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Stock Market 6 February 2026
AT&T closed the week at $22.01, near its 52-week low, as California continues to resist the company’s copper-wire shutdown, maintaining regulatory risk. Investors are watching for the market reopening, peer pricing pressure, and July earnings. Pfizer shares declined after CFO Dave Denton announced his August departure, though the company maintained its 2026 forecast. Investors remain focused on leadership succession, execution, and competition from obesity-drug makers. American Airlines rose 3.7% Thursday and 6.7% for the week, helped by lower fuel costs, with oil prices, analyst targets, and a June 24 competition hearing as upcoming factors. Social Security will send its last June payments on June 24, with SSI recipients set for two July payments but none in August. Medallia will transfer from Thoma Bravo to lenders led by Blackstone, Apollo, and FS KKR Capital, erasing Thoma Bravo’s $5 billion equity stake in a major private equity write-off. Nokia’s Helsinki shares fell 9% for the week, with the next catalyst being its second-quarter report. Coeur will join the S&P MidCap 400 Monday, attracting index-fund attention, and its CEO will speak at a J.P. Morgan event. Intel closed at $133.99, up 10.64%, after President Trump said Apple agreed to work with Intel on U.S. chip design, though details were unconfirmed. Nvidia ended Thursday at $210.69, up 2.95%, as chip stocks lifted the Nasdaq. Marvell rose 7.27% and will join the S&P 500, with optical networking stocks in focus after a KeyBanc upgrade.