut; earnings next week in focus

7 February 2026
iFAST shares fell 3.2% to S$9.64 in heavy trading Friday, closing near the day’s low as investors awaited FY2025 results due Feb. 12. The stock is about 13% below its 52-week high. iFAST recently agreed to buy a 30% stake in Financial Alliance for S$19.6 million, pending regulatory approval. Assets under administration stood at S$30.62 billion as of Sept. 30.
Sembcorp Industries share price: what to watch after Friday dip as Feb 25 results near

Sembcorp Industries share price: what to watch after Friday dip as Feb 25 results near

7 February 2026
Sembcorp shares closed at S$6.05 on Friday, down 0.33%, as Singapore’s STI dropped 0.8%. Shareholders approved the A$6.5 billion Alinta Energy takeover on Jan 30, but the deal still faces regulatory and closing conditions. Sembcorp will release FY2025 results on Feb 25 before market open. Trading volume reached about 4.3 million shares.
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