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NASDAQ:TERN.O News 14 January 2026

Terns Pharmaceuticals stock jumps 10% as JPM conference puts TERN-701 back on the map

Terns Pharmaceuticals stock jumps 10% as JPM conference puts TERN-701 back on the map

New York, Jan 14, 2026, 12:57 EST — Regular session Terns Pharmaceuticals (TERN.O) shares jumped over 10% Wednesday, fueled by the company’s newest conference update on its lead cancer drug. By midday, the stock had risen 10.4% to $38.03, after trading in a range from $34.05 to $38.35. The shift coincides with biotech investors flocking to the annual J.P. Morgan…
14 January 2026
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Stock Market Today

  • Dow and S&P 500 Face Volatile Week Amid Cooling U.S. Economic Growth
    January 23, 2026, 6:04 PM EST. The Dow and S&P 500 capped a volatile week marked by back-to-back weekly losses as U.S. economic data showed signs of cooling growth. S&P Global's preliminary Purchasing Managers' Index (PMI) readings for January revealed the manufacturing PMI at 51.9, below expectations but slightly up from December. The services PMI remained steady at 52.5. Overall, the Composite PMI edged up marginally to 52.8 but missed economists' forecasts. A PMI above 50 signals expansion, yet the pace has slowed since fall. Chris Williamson, Chief Business Economist at S&P Global, noted sustained growth but highlighted inflation pressures from tariffs driving up costs, sustaining business concerns over affordability and pricing.
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