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Stock Market 29 December 2025

Eli Lilly stock steadies into Monday as $55 million ABL Bio funding keeps pipeline in focus

Eli Lilly stock steadies into Monday as $55 million ABL Bio funding keeps pipeline in focus

Eli Lilly shares closed at $1,077.75, up $0.55, after ABL Bio announced it will receive $40 million upfront and a $15 million equity investment from Lilly under a research deal. The agreement follows a broader pact valued at up to $2.6 billion. Investors are watching for 2026 regulatory decisions on Lilly’s obesity drug pipeline. The S&P 500 and Dow slipped slightly on Friday.
JPMorgan stock slips ahead of Fed minutes and its Jan. 13 earnings report

JPMorgan stock slips ahead of Fed minutes and its Jan. 13 earnings report

JPMorgan Chase shares closed down $1.26, or 0.4%, at $327.91 Friday as U.S. financial stocks eased ahead of year-end. The Federal Reserve has cut rates by 75 basis points since September, with minutes from its December meeting due Tuesday. Investors are watching for signals on 2026 rate cuts and awaiting JPMorgan’s results on Jan. 13. The S&P 500 sits about 1% below 7,000.
Nike stock edges higher as UBS flags improving brand signals — what investors watch next

Nike stock edges higher as UBS flags improving brand signals — what investors watch next

Nike shares closed at $60.93, up 1.5% after UBS reiterated a Neutral rating and $62 price target, citing survey data showing improved brand indicators. Nike’s gross margin fell to 40.6% last quarter, with diluted EPS at $0.53. CFO Matthew Friend said U.S. tariffs on Southeast Asian goods will cost $1.5 billion this year. Nike faces rising competition and ongoing pressure on profitability.
29 December 2025
Citi stock slips into year-end as traders eye Fed minutes and the next chair call

Citi stock slips into year-end as traders eye Fed minutes and the next chair call

Citigroup shares closed down 0.9% at $120.42 in a quiet post-holiday session Friday, trading between $119.69 and $122.03 on volume of 10.6 million shares. Investors are awaiting Federal Reserve meeting minutes due Tuesday and President Donald Trump’s expected Fed chair nomination. The S&P 500 slipped 0.03%, the Dow fell 0.04%, and the Nasdaq eased 0.09%. Citi reports fourth-quarter results Jan. 14.
Strategy stock ends flat as bitcoin steadies near $88,000 heading into Monday

Strategy stock ends flat as bitcoin steadies near $88,000 heading into Monday

Strategy Inc closed nearly flat at $158.81 on Friday after swinging between $154.12 and $159.91 in thin post-holiday trading. Bitcoin hovered near $87,834 on Sunday, drawing focus ahead of Monday’s open. Coinbase fell 1.2%, while Marathon Digital and Riot Platforms each dropped over 3% on Friday. U.S. stock markets will be closed on New Year’s Day, with bond markets shutting early on Dec. 31.
Netflix stock edges up into year-end as Fed minutes, Warner deal stay in focus

Netflix stock edges up into year-end as Fed minutes, Warner deal stay in focus

Netflix shares closed up 0.9% at $94.47 Friday, outperforming Disney and Warner Bros. Discovery, as investors weighed risks around its $72 billion deal for Warner’s studio and streaming assets. The company replaced part of its bridge loan with a $5 billion credit facility and two $10 billion term loans. U.S. stocks remain near record highs ahead of Fed minutes due Tuesday. Netflix reports earnings Jan. 20.
Oracle stock holds near $200 as year-end Fed minutes loom and AI spending worries linger

Oracle stock holds near $200 as year-end Fed minutes loom and AI spending worries linger

Oracle shares closed up 0.25% at $197.99 Friday, then slipped to $196.90 after hours. The company forecast third-quarter revenue growth of 16% to 18% and adjusted profit of $1.64 to $1.68 per share, both below analyst estimates. Oracle plans to raise fiscal 2026 capital spending by $15 billion to expand AI cloud capacity. Remaining performance obligations rose 15% to $523 billion but missed some forecasts.
BP cashes in on Castrol: $10.1 billion Stonepeak deal sets up Castrol India share offer

BP cashes in on Castrol: $10.1 billion Stonepeak deal sets up Castrol India share offer

Stonepeak will buy 65% of BP’s Castrol lubricants business, valuing it at $10.1 billion. BP expects about $6 billion in net proceeds and will keep a 35% stake through a joint venture. Stonepeak and CPP Investments plan a mandatory open offer for Castrol India at 194.04 rupees per share after the global deal closes. The transaction is expected to complete by the end of 2026.

Stock Market Today

  • BIS Highlights Rising Global Risks from Debt, AI Boom, and Financial Fragilities
    June 28, 2026, 5:26 AM EDT. The Bank for International Settlements (BIS) warns that escalating global public debt, financial system weaknesses, and the rapid expansion of artificial intelligence (AI) heighten economic risks worldwide. BIS stresses the importance of disciplined policymaking to manage these challenges amid uncertainty surrounding the sustainability of the AI-driven growth.

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

US Stock Market Today: Live Updates 28.06.2026

28 June 2026
LIVEMarkets rolling coverageStarted: June 28, 2026, 4:00 AM EDTUpdated: June 28, 2026, 5:26 AM EDT BIS Highlights Rising Global Risks from Debt, AI Boom, and Financial Fragilities June 28, 2026, 5:26 AM EDT. The Bank for International Settlements (BIS) warns that escalating global public debt, financial system weaknesses, and the rapid expansion of artificial intelligence (AI) heighten economic risks worldwide. BIS stresses the importance of disciplined policymaking to manage these challenges amid uncertainty surrounding the sustainability of the AI-driven growth. BIS says debt, AI boom and fragilities raise global risks Technical Indicators Point to 3-Wave Correction in S&P 500 June
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