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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

Stock Market Today

Kenvue stock price holds near $18 as Kimberly-Clark deal math tightens — what to watch next week

Kenvue stock price holds near $18 as Kimberly-Clark deal math tightens — what to watch next week

7 February 2026
Kenvue shares closed Friday at $18.13, up 0.33%, with about 63.5 million shares traded. The Kimberly-Clark offer values Kenvue at roughly $18.76 per share, leaving a deal spread of about 3%. Both companies’ shareholders approved the merger, which is expected to close in the second half of 2026 pending regulatory approvals. Kenvue’s dividend record date is Feb. 11, with earnings due Feb. 17.
IREN stock heads into Monday after 5% rebound as Microsoft AI financing stays in focus

IREN stock heads into Monday after 5% rebound as Microsoft AI financing stays in focus

7 February 2026
IREN shares closed up 5.1% at $41.83 Friday after reporting a $155.4 million quarterly loss and $184.7 million in revenue. The company announced $3.6 billion in GPU financing for its Microsoft contract, with $2.8 billion in cash as of Jan. 31. Bitcoin mining revenue fell, while AI cloud services rose. Traders await bitcoin’s weekend move and Monday’s market reaction.
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