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Lithium prices spike 9% in China on tax-rebate shift, pushing SQM stock up before the bell

Lithium prices spike 9% in China on tax-rebate shift, pushing SQM stock up before the bell

Lithium prices in China jumped to a two-year high after Beijing cut export VAT rebates on batteries, sending the main futures contract up 9% to 156,060 yuan per ton. SQM rose 0.5% in U.S. premarket trading, while Albemarle gained and Lithium Americas fell. Chinese battery makers dropped, but upstream lithium producers advanced. SQM finalized a framework deal with Codelco, pending a Supreme Court ruling.

Stock Market Today

  • Morning News Wrap-Up: Top Stock Market Stories for May 19, 2026
    May 19, 2026, 4:15 PM EDT. Traders got a snapshot of Wednesday's key stock market developments in the daily wrap-up. The report highlights major stock movements and market trends that shaped trading sessions. It offers a concise overview to help investors stay informed on the latest shifts in equities and sectors.

Latest articles

Warby Parker Stock Just Got Hit After Its AI Glasses Reveal — Here’s What Investors Didn’t Like

Warby Parker Stock Just Got Hit After Its AI Glasses Reveal — Here’s What Investors Didn’t Like

19 May 2026
NEW YORK, May 19, 2026, 16:03 (EDT) Warby Parker shares slid on Tuesday after the eyewear retailer showed its first “Intelligent Eyewear” design with Google and Samsung, a reveal that gave investors a product but left open questions on price, exact timing and demand. The stock was recently quoted at $25.51 after swinging between $23.62 and $30.20, with volume at 11.7 million shares, about three times its average volume, according to market data from Robinhood. (Robinhood) The move matters now because Warby Parker is trying to move beyond its core glasses, contacts and eye-exam business into AI-powered wearables. AI, or
Dow Jones Drops After Close With Bond Yields Moving Higher

Dow Jones Drops After Close With Bond Yields Moving Higher

19 May 2026
The Dow Jones Industrial Average closed down 0.65% at 49,364.31 on Tuesday, with the S&P 500 and Nasdaq Composite also falling. The 10-year Treasury yield hit 4.687%, its highest since January 2025, before easing to 4.65%. Investors await Nvidia earnings and Federal Reserve minutes for direction. Brent crude remained above $110 a barrel amid tensions near the Strait of Hormuz.
Wall Street Gets Another Jolt From Bond Market; Traders Eye Next Moves

Wall Street Gets Another Jolt From Bond Market; Traders Eye Next Moves

19 May 2026
The S&P 500 fell 0.55%, Nasdaq lost 0.72%, and Dow dropped 0.47% Tuesday as Treasury yields climbed, with the 10-year at 4.67% and the 30-year at 5.18%, its highest since 2007. Brent crude hovered near $111. Home Depot rose after earnings, while Akamai slid on a $2.6 billion convertible-note offering. Investors watched Nvidia ahead of its results.
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