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Stock Market News 11 January 2026

Roche stock: $570 million MediLink cancer-drug deal puts Swiss shares back in focus

Roche stock: $570 million MediLink cancer-drug deal puts Swiss shares back in focus

ZURICH, Jan 11, 2026, 17:40 CET — The market has closed. Roche Holding shares rose 0.4% on Friday following news that China’s MediLink Therapeutics inked a licensing deal with the Swiss pharma giant for an experimental cancer drug. The stock closed at 340.80 Swiss francs on the SIX Swiss Exchange. (MarketWatch) The deal underscores how big pharma continues to invest heavily in oncology pipelines, despite investor calls for more defined revenue prospects. Antibody-drug conjugates, or ADCs, remain a standout area in cancer R&D — leveraging antibodies to carry lethal agents directly to tumors. Timing is key for Roche. Shares are
11 January 2026
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Home Depot stock jumps as mortgage-rate plan jolts housing trade ahead of CPI week

Home Depot stock jumps as mortgage-rate plan jolts housing trade ahead of CPI week

NEW YORK, January 11, 2026, 11:24 (ET) — Market closed Home Depot (HD) shares rose 4.2% on Friday, January 9, to close at $374.64, finishing the week on a sharp upswing ahead of Monday’s open. The move came as housing-linked stocks rallied after President Donald Trump ordered $200 billion of mortgage-backed securities purchases — bonds backed by pools of home loans — in a bid to bring down housing costs. Brian Jacobsen, chief economic strategist at Annex Wealth Management, told Reuters “every little bit will help push mortgage yields lower,” but he added the policy could also fuel demand and
11 January 2026
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Alibaba stock drops into the weekend as China opens food-delivery probe; what BABA traders watch next

Alibaba stock drops into the weekend as China opens food-delivery probe; what BABA traders watch next

New York, January 11, 2026, 11:18 (EST) — Market closed. Alibaba Group Holding’s U.S.-listed ADRs dropped 2.3%, closing at $150.96 on Friday. The decline came after China announced an investigation into aggressive competition among food-delivery platforms, drawing attention to the subsidy-heavy “instant retail” battle for one-hour delivery of products—from meals to over-the-counter medicine. Both Alibaba and rival Meituan said they welcome the probe and will cooperate. (Reuters) This move matters now because delivery stands out as one of the clearest areas where Alibaba can boost user growth amid China’s packed consumer internet scene. It’s also a quick way to burn
11 January 2026
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Industrial and Commercial Bank of China Class A stock: Beijing’s new demand push sets up the week

Industrial and Commercial Bank of China Class A stock: Beijing’s new demand push sets up the week

SHANGHAI, Jan 12, 2026, 00:26 (GMT+8) — Market closed Industrial and Commercial Bank of China Ltd’s yuan-denominated Class A shares (601398.SS) head into Monday’s session amid renewed policy focus after China’s cabinet unveiled a set of fiscal and financial measures targeting domestic demand, including interest-subsidy support for consumer loans. The stock closed Friday at 7.71 yuan, up 0.26%, with around 241 million shares changing hands. Valuations stand at about 7.9 times earnings and 0.75 times book value, according to data. (Reuters) Why it matters now: major state banks such as ICBC are key players in efforts to boost household spending
11 January 2026
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LVMH stock ends week higher as champagne strike threat looms — what to watch Monday

LVMH stock ends week higher as champagne strike threat looms — what to watch Monday

Paris, January 11, 2026, 17:14 CET — The market has closed. LVMH Moet Hennessy Louis Vuitton SE shares enter the new week amid mounting labour tensions, as a union has urged additional strike action within the group’s wines and spirits division, targeting its champagne houses. Why this matters now: after a broad rally in European equities, investors are once again reacting sharply to any disruption risks in luxury stocks, with LVMH remaining the sector’s key bellwether in Paris. The timing hits hard since the dispute revolves around pay and benefits at Moët Hennessy amid softer sales. It’s a clear sign
11 January 2026
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Costco stock: Supreme Court tariff decision date, shareholder meeting put COST in play next week

Costco stock: Supreme Court tariff decision date, shareholder meeting put COST in play next week

New York, January 11, 2026, 11:08 EST — The market has closed. The U.S. Supreme Court will deliver its next batch of rulings on Jan. 14, leaving a challenge to President Donald Trump’s broad tariffs still in play as traders prepare for the week. The court heard arguments on the tariffs back on Nov. 5 but hasn’t indicated if this case will be included in that day’s decisions. (Reuters) U.S. markets are closed on Sunday, leaving the tariff case as one of the rare, well-defined catalysts for big-box retailers ahead of Monday’s session. Investors are weighing if this will be
11 January 2026
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Bank of America stock: Trump’s 10% credit-card rate cap call hits ahead of BAC earnings

Bank of America stock: Trump’s 10% credit-card rate cap call hits ahead of BAC earnings

New York, January 11, 2026, 11:15 EST — Market closed. U.S. President Donald Trump announced a one-year cap on credit card interest rates at 10%, set to start on Jan. 20, though he didn’t clarify how the plan would be enforced. The move adds fresh policy risk for Bank of America and other lenders as trading restarts. Banking groups warned this could “reduce credit availability.” Bank of America, American Express, and Capital One did not respond to Reuters’ requests for comment. “When companies can’t price the risk properly, they’ll just reduce credit lines,” said Brian Jacobsen, chief economic strategist at
11 January 2026
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Agricultural Bank of China A-shares: the three data drops traders are watching this week (601288)

Agricultural Bank of China A-shares: the three data drops traders are watching this week (601288)

Shanghai, Jan 12, 2026, 00:16 CST — Premarket Agricultural Bank of China Ltd’s Class A shares (601288) closed Friday down 0.4% at 7.41 yuan and are set for Monday trading, holding steady near their recent peaks. https://www.marketscreener.com/quote/stock/AGRICULTURAL-BANK-OF-CHIN-9950396/ China’s December credit data, due midweek, is expected to drive the next move. New Yuan Loans will be reported on Jan. 14, with forecasts around 450 billion yuan, up from 390 billion yuan in November, per Investing.com’s calendar. https://www.investing.com/economic-calendar/chinese-new-loans-1060 Traders are also eyeing “total social financing” (TSF), which combines bank loans with other funding sources like bonds and off-balance-sheet items. The latest TSF
11 January 2026
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Micron stock jumps on fresh $390 target — what to know before Monday’s open

Micron stock jumps on fresh $390 target — what to know before Monday’s open

New York, Jan 11, 2026, 11:13 AM EST — Market closed Micron Technology (MU.O) jumped 5.5%, closing Friday at $345.09 following a price target boost from Mizuho. The iShares Semiconductor ETF also climbed 2.9%, highlighting widespread gains ahead of the weekend. (TipRanks) This shift is significant since Micron is now a key barometer for data-center demand and memory prices. Friday’s surge tightens the margin for any letdown when upcoming reports arrive. With U.S. markets closed Sunday, Monday’s open will reveal if buyers continue pushing or start cashing out. Micron stands as one of the rare suppliers of high-bandwidth memory, or
11 January 2026
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Tencent Holdings stock: buyback keeps pressure on bears as AI bottleneck warning hits tape

Tencent Holdings stock: buyback keeps pressure on bears as AI bottleneck warning hits tape

Hong Kong, Jan 11, 2026, 23:42 HKT — Market closed. Tencent Holdings Ltd repurchased about 1 million shares on Jan. 9, spending HK$635.9 million, according to a filing with Hong Kong’s stock exchange. The WeChat owner’s shares in Hong Kong closed at HK$611, down 0.81%. (TradingView) Hong Kong markets reopen Monday, and the repurchase stands out as one of the scarce new signals for traders gauging demand in China’s internet giants. While buybacks reduce share count and return cash to investors, they seldom move prices on their own. Tencent’s shares remain caught up in the swings of the AI trade,
11 January 2026
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Johnson & Johnson stock in focus: Trump drug-price pact and fresh cancer data before Monday

Johnson & Johnson stock in focus: Trump drug-price pact and fresh cancer data before Monday

New York, Jan 11, 2026, 10:45 EST — Market closed. Shares of Johnson & Johnson (JNJ.N) dipped 0.7% on Friday to $204.39 following the company’s announcement of a deal with the Trump administration to lower U.S. drug prices. In return, J&J secured exemptions from certain U.S. tariffs. The company said it will offer medicines at discounted rates via TrumpRx.gov and match Medicaid pricing levels seen in other developed countries, though it did not specify which drugs would be involved or the exact discount sizes. The administration made similar deals with nine other pharmaceutical firms in December as part of its
11 January 2026
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Mastercard stock heads into CPI week after ex-dividend drop — what to watch next

Mastercard stock heads into CPI week after ex-dividend drop — what to watch next

New York, January 11, 2026, 10:41 EST — Market closed. Mastercard Incorporated shares slipped 0.8% Friday to $575.63, retreating ahead of a packed week of U.S. economic data and earnings reports. The payments firm has tracked alongside other “quality growth” stocks, making it vulnerable to shifts in rate-cut expectations. (MarketBeat) Here’s why it matters now: Mastercard’s fees move with card spending and international travel, making the company a real-time gauge of consumer activity. When inflation jumps unexpectedly, bond yields can spike, pushing markets to quickly revalue high-multiple payment networks. Friday’s action coincided with a dividend-related technical. Mastercard’s investor relations page
11 January 2026
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Stock Market Today

Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

Stock Market Today 07.02.2026

7 February 2026
LIVEMarkets rolling coverageStarted: February 7, 2026, 12:00 AM ESTUpdated: February 7, 2026, 12:31 AM EST Dollar Dips as Stocks Rally and US Data Influences Fed Rate Expectations February 7, 2026, 12:18 AM EST. The **dollar index** fell 0.17%, pressured by a rebound in equity markets reducing demand for the safe-haven currency. Weaker-than-expected U.S. labor market data raised the odds of a Fed rate cut to 18% for March, though consumer sentiment improved to a six-month high, limiting losses. Hawkish comments from Atlanta Fed's Raphael Bostic emphasized maintaining restrictive monetary policy. The dollar faces medium-term weakness amid expectations for rate cuts
Seagate (STX) stock jumps nearly 6% as Citi hikes target — what to watch next week

Seagate (STX) stock jumps nearly 6% as Citi hikes target — what to watch next week

7 February 2026
Seagate shares rose 5.9% to $429.32 Friday after Citigroup raised its price target to $480 and reiterated a buy rating. The gain ended a two-day slide but left the stock 6.6% below its Feb. 3 high. CEO Dave Mosley sold 20,000 shares on Feb. 2 under a pre-arranged plan, SEC filings show. U.S. jobs and inflation data next week are seen as key tests for tech stocks.
Cummins (CMI) stock price rebounds after earnings whipsaw as investors eye data-center power demand

Cummins (CMI) stock price rebounds after earnings whipsaw as investors eye data-center power demand

7 February 2026
Cummins shares jumped 6.8% to $577.73 Friday, recovering from a nearly 9% post-earnings drop the day before. The company reported Q4 revenue up 1% to $8.54 billion, took a $218 million charge tied to its hydrogen business, and guided for 2026 EBITDA of 17–18% of sales. Demand for data center generators offset weakness in North American truck markets. Analyst reaction was mixed; Truist raised its price target.
Corning stock hits first record close since 2000 as jobs, CPI data loom

Corning stock hits first record close since 2000 as jobs, CPI data loom

7 February 2026
Corning shares surged 8.3% to $122.16 Friday, their highest close since the dot-com era, after Meta agreed to buy up to $6 billion in fiber-optic cables. The stock is up 40% since late 2025, fueled by strong first-quarter guidance and AI data-center demand. Insiders sold shares following the rally, SEC filings show. Investors await next week’s U.S. jobs and inflation data for rate signals.
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