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Stock Market News 2 January 2026

TSX’s blockbuster 2025 sets up 2026 — and this 8.7%-yield REIT is back in focus

TSX’s blockbuster 2025 sets up 2026 — and this 8.7%-yield REIT is back in focus

TORONTO, Jan 2, 2026, 10:48 ET Canada’s benchmark S&P/TSX Composite Index finished 2025 with its biggest annual gain in more than 15 years, setting a high bar for markets as trading resumes in 2026. The jump matters now because the TSX’s outsized run was powered by sectors that can swing quickly, leaving investors reassessing where returns will come from next. It is also pushing more attention toward cash-paying stocks, where yields — the annual payout as a percentage of the share price — can look compelling even as growth expectations cool. The TSX ended the final session of 2025 down
2 January 2026
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Pfizer stock slips before the bell as 2026 drug price hikes put PFE back in focus

Pfizer stock slips before the bell as 2026 drug price hikes put PFE back in focus

NEW YORK, Jan 2, 2026, 09:18 ET — Premarket Pfizer Inc shares fell 0.4% to $24.90 in premarket trading on Friday after a Reuters report said the drugmaker plans to raise U.S. list prices on around 80 medicines in 2026. Reuters The pricing moves matter now because January is when drugmakers typically reset U.S. list prices, a closely watched “sticker price” that can shape political scrutiny and payer negotiations. They also land as the Trump administration presses manufacturers to lower U.S. drug costs, putting any annual price round under a brighter spotlight than in prior years. A drug’s list price
2 January 2026
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Cisco stock slips as CSCO turns ex-dividend; what investors are watching next

Cisco stock slips as CSCO turns ex-dividend; what investors are watching next

NEW YORK, January 2, 2026, 11:37 ET — Regular session Shares of Cisco Systems, Inc. (CSCO) fell about 1% to $76.23 in late morning trading on Friday, after sliding as much as 1.9% earlier in the session. The move comes as Cisco trades ex-dividend, meaning buyers purchasing the stock on or after that date are not eligible for the next payout. Cisco’s upcoming cash dividend is $0.41 per share, with payment due on January 21, Fidelity data showed. The broader market was mixed, leaving the ex-dividend adjustment more visible in a large, liquid name like Cisco. The S&P 500 tracker
2 January 2026
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Apple, Amazon, Google stocks in focus as Alphabet filings surface and charts turn bullish

Apple, Amazon, Google stocks in focus as Alphabet filings surface and charts turn bullish

NEW YORK, Jan 2, 2026, 11:02 ET Alphabet (GOOGL) shares rose about 1% on Friday as investors returned for the first U.S. trading session of 2026 and zeroed in on mega-cap technology names. Apple (AAPL) edged higher, while Amazon.com (AMZN) slipped. The moves matter because these companies are among the biggest weights in the Nasdaq and S&P 500. Even modest swings can tug on index levels and shape risk sentiment early in the year. Liquidity remains uneven after the holiday break, when fewer market participants are active. That can make short-term chart signals and headlines feel louder than usual. In
2 January 2026
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Rocket Lab stock today: RKLB rises as cash-burn warning meets a new-year reset

Rocket Lab stock today: RKLB rises as cash-burn warning meets a new-year reset

NEW YORK, Jan 2, 2026, 11:25 ET — Regular session Rocket Lab shares rose 1.4% to $70.75 by 11:12 a.m. ET, after a volatile stretch that left the stock below its recent 52-week high. The move matters because Rocket Lab has become one of the most actively traded U.S.-listed space names, and expectations are high heading into 2026. Bulls point to growing defense work, while skeptics focus on how quickly the company can narrow losses as it builds out its next rocket program. That tension is front and center early in the year, when investors tend to re-price risk and
2 January 2026
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Adobe stock drops more than 4% as new bull case says AI fears are overdone

Adobe stock drops more than 4% as new bull case says AI fears are overdone

NEW YORK, Jan 2, 2026, 11:13 ET Adobe shares slid about 4.4% on Friday morning, turning lower after opening near the prior close in a broad pullback across big software names. Salesforce and Autodesk were also down, while Microsoft slipped about 2%. The move keeps attention on one of the market’s live debates heading into 2026: whether generative AI — software that can create images, text or video from simple prompts — will erode demand for Adobe’s paid creative tools, or reinforce them by speeding up work for professionals. Investors are watching for proof that AI features can become recurring,
2 January 2026
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Goldman Sachs stock rises more than 2% today as traders eye jobs data and bank earnings

Goldman Sachs stock rises more than 2% today as traders eye jobs data and bank earnings

NEW YORK, January 2, 2026, 11:38 ET — Regular session Goldman Sachs (GS) shares rose 2.1% to $897.16 in late morning trading on Friday, after moving between $880.82 and $897.16. The gains came as Wall Street opened 2026 on firmer footing, with technology stocks rebounding after late-December losses and investors tracking fresh tariff headlines from President Donald Trump’s administration. Reuters The early move matters because a busy January calendar is about to test risk appetite and interest-rate expectations that have underpinned equities. “The market is looking for direction,” said Matthew Maley, chief market strategist at Miller Tabak, in a note
2 January 2026
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Stock market today: S&P 500, Nasdaq start 2026 higher as tech rebounds; Intuit sinks on co-founder sale

Stock market today: S&P 500, Nasdaq start 2026 higher as tech rebounds; Intuit sinks on co-founder sale

NEW YORK, Jan 2, 2026, 11:33 ET U.S. stocks rose on Friday, the first trading day of 2026, as investors returned to heavyweight technology names. Intuit fell after a regulatory filing showed co-founder and director Scott Cook sold shares. The opening moves matter because money managers often reset portfolios at the start of the year, amplifying early swings. Investors are also testing whether the 2025 rally — powered in part by enthusiasm around artificial intelligence — can carry into January. Wall Street is coming off a late-December pullback that undercut expectations for a “Santa Claus rally,” a seasonal pattern of
2 January 2026
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UiPath stock slides on S&P MidCap 400 debut as CEO share sales surface

UiPath stock slides on S&P MidCap 400 debut as CEO share sales surface

NEW YORK, January 2, 2026, 11:30 ET — Regular session UiPath, Inc. shares fell about 4% on Friday, sliding to $15.74 in midday trading after swinging between $16.85 and $15.50. The automation software maker’s stock (PATH) was last down 65 cents at 11:30 a.m. ET. The decline comes as Wall Street digests a technical catalyst: UiPath’s addition to the S&P MidCap 400 index, a benchmark for U.S. mid-sized companies. Index changes can drive heavy, short-lived trading as funds that track the benchmark rebalance. That matters now because the bulk of index-linked buying and selling tends to cluster around the effective
2 January 2026
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Telus dividend paid today keeps 9.5% yield in spotlight as investors weigh debt, safer alternatives

Telus dividend paid today keeps 9.5% yield in spotlight as investors weigh debt, safer alternatives

TORONTO, Jan 2, 2026, 10:57 ET TELUS Corp’s U.S.-listed shares were little changed on Friday as the Canadian telecom paid its latest quarterly dividend, keeping its near-10% dividend yield in focus for income investors at the start of 2026. TELUS The payout lands as investors reassess high-yield stocks after a stretch in which rate-sensitive names and heavily indebted companies have struggled to keep their appeal. In TELUS’ case, the yield has swelled largely because the share price has fallen, sharpening the debate over whether the stock is a value opportunity or a warning sign. TELUS said its board declared a
2 January 2026
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Boeing (BA) stock jumps today as $2.7 billion Apache support deal kicks off 2026 trading

Boeing (BA) stock jumps today as $2.7 billion Apache support deal kicks off 2026 trading

NEW YORK, Jan 2, 2026, 11:27 ET — Regular session Boeing shares climbed about 2.7% on Friday, buoyed by renewed risk appetite on Wall Street and attention on a fresh U.S. defense award. The stock was last up $5.79 at $222.91 in New York trading. Reuters The move matters because Boeing is entering 2026 still under investor pressure to prove it can translate a large backlog into steadier deliveries and cash. Defense and services contracts can offer longer-dated revenue visibility even when commercial aircraft output is constrained. Reuters Broader markets also helped. “The next Fed Chair is probably going to
2 January 2026
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Costco stock slips today as December sales report nears; insider filing in focus

Costco stock slips today as December sales report nears; insider filing in focus

NEW YORK, Jan 2, 2026, 11:08 ET — Regular session Costco Wholesale Corp shares fell 0.5% to $857.91 in morning trade on Friday, giving back ground as U.S. stocks began 2026 on firmer footing. The move matters because Costco’s monthly sales update next week is one of the first hard reads on holiday demand from a major U.S. retailer, and investors use it to gauge momentum before the next earnings report. Traders were also scanning insider-trading disclosures after a senior executive reported share sales at the end of 2025, a period when many funds rebalance positions around the year turn.
2 January 2026
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Stock Market Today

Broadcom Stock Gets a Google AI Spend Lift as Jefferies Sees 60% Upside

Broadcom Stock Gets a Google AI Spend Lift as Jefferies Sees 60% Upside

7 February 2026
Google raised its 2026 capital expenditure forecast to $175 billion–$185 billion, with most spending expected on data-center chips. Broadcom shares rose about 2% after the announcement, while Nvidia and AMD slipped. Jefferies reiterated a buy rating on Broadcom, maintaining a $500 price target, implying a 62% upside from Wednesday’s close.
No $2,000 IRS stimulus check is coming in February 2026 — but Trump’s tariff-check talk keeps the rumors alive

No $2,000 IRS stimulus check is coming in February 2026 — but Trump’s tariff-check talk keeps the rumors alive

7 February 2026
The IRS has not announced new federal stimulus payments for February 2026, and Congress has not approved fresh checks. Trump told NBC he is considering $2,000 tariff rebate checks but has not committed, saying any payout would likely come later in 2026. The IRS warns taxpayers to ignore texts and emails about “stimulus payments” and verify notices through official channels.
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