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Stock Market News 1 February 2026

Legal & General share price dips into weekend as BoE decision and debt redemption loom

Legal & General share price dips into weekend as BoE decision and debt redemption loom

Legal & General shares closed Friday down 0.23% at 265.10p, trading between 263.60p and 266.20p. The company will redeem £12.7 million in subordinated notes on Feb. 2. UK markets are closed Sunday, reopening Monday. Traders await the Bank of England’s rate decision on Feb. 5 and Legal & General’s full-year results on March 11.
Sage Group share price: buyback disclosure puts SGE in focus ahead of AGM and dividend

Sage Group share price: buyback disclosure puts SGE in focus ahead of AGM and dividend

Sage Group shares closed at 957.4p Friday, up 0.25% after a volatile week that saw an 8% drop from Jan. 26. The company repurchased 1.39 million shares on Jan. 30 as part of its buyback program. Investors await the Feb. 5 annual meeting and a vote on a 14.40p final dividend. Sage reported a 10% rise in quarterly revenue to £674 million and confirmed its full-year guidance.
Ashtead share price slips into weekend as buybacks roll on and U.S. listing clock ticks

Ashtead share price slips into weekend as buybacks roll on and U.S. listing clock ticks

Ashtead Group shares fell 0.8% to 4,687p Friday, after a 7.6% drop the day before. The company repurchased 72,800 shares at an average 4,836.89p, above the closing price. Ashtead expects its U.S. listing to go live March 2, pending regulatory approval. The stock is trading ex-dividend ahead of a 37.5 cent payout due Feb. 6.
IAG share price jumps on Friday — what to watch before Monday’s open and Feb 27 results

IAG share price jumps on Friday — what to watch before Monday’s open and Feb 27 results

IAG shares rose 2.05% to 418.2 pence Friday, beating the FTSE 100’s 0.51% gain. The stock remains 4.65% below its January 7 peak. Investors await IAG’s full-year results on Feb 27, with focus on unit revenue and fuel costs as OPEC+ meets Sunday to discuss output. Brent crude traded near $70, with analysts expecting a surplus in 2026.
SSE share price flat at 2,422p as a key trading update looms this week

SSE share price flat at 2,422p as a key trading update looms this week

SSE shares closed flat at 2,422 pence Friday after touching a 52-week high earlier in the session. The company paid an interim dividend of 21.4 pence per share, with directors reinvesting through share schemes. The FTSE 100 rose 0.5% for a seventh straight monthly gain, while sterling slipped 0.6% against the dollar. SSE will issue its third-quarter trading update on Feb. 4.
Antofagasta share price: UBS downgrade and metal selloff put ANTO stock in the spotlight before Monday

Antofagasta share price: UBS downgrade and metal selloff put ANTO stock in the spotlight before Monday

Antofagasta shares fell 3.65% to 3,648 pence Friday after UBS downgraded the stock to neutral, citing valuation concerns following a 135% rally. Copper, gold, and silver prices dropped late in the week, pressuring miners as the FTSE 100 rose 0.5%. Investors await Antofagasta’s full-year results on Feb. 17, with copper volatility a key factor.
Fresnillo stock price slides 5% as gold and silver plunge — what could move FRES.L next

Fresnillo stock price slides 5% as gold and silver plunge — what could move FRES.L next

Fresnillo shares fell 5.1% to 3,702 pence Friday in London, with trading volume doubling its 50-day average. The miner cut its 2026 silver and gold output forecasts, citing mine plan changes and project delays. Gold and silver prices dropped sharply after hitting records earlier in the week. Morgan Stanley flagged 5%-9% downside risk to 2026 consensus volume estimates and kept an underweight rating.

Stock Market Today

Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

Stock Market Today 07.02.2026

7 February 2026
LIVEMarkets rolling coverageStarted: February 7, 2026, 12:00 AM ESTUpdated: February 7, 2026, 12:31 AM EST Dollar Dips as Stocks Rally and US Data Influences Fed Rate Expectations February 7, 2026, 12:18 AM EST. The **dollar index** fell 0.17%, pressured by a rebound in equity markets reducing demand for the safe-haven currency. Weaker-than-expected U.S. labor market data raised the odds of a Fed rate cut to 18% for March, though consumer sentiment improved to a six-month high, limiting losses. Hawkish comments from Atlanta Fed's Raphael Bostic emphasized maintaining restrictive monetary policy. The dollar faces medium-term weakness amid expectations for rate cuts
Seagate (STX) stock jumps nearly 6% as Citi hikes target — what to watch next week

Seagate (STX) stock jumps nearly 6% as Citi hikes target — what to watch next week

7 February 2026
Seagate shares rose 5.9% to $429.32 Friday after Citigroup raised its price target to $480 and reiterated a buy rating. The gain ended a two-day slide but left the stock 6.6% below its Feb. 3 high. CEO Dave Mosley sold 20,000 shares on Feb. 2 under a pre-arranged plan, SEC filings show. U.S. jobs and inflation data next week are seen as key tests for tech stocks.
Cummins (CMI) stock price rebounds after earnings whipsaw as investors eye data-center power demand

Cummins (CMI) stock price rebounds after earnings whipsaw as investors eye data-center power demand

7 February 2026
Cummins shares jumped 6.8% to $577.73 Friday, recovering from a nearly 9% post-earnings drop the day before. The company reported Q4 revenue up 1% to $8.54 billion, took a $218 million charge tied to its hydrogen business, and guided for 2026 EBITDA of 17–18% of sales. Demand for data center generators offset weakness in North American truck markets. Analyst reaction was mixed; Truist raised its price target.
Corning stock hits first record close since 2000 as jobs, CPI data loom

Corning stock hits first record close since 2000 as jobs, CPI data loom

7 February 2026
Corning shares surged 8.3% to $122.16 Friday, their highest close since the dot-com era, after Meta agreed to buy up to $6 billion in fiber-optic cables. The stock is up 40% since late 2025, fueled by strong first-quarter guidance and AI data-center demand. Insiders sold shares following the rally, SEC filings show. Investors await next week’s U.S. jobs and inflation data for rate signals.
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