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Stock Market News 17 January 2026

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.
CrowdStrike stock price: CRWD holds near $454 as China ban chatter and a court win hang over the trade

CrowdStrike stock price: CRWD holds near $454 as China ban chatter and a court win hang over the trade

CrowdStrike shares closed down 0.2% at $453.88, steady after hours. China reportedly ordered firms to stop using some foreign cybersecurity tools, but CrowdStrike said it does not sell in China. A U.S. judge dismissed a shareholder lawsuit over the July 2024 outage, though the complaint may be amended. U.S. markets close Monday for Martin Luther King Jr. Day.
Chevron stock price: Venezuela license shift and Leviathan expansion put CVX in focus after the close

Chevron stock price: Venezuela license shift and Leviathan expansion put CVX in focus after the close

Chevron shares edged up 0.1% to $166.26 after the U.S. signaled plans to expand its Venezuela license, allowing cash payments to Caracas. Chevron and partners approved a $2.36 billion expansion of Israel’s Leviathan gas field, targeting a 2029 start. U.S. stocks were little changed ahead of the holiday. Chevron controller Alana K. Knowles sold 3,200 shares at $168 each, per SEC filing.
17 January 2026

Stock Market Today

Coherent (COHR) stock heads into Monday after 9% jump on Texas chip grant and analyst target hikes

Coherent (COHR) stock heads into Monday after 9% jump on Texas chip grant and analyst target hikes

8 February 2026
New York, Feb 7, 2026, 20:02 EST — Market closed. Coherent Corp (NYSE:COHR) shares jumped 8.8% on Friday to close at $227.68, extending a rebound after an earnings-week slide as investors weighed a Texas semiconductor grant and fresh analyst target hikes. (Yahoo Finance) U.S. markets are closed for the weekend, but the stock goes into Monday with a new state-backed manufacturing headline and a clearer set of numbers to trade off. It is also a name that tends to move fast when sentiment shifts. Why it matters now: Coherent sits in the supply chain for data-center networking gear, where customers
Cambricon Class A stock price dips again: what to watch next for China AI chip name 688256

Cambricon Class A stock price dips again: what to watch next for China AI chip name 688256

8 February 2026
Cambricon Technologies shares closed at 1,036.99 yuan in Shanghai on Friday, down 2.02%, with volume at about 8 million shares. The stock has fallen roughly 16.5% since Feb. 2 after sharp declines earlier in the week. Investors await the company’s next earnings report, due March 13, for confirmation of its forecasted profit turnaround. Cambricon is valued at about 437.28 billion yuan.
Infineon stock in focus after Friday rise as reports flag April price hikes for power chips

Infineon stock in focus after Friday rise as reports flag April price hikes for power chips

8 February 2026
Infineon shares closed up 1.5% at 42.04 euros Friday on Xetra after reports the company plans April price hikes on some power products. TrendForce said the increases, citing tight supply and higher costs, would apply from April 1. The Feb. 12 record date and Feb. 19 annual meeting are next for shareholders. UBS raised its price target to 47 euros, citing stronger margins.
TE Connectivity stock jumps 3.5% into the weekend — what to watch for TEL next week

TE Connectivity stock jumps 3.5% into the weekend — what to watch for TEL next week

8 February 2026
TE Connectivity (NYSE: TEL) closed Friday up 3.46% at $215.91, rebounding after a 3.29% drop Thursday, but remains 5% lower for the week and 14% below its 52-week high. The company expects to close a $750 million senior notes offering on Monday and pay a $0.71 dividend March 13. Investors await Friday’s U.S. CPI report, seen as a key market driver.
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