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Stock Market News 17 January 2026

Commonwealth Bank of Australia share price: CBA stock set for a rate test after fresh home-loan moves

Commonwealth Bank of Australia share price: CBA stock set for a rate test after fresh home-loan moves

Commonwealth Bank of Australia shares closed up 0.52% at A$154.30 on Friday, as the S&P/ASX 200 gained 0.48%. CBA raised some fixed mortgage rates for new borrowers, with its lowest two-year rate now at 5.79%. The Reserve Bank’s cash rate target remains at 3.60%, with the next decision due Feb. 3. CBA’s December Household Spending Insights showed a 0.7% rise, marking 15 months of growth.
17 January 2026
Bank holiday today (Jan 17, 2026): Are banks open in India? Tamil Nadu shut for Uzhavar Thirunal

Bank holiday today (Jan 17, 2026): Are banks open in India? Tamil Nadu shut for Uzhavar Thirunal

Bank branches in Tamil Nadu are closed January 17 for Uzhavar Thirunal, following a Friday shutdown in Chennai for Thiruvalluvar Day. Most other Indian branches remain open, as the date falls on the third Saturday. RBI’s calendar lists more state-specific holidays this month and a nationwide closure on January 26 for Republic Day. Digital banking and ATMs continue to operate.
Fortescue share price ticks up on wind farm build start as traders look to next week’s output report

Fortescue share price ticks up on wind farm build start as traders look to next week’s output report

Fortescue shares closed up 0.3% at A$22.82 after construction began on a 133MW wind project in Western Australia. The company targets mid- to late-2027 completion, with a fiscal 2026 decarbonisation budget of $900 million to $1.2 billion. Iron ore futures fell on Friday, with Dalian and Singapore contracts both down. Fortescue’s next production report is due Jan. 22.
Northern Star Resources share price slips after four-day run as NST investors brace for Jan 22 update

Northern Star Resources share price slips after four-day run as NST investors brace for Jan 22 update

Northern Star Resources shares fell 1.0% to A$26.83 Friday, ending a four-day rally as gold prices slipped from record highs. The miner’s December-quarter output of 348,000 ounces missed analyst forecasts. Investors await a cost update on January 22 after the company cut its full-year sales outlook earlier this month. BMO Capital lowered its price target to A$31.
17 January 2026
Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

Stock Market Today 17.01.2026

TransDigm Group reported $8.83 billion in revenue and $1.87 billion net income, with shares near $1,450 and a P/E of 43.8x. Elevance Health closed at $374.87, with DCF analysis suggesting a 62.9% undervaluation. BlackRock traded at $1,163.17, about 11.6% above its implied value. Commercial Metals ended at $74.42, with DCF pointing to a 37.3% discount to intrinsic value.
17 January 2026
P&G stock near $145: UBS flags guidance risk as Procter & Gamble earnings loom

P&G stock near $145: UBS flags guidance risk as Procter & Gamble earnings loom

Procter & Gamble closed Friday at $144.53, down 0.07%, as UBS maintained its buy rating but warned of a possible guidance cut next week. U.S. markets will stay shut Monday for Martin Luther King Jr. Day, reopening Tuesday. P&G reports fiscal Q2 earnings Jan. 22, with consensus at $1.87 EPS on $22.28 billion revenue. Options markets show heightened volatility expectations ahead of the release.
Home Depot stock: investor push over surveillance data puts HD back in focus ahead of earnings

Home Depot stock: investor push over surveillance data puts HD back in focus ahead of earnings

Home Depot shares closed up 0.3% at $380.17 Friday as investors pressed the company to review its use of Flock Safety surveillance and disclose data-sharing practices. Zevin Asset Management is leading a shareholder push for a privacy risk assessment. Truist and Morgan Stanley raised their price targets. U.S. markets will be closed Monday for Martin Luther King Jr. Day.
SoFi stock slips into holiday-shortened week as earnings, credit-rate talk loom

SoFi stock slips into holiday-shortened week as earnings, credit-rate talk loom

SoFi shares fell 1.2% to $26.13 Friday, their third straight decline, ahead of U.S. markets closing Monday for Martin Luther King Jr. Day. The stock remains below SoFi’s recent $27.50 equity raise price. Investors await the company’s Jan. 30 earnings report as policy debate over capping credit card interest rates keeps lender stocks volatile. Since Jan. 9, SoFi shares have dropped about 4.6%.
American Express stock price closes higher as rate-cap uncertainty hangs over card issuers

American Express stock price closes higher as rate-cap uncertainty hangs over card issuers

American Express shares rose 2.1% to $364.79 Friday, outpacing a flat market before the holiday weekend. The White House is weighing an executive order to cap credit card rates at 10%, sources told Bloomberg. AmEx’s December SEC filing showed consumer delinquencies fell to 1.3%, while small business delinquencies edged up to 1.7%. U.S. markets will close Monday for Martin Luther King Jr. Day.
17 January 2026
Merck stock price slips as FDA fast-track doubts surface before MRK earnings

Merck stock price slips as FDA fast-track doubts surface before MRK earnings

Merck & Co shares fell 1.9% to $108.83 Friday after a Reuters report highlighted industry concerns over the FDA’s new fast-track drug approval program. Internal FDA documents show some drug reviews have been delayed due to safety and effectiveness worries, including a patient death linked to Sanofi’s Tzield. The S&P 500 healthcare sector dropped 0.8% amid broader market weakness. Only one drug has been approved under the program so far.
Why Eaton stock jumped Friday: HSBC upgrade puts ETN back in focus before earnings

Why Eaton stock jumped Friday: HSBC upgrade puts ETN back in focus before earnings

Eaton shares jumped 3.1% to $343.75 Friday after HSBC upgraded the stock and raised its price target to $400, citing strong data-center exposure. The move came as the S&P 500 and Dow slipped and ahead of a U.S. market holiday. Eaton traded above its 200-day moving average and saw heavier-than-usual volume. The company’s next earnings report is expected between Jan. 29 and Feb. 2.
Freeport-McMoRan stock dips after Friday slide as copper stays near records, earnings loom

Freeport-McMoRan stock dips after Friday slide as copper stays near records, earnings loom

Freeport-McMoRan shares fell 2.1% to $58.71 after a mine-safety shutdown order at its Morenci site, which was lifted the same day. Copper prices remain above $13,000 a metric ton, keeping the company in focus ahead of its Jan. 22 earnings. Indonesian troops freed 18 Freeport employees trapped at a Papua outpost this week. The board declared a $0.15 per share cash dividend, payable Feb. 2.
Boeing stock price ends flat as Spirit union vote and earnings set the next tests

Boeing stock price ends flat as Spirit union vote and earnings set the next tests

Boeing shares closed down 0.02% at $247.68 Friday as investors watched a pending labor vote for 1,600 former Spirit AeroSystems employees, set for Jan. 30. The proposed contract includes a 20% wage pool increase over 58 months and a $6,000 bonus. The FAA reissued a proposed directive for older 737 models, with comments due Feb. 23. U.S. markets will be closed Monday for Martin Luther King Jr. Day.

Stock Market Today

Walmart stock jumps 3% to $131 as Dow clears 50,000 — what to watch before Monday

Walmart stock jumps 3% to $131 as Dow clears 50,000 — what to watch before Monday

7 February 2026
Walmart shares climbed 3.34% to $131.18 Friday, pushing its market value to about $1.05 trillion as the Dow closed above 50,000 for the first time. Retail stocks mostly gained, with Target up 4.24% and Costco up 1.20%, while Amazon dropped 5.55%. Investors await Walmart’s fiscal Q4 results on Feb. 19 and key U.S. economic data next week.
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