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Stock Market News 17 January 2026

China Construction Bank A-shares slip — what matters before China’s big data dump and rate signals

China Construction Bank A-shares slip — what matters before China’s big data dump and rate signals

Shanghai, Jan 18, 2026, 04:03 GMT+8 — Market closed. China Construction Bank’s Class A shares on the Shanghai exchange slipped in the final session. The next catalyst is likely to be policy-driven rather than market action. The stock offers a glimpse into China’s credit cycle. When concerns flare over growth, property, and funding costs, large state banks usually feel the impact first. That’s crucial now as Beijing has lined up fresh targeted easing measures alongside a packed schedule of economic data early next week — both likely to quickly reshape forecasts for loan growth and bank margins. CCB shares ended
Philip Morris stock price closes higher after $20B U.S. investment filing — what PM investors watch next

Philip Morris stock price closes higher after $20B U.S. investment filing — what PM investors watch next

New York, January 17, 2026, 14:48 (EST) — Market closed. Philip Morris International (PM.N) shares edged up 0.6% on Friday, finishing at $173.62. The stock fluctuated between $170.76 and $174.24 during the session, with roughly 5.1 million shares traded. The stock’s movement reflects ongoing debate over how much of Philip Morris’ growth hinges on the U.S. market and the pace at which smokers will switch to smoke-free nicotine products. That’s the real driver behind valuation, not catchy slogans. In the U.S., regulators control which new nicotine products hit shelves and set the rules around their marketing. Meanwhile, cigarette sales continue
Utilities stocks wobble after PJM emergency auction push; XLU dips as Constellation, Vistra sink

Utilities stocks wobble after PJM emergency auction push; XLU dips as Constellation, Vistra sink

NEW YORK, January 17, 2026, 14:44 EST — Market closed U.S. utility stocks closed the week in the red, with the Utilities Select Sector SPDR Fund (XLU) slipping 0.5% to $43.39 on Friday. Constellation Energy took a sharp hit, dropping roughly 9.8%, while Vistra fell about 7.4%, heavy losses that dragged the sector down into the final bell. (Barchart.com) The Trump administration has called on PJM Interconnection — the grid operator serving 67 million customers across 13 states plus Washington, D.C. — to hold an emergency power auction aimed at preventing rolling blackouts amid rising data-center demand, Reuters reported. Officials
Real Estate Stocks Jump Into Holiday Week: XLRE, VNQ Hold Up Despite Yield Pop

Real Estate Stocks Jump Into Holiday Week: XLRE, VNQ Hold Up Despite Yield Pop

New York, Jan 17, 2026, 14:41 EST — Market closed. U.S. real estate stocks climbed late in the week despite rising interest rates. The Real Estate Select Sector SPDR Fund (XLRE) closed Friday up 1.2% at $42.21. Vanguard Real Estate ETF (VNQ) also advanced 1.2%, finishing at $92.62, while iShares U.S. Real Estate ETF (IYR) added 1.3% to end at $98.31. This is key because a lot of investors see REITs — real estate investment trusts that hold property and usually distribute most of their earnings — as income plays. When long-term Treasury yields climb, those dividends lose some appeal,
Energy Stocks Head Into MLK Break as Oil Firms Up — What Traders Watch Next

Energy Stocks Head Into MLK Break as Oil Firms Up — What Traders Watch Next

New York, January 17, 2026, 14:27 EST — Market closed. U.S. energy shares edged up on Friday, with the Energy Select Sector SPDR Fund (XLE) finishing at $47.69, a modest gain of 0.17%. (StockAnalysis) The timing is crucial since U.S. markets will be closed Monday for Martin Luther King Jr. Day, extending the break between Friday’s close and Tuesday’s reopening. (New York Stock Exchange) In this sector, that pause often magnifies swings tied to crude, which lately has been influenced as much by politics as by supply. Wall Street dipped as the week wrapped up. The S&P 500 slipped 0.1%
Basic materials stocks face a copper reality check after the long weekend as XLB slips

Basic materials stocks face a copper reality check after the long weekend as XLB slips

cNEW YORK, Jan 17, 2026, 14:40 ET — Market closed. Basic materials stocks slipped to finish the week, with the Materials Select Sector SPDR ETF (XLB) dropping 0.6% on Friday. The S&P 500 Materials sector index also edged lower, falling 0.44%. (Investing.com) This shift is significant since the sector has heavily relied on copper’s rally, which just faltered. Prices slipped after briefly topping $13,000 a metric ton on the London Metal Exchange this week. Reuters Breakingviews linked the earlier surge partly to worries over tariffs. (Reuters) “Metals have faced pressure this week as China dialed back risk and officials moved
Amazon’s Europe-only AWS cloud launch puts cloud computing stocks in focus before Tuesday’s open

Amazon’s Europe-only AWS cloud launch puts cloud computing stocks in focus before Tuesday’s open

NEW YORK, Jan 17, 2026, 13:45 EST — Market closed Cloud computing stocks enter the extended U.S. weekend under fresh scrutiny after Amazon’s AWS rolled out a cloud service based solely in Europe. The move targets clients worried about data access and legal jurisdiction. (Reuters) The term “sovereign cloud” — which refers to keeping data and control within a given jurisdiction — is shifting from a niche preference to a must-have for certain regulated buyers. Investors are also pressing tougher questions about whether massive AI investments will deliver returns quickly enough. Markets shut Monday for Martin Luther King Jr. Day,
Communication Services stocks slide into long weekend: Netflix earnings, Google court fight in focus

Communication Services stocks slide into long weekend: Netflix earnings, Google court fight in focus

NEW YORK, Jan 17, 2026, 14:08 EST — Market closed. Communication services stocks closed the week weaker, as the Communication Services Select Sector SPDR ETF fell 0.9% on Friday to $115.17. The ETF has slipped roughly 2.3% over the last five sessions, marking a fifth consecutive daily drop. (StockAnalysis) XLC is an ETF that tracks the communication services sector of the S&P 500, covering media, entertainment, telecom, and interactive services. It’s heavily weighted at the top, with Meta Platforms and Alphabet leading the pack. Netflix and Disney follow as some of the largest holdings. (SSGA) That concentration takes on added
Data center stocks head into MLK break as PJM power auction plan looms; Digital Realty, Vertiv rise

Data center stocks head into MLK break as PJM power auction plan looms; Digital Realty, Vertiv rise

NEW YORK, Jan 17, 2026, 13:36 (EST) — Market closed. U.S. data center stocks wrapped the week with mixed results as Washington urged PJM Interconnection to conduct an emergency power procurement auction. The goal: add new generation and push more costs onto large data center users. Digital Realty finished Friday up 1.9%, Vertiv climbed 2.5%, and Equinix saw little movement. (The Department of Energy’s Energy.gov) The narrative in the sector has shifted away from racks and rent, focusing instead on watts. Power availability and the rising cost of electricity now directly influence how quickly operators can scale up and what
Nvidia stock’s next test: Trump’s AI chip tariff meets China’s H200 roadblock

Nvidia stock’s next test: Trump’s AI chip tariff meets China’s H200 roadblock

New York, Jan 17, 2026, 13:02 EST — The market has closed. Nvidia and AMD shares face a new hurdle next week after President Donald Trump signed a proclamation slapping a 25% tariff on some advanced computing chips, including Nvidia’s H200 AI processor and AMD’s MI325X. South Korea’s trade minister noted the tariff targets “advanced chips made by Nvidia and AMD.” (Reuters) This move is significant since AI-chip stocks now serve as a fast barometer for geopolitics alongside data-center demand. Tariffs act as import taxes, and even targeted rules can disrupt pricing and supply strategies in a market where buyers
Ucore Rare Metals stock jumps again as Washington’s critical-minerals push heats up — what’s next

Ucore Rare Metals stock jumps again as Washington’s critical-minerals push heats up — what’s next

Toronto, January 17, 2026, 13:19 EST — The market has closed. Ucore Rare Metals shares ended Friday’s session up 4.4% at C$9.43 on Canada’s TSX Venture Exchange, building on a 5.9% rise from Thursday. The momentum comes amid ongoing policy talk keeping rare-earth stocks active. (Investing.com) This shift is crucial as investors scramble to figure out which segments of the rare earth supply chain Washington aims to develop domestically—and which could face trade hurdles. Attention this week turned away from mining and onto processing, an area where the U.S. remains heavily dependent on imports. On January 14, the White House
IonQ, Rigetti and QUBT move: what’s driving quantum computing stocks into next week

IonQ, Rigetti and QUBT move: what’s driving quantum computing stocks into next week

New York, Jan 17, 2026, 13:22 EST — Market closed. Rosenblatt Securities analyst John McPeake kicked off coverage on Rigetti Computing and Quantum Computing Inc, handing both Buy ratings, Barron’s reported. The quantum computing sector stays under the spotlight, despite ongoing skepticism about extended timelines and scant near-term revenue. “Rigetti does indeed need to get their error rates down to be more competitive,” McPeake noted. (Barron’s) Quantum computing uses quantum bits, or qubits, to tackle problems beyond the reach of classical computers. But in the market, that potential is tough to value. Stocks in this space usually move on technical

Stock Market Today

ST Engineering stock price drops 2% to S$9.71 as drone-autonomy tie-up grabs attention

ST Engineering stock price drops 2% to S$9.71 as drone-autonomy tie-up grabs attention

7 February 2026
ST Engineering shares fell 1.9% to S$9.71 Friday, outpacing the Singapore market’s 0.8% drop amid a tech-led selloff. The company signed a deal with Shield AI at the Singapore Airshow to integrate autonomy software into its unmanned platforms and unveiled a small drone capable of carrying explosives. About 6.9 million shares traded as investors await full-year results on Feb. 27.
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