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NYSE:ESAB News 4 February 2026

Why ESAB stock is jumping today: Eddyfi deal digested, early numbers set the tone

Why ESAB stock is jumping today: Eddyfi deal digested, early numbers set the tone

New York, February 4, 2026, 15:43 (EST) — Regular session Shares of ESAB Corp jumped roughly 7.4% to $126.62 in afternoon trading Wednesday, reaching an intraday peak of $128.52. The S&P 500, however, edged down around 0.3%. The move follows just two sessions after ESAB announced its $1.45 billion acquisition of Canada’s Eddyfi Technologies, a deal that initially sent its…
4 February 2026
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Stock Market Today

  • Singapore Stock Market Hits Record High but Faces Potential Stall Amid Mixed Global Signals
    February 4, 2026, 7:37 PM EST. The Singapore Straits Times Index (STI) reached a new record closing high at 4,965.50 points, rising 0.43 percent on Wednesday, led by financial shares and a strong showing from Singapore Airlines and Wilmar International. However, mixed performances from property and industrial stocks, alongside uncertain global market cues, suggest the rally may lose momentum on Thursday. The U.S. market closed mixed, with the Dow Jones Industrial Average up 0.53 percent propelled by strong quarterly earnings, while the tech-heavy Nasdaq fell 1.51 percent amid ongoing semiconductor declines. Oil prices surged following a larger-than-expected drop in U.S. inventories. These factors contribute to a cautious outlook for Asian markets, including Singapore.
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