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NASDAQ:FBIN News 12 January 2026

Fortune Brands Innovations stock jumps on mortgage-bond plan as CPI test nears

Fortune Brands Innovations stock jumps on mortgage-bond plan as CPI test nears

Fortune Brands Innovations closed up 5.7% at $58.14 Friday as investors bought housing-related stocks. President Trump ordered the FHFA to purchase $200 billion in mortgage bonds, with an initial $3 billion already underway. Analysts say the move may lower mortgage rates slightly but warn affordability remains strained. U.S. stock futures slipped late Sunday after Fed Chair Powell said the administration threatened him with indictment.
12 January 2026

Stock Market Today

Tesla stock price rises to $411 as Musk solar hiring push and China AI plan set up week ahead

Tesla stock price rises to $411 as Musk solar hiring push and China AI plan set up week ahead

7 February 2026
NEW YORK, February 7, 2026, 07:28 EST — Market closed. Tesla Inc shares last closed up 3.5% at $411.11 on Friday, ending the week on a firmer note. U.S. markets are closed on Saturday. Tesla has been moving with the “AI trade” — stocks tied to artificial intelligence — as investors questioned the payoff from a planned $600 billion spending surge by big tech firms. “It’s not that the trade is over, but it got too pricey,” said Andrew Wells, chief investment officer at SanJac Alpha. (Reuters) That shift matters for Tesla because the market increasingly prices it on autonomy,
Kenvue stock price holds near $18 as Kimberly-Clark deal math tightens — what to watch next week

Kenvue stock price holds near $18 as Kimberly-Clark deal math tightens — what to watch next week

7 February 2026
Kenvue shares closed Friday at $18.13, up 0.33%, with about 63.5 million shares traded. The Kimberly-Clark offer values Kenvue at roughly $18.76 per share, leaving a deal spread of about 3%. Both companies’ shareholders approved the merger, which is expected to close in the second half of 2026 pending regulatory approvals. Kenvue’s dividend record date is Feb. 11, with earnings due Feb. 17.
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