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Stock Market News 10 January 2026

Reliance stock set for Monday spotlight as Jio IPO talk collides with Q3 results countdown

Reliance stock set for Monday spotlight as Jio IPO talk collides with Q3 results countdown

Mumbai, Jan 11, 2026, 02:27 IST — Market closed Shares of Reliance Industries are likely to draw focus when Indian markets open Monday after a Reuters report said its telecom division, Jio Platforms, is planning an IPO this year. The deal would see Jio sell a 2.5% stake in the company. (Reuters) Reliance shares edged up 0.34% on Friday, finishing at 1,475.30 rupees. While the BSE Sensex slipped 0.72%, the heavyweight stock bucked the downward trend as the market headed into the weekend. (MarketWatch) Why this matters now: Reliance’s next moves are emerging as a crucial near-term indicator for investors
RBC stock: Eurasia Group pact and Canada jobs put two dates on investors’ radar

RBC stock: Eurasia Group pact and Canada jobs put two dates on investors’ radar

Toronto, Jan 10, 2026, 15:29 EST — Market closed. Royal Bank of Canada announced plans to launch a three-year strategic partnership with political risk consultancy Eurasia Group starting in 2026. On Friday, RBC’s U.S. shares slipped 0.2% to close at $169.19, while its Toronto-listed stock edged up 0.2% to C$235.52. (Fidelity Fixed Income) The deal comes as officials and companies gear up for the initial six-year joint review of the USMCA, the North American trade agreement, set for July 1, 2026. Trade policy is creeping back into market pricing, and cross-border lenders are once again fielding questions about the fallout
CATL stock: what to watch after an accounting switch filing and an AutoFlight deal

CATL stock: what to watch after an accounting switch filing and an AutoFlight deal

Shanghai, Jan 11, 2026, 04:41 (CST) — Market closed Contemporary Amperex Technology Co., Ltd. (CATL) announced it will switch to preparing financial reports solely under China’s accounting standards for both its Shenzhen and Hong Kong listings starting with its 2025 annual report. This marks the end of using International Financial Reporting Standards (IFRS) alongside. The company also revealed it will no longer appoint a separate overseas audit firm, according to a notice filed with the exchange. The change comes as CATL establishes its dual listing, aiming to streamline its disclosures. For investors in Hong Kong, this means they’ll see a
International Holding Company stock holds near 400 dirhams after phishing warning, with ADX shut for weekend

International Holding Company stock holds near 400 dirhams after phishing warning, with ADX shut for weekend

ABU DHABI, Jan 11, 2026, 00:33 GST — Market closed Shares of International Holding Company PJSC edged up 0.03% on Friday, finishing at 399.60 dirhams, according to data from StockAnalysis.com. The Abu Dhabi-based conglomerate had recently issued a warning about phishing emails impersonating the company. (StockAnalysis) The Abu Dhabi Securities Exchange remains closed for the weekend, reopening Monday morning. This pause is significant for IHC, a major player on the exchange, since offshore macro moves often impact Gulf stocks right at the open. (Emirates NBD Securities) U.S. job growth slowed more than anticipated in December, with the unemployment rate slipping
Nestle stock rebounds, but infant formula recall keeps investors on edge

Nestle stock rebounds, but infant formula recall keeps investors on edge

Zurich, January 10, 2026, 21:25 CET — Market closed Nestle (NESN.S) shares ended Friday 1.4% higher at 75.41 Swiss francs, narrowing their weekly drop to around 1.3% after hitting a low of 73.67 earlier in the week. Over the past year, the stock has fluctuated between 69.90 and 91.72. (Investing.com) The Swiss food group is grappling with new regulatory warnings as its infant-formula recall widens—a sensitive area where any quality issue hits hard. Ethiopia’s Food and Drug Authority announced Thursday that Nestlé pulled a batch of NAN Special Pro HA 0–12 (batch 51660742F3). The authority noted the product wasn’t registered
Why L’Oreal stock jumped 6% on a UBS upgrade — and what traders watch next

Why L’Oreal stock jumped 6% on a UBS upgrade — and what traders watch next

Paris, January 10, 2026, 21:37 (CET) — Market closed L’Oreal SA (OR.PA) shares last closed up 6.32% at 385.85 euros on Friday after UBS upgraded the French cosmetics group. The stock rose from 362.90 euros a day earlier and traded between 372.80 and 385.85 euros, leaving it about 5.5% below its 52-week high. (Investing.com) The rally matters now because it lands with investors already looking beyond the first weeks of January and toward L’Oreal’s annual results, where the company will set the tone for 2026. Big broker calls can shift positioning fast in a stock many funds hold for steadier
PetroChina A-Shares Rise as Oil Jumps; Traders Brace for Monday Shanghai Reopen

PetroChina A-Shares Rise as Oil Jumps; Traders Brace for Monday Shanghai Reopen

Shanghai, January 11, 2026, 04:22 GMT+8 — Market closed. PetroChina Co Ltd’s yuan-denominated Class A shares in Shanghai (601857.SS) last closed up 0.7% at 9.87 yuan on Friday. The stock traded between 9.73 and 10.04 yuan, with about 207.6 million shares changing hands. (StockAnalysis) Mainland markets are shut for the weekend, but the risk sits there anyway. Oil is moving on politics again, and PetroChina is a clean onshore proxy when traders want exposure without leaving the A-share tape. That matters now because crude has started to swing more sharply, and the gap from Friday’s close to Monday’s open can
RTX stock set for Monday test after Trump order puts buybacks, dividends in play

RTX stock set for Monday test after Trump order puts buybacks, dividends in play

New York, January 10, 2026, 15:25 EST — Market closed Defense contractors are scrambling for legal counsel after President Donald Trump signed an executive order linking share buybacks, dividends, and executive pay to weapons delivery timelines—putting RTX (NYSE: RTX) under the spotlight ahead of tomorrow’s session. The order gives the Secretary of War 30 days to identify contractors lagging on schedules and demands board-approved plans to fix delays. Franklin Turner, an attorney at McCarter & English, said the real kicker is the threat of payment freezes and contract cancellations. Big players like RTX, Lockheed Martin, and Northrop Grumman have dished
Philip Morris stock rises as UBS flags 2026 growth risks — what PM investors watch next

Philip Morris stock rises as UBS flags 2026 growth risks — what PM investors watch next

New York, January 10, 2026, 14:52 EST — Market closed. Philip Morris International shares climbed for a second day on Friday, closing up 2.39% at $162.61. Volume hit roughly 4.4 million shares, falling short of the stock’s 50-day average. The S&P 500 and Dow also finished higher. (MarketWatch) Why it matters now: PM has shifted into a smoke-free growth play in an industry usually defined by cash flow and regulation. Any sign of weakening demand or pricing power tends to hit the stock quickly. UBS analyst Faham Baig stuck with a Neutral rating and kept his $158 price target on
Merck stock: $32 billion Revolution Medicines talks and vaccine-policy shift set up a busy week for MRK

Merck stock: $32 billion Revolution Medicines talks and vaccine-policy shift set up a busy week for MRK

New York, Jan 10, 2026, 14:37 EST — Market closed Merck & Co (MRK) closed Friday 0.4% lower at $110.53 following reports that the pharmaceutical giant is negotiating to acquire cancer drug developer Revolution Medicines in a deal valued between $28 billion and $32 billion. (Reuters) Timing is crucial. As Merck faces patent losses on its blockbuster cancer drug Keytruda later this decade, it’s searching for new growth drivers. A deal of this magnitude would sharply indicate just how aggressive the company intends to get. The week also arrives with investors gearing up for policy turbulence tied to vaccines and
Lam Research stock pops on Mizuho target raise as Wall Street eyes Jan. 28 earnings call

Lam Research stock pops on Mizuho target raise as Wall Street eyes Jan. 28 earnings call

NEW YORK, Jan 10, 2026, 14:59 ET — Market closed. Lam Research Corp’s stock jumped 8.7% in the final U.S. session, closing at $218.36. The surge came after Mizuho raised its price target on the chipmaking equipment firm from $200 to $220. The PHLX semiconductor index, a key barometer for chip stocks, climbed 2.7% to reach a new record high. (Reuters) The timing is key as investors return to rate-sensitive growth stocks following a mixed U.S. jobs report that left bets on Fed cuts this year intact. “Payrolls were a little bit light relative to consensus, but still fairly strong
Novo Nordisk Class B stock rises after Amazon adds Wegovy pill — what to watch before earnings

Novo Nordisk Class B stock rises after Amazon adds Wegovy pill — what to watch before earnings

Copenhagen, Jan 10, 2026, 20:43 CET — The market has closed. Novo Nordisk A/S Class B shares (NOVOb.CO) rose 3% on Friday after Amazon Pharmacy announced it had started selling the company’s Wegovy weight-loss pill, expanding availability for U.S. patients just days following the drug’s market debut. The Copenhagen-traded stock closed at 381.45 Danish crowns. (Reuters) The launch of Amazon’s new channel is crucial, as those initial weeks often shape prescription growth and pricing control. Investors have swiftly knocked stocks at the first hint of weakening demand or discounts extending past just starter doses. It also places a busy storefront

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, 12:58 AM EST Crude Oil Prices Rise on Dollar Weakness, Geopolitical Tensions February 7, 2026, 12:52 AM EST. Crude oil prices edged higher on Friday, supported by a weaker U.S. dollar and escalating geopolitical risks in the Middle East. March WTI crude gained 0.41%, rebounding from early losses, while gasoline prices rose 1.38%. Doubts over a U.S.-Iran nuclear deal loom after reports of Iran's refusal to halt uranium enrichment, raising the risk of military action and potential disruption of vital shipping routes. Additionally, a surge in U.S. consumer
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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