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NZX:VSL News 6 January 2026

New Zealand Stock Market Ends Higher as BlueScope Bid Sparks Steel Rally, Infratil Gains

New Zealand Stock Market Ends Higher as BlueScope Bid Sparks Steel Rally, Infratil Gains

New Zealand’s S&P/NZX 50 index rose 0.56% to 13,663.58 Tuesday, led by steel and construction stocks after a takeover bid for Australia’s BlueScope Steel. Vulcan Steel jumped 3.6%, Steel & Tube 4.7%, and Fletcher Building 1.6%. BlueScope surged 21% in Sydney after receiving a buyout proposal from SGH and Steel Dynamics. Banks fell, with Westpac and ANZ both down 2.6%.
6 January 2026
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Stock Market Today

Intel stock (INTC) jumps to $50.59 — the two headlines traders will watch before Monday

Intel stock (INTC) jumps to $50.59 — the two headlines traders will watch before Monday

7 February 2026
New York, Feb 7, 2026, 15:53 ET — Market closed. Intel shares rose 4.87% on Friday to close at $50.59, snapping a two-session slide as U.S. stocks surged. Nvidia climbed 7.87% and Broadcom gained 7.22%, while the S&P 500 added 1.97% and the Dow rose 2.47%. (MarketWatch) With U.S. markets shut for the weekend, the question shifts to whether the bid holds into Monday as investors re-price the AI hardware trade after a volatile week. “There’s enough evidence that there’s real demand for AI products,” said Ross Mayfield, an investment strategy analyst at Baird. (Reuters) One reason Intel is back
RTX stock faces Pentagon payout curb list next week as dividend stays in play

RTX stock faces Pentagon payout curb list next week as dividend stays in play

7 February 2026
RTX closed at $198.66 Friday, up 1.4%, after declaring a 68-cent quarterly dividend payable March 19. The Pentagon is expected to name defense contractors early next week that could face limits on dividends and buybacks under a Trump order. RTX’s Raytheon unit has been singled out as “least responsive.” Companies named would have 15 days to submit remediation plans.
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