Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz
8 February 2026
24 mins read

Stock Market Today 08.02.2026


LIVEMarkets rolling coverageStarted: Updated:

Crude Oil Prices Rise Amid Dollar Weakness and Middle East Geopolitical Tensions

February 8, 2026, 1:12 AM EST. Crude oil prices gained as the U.S. dollar weakened and geopolitical tensions escalated in the Middle East. March WTI crude futures rose 0.41%, supported by doubts over a breakthrough in U.S.-Iran nuclear talks. Iran's stance on uranium enrichment keeps supply risks high amid potential military strikes. Positive U.S. consumer sentiment also supported demand outlook. President Trump's statements about readiness to act militarily and tariff rollbacks on India further influenced prices. Increased Venezuelan crude exports add supply pressure but are offset by ongoing Russian-Ukraine tensions, which maintain sanctions on Russian oil. The International Energy Agency trimmed its 2026 global supply surplus forecast, while the U.S. Energy Information Administration raised its U.S. crude output estimate. Overall, market forces reflect a complex interplay of geopolitical risks and shifting supply-demand fundamentals impacting oil prices.

Wheaton Precious Metals CEO Succession and Valuation Analysis

February 8, 2026, 1:01 AM EST. Wheaton Precious Metals (TSX:WPM) announced Haytham Hodaly will become CEO on March 31, 2026, with Randy Smallwood moving to non-executive Chair. The stock has surged nearly 30% in 90 days and posted a 98% one-year total return. Despite this momentum, shares trade about 22% below an analyst's fair value estimate of CA$190.41. The company boasts strong finances with CA$1 billion cash and a CA$2 billion undrawn credit facility, underpinning growth prospects. However, its price-to-earnings (P/E) ratio of 61.7 times far exceeds the peer average of 30.7 times, signaling high market expectations that could amplify downside risk if metals prices or sentiment weaken. Investors face a choice: price in optimistic growth or heed rich multiples that leave little margin for error.

Natural Gas Prices Drop Amid Warmer Forecast and Rising U.S. Production

February 8, 2026, 12:59 AM EST. March Nymex natural gas prices fell 2.48% on Friday, retreating from early gains as forecasts indicated above-normal temperatures across the U.S. Midwest and South through February 20, reducing heating demand. The Baker Hughes report showed U.S. active gas drilling rigs hit a 2.5-year high at 130, signaling increased near-term production and adding downward pressure on prices. This follows a surge to a three-year peak last week, triggered by Arctic cold that disrupted supply and boosted demand. Despite this, U.S. dry gas production stood at 112.6 billion cubic feet per day, up 6.2% year-on-year, while January 30 inventory draws indicated tighter supplies. Overall, warmer weather and higher rig counts challenge recent upward price momentum amid volatile market conditions.

Yellow Pages Limited (Y:CA) Long Term Investment Analysis and AI Signals

February 8, 2026, 12:57 AM EST. Yellow Pages Limited (Y:CA) shows a strong long-term rating according to the latest AI-generated signals dated February 8, 2026. Investors are advised to consider buying near 12.27 Canadian dollars with a stop loss at 12.21 to manage downside risk. The AI model indicates a weak mid-term rating, suggesting potential volatility or mixed signals in the medium horizon. No short selling plans are recommended for now, reflecting cautious optimism. Updated trading signals use artificial intelligence to refine entry and exit points. The report highlights a strategic focus on long-term holding amid current market conditions for Yellow Pages Limited.

Australian Shares Set for Volatile Earnings Season Amid Market Sensitivity

February 8, 2026, 12:49 AM EST.Australian stock markets face heightened volatility as earnings season kicks off with little room for error. Analysts warn that even a 1% earnings miss could trigger sharp price swings, stripping away previous insulation from market shocks. This turbulence reflects the removal of 'shock absorbers' in share prices, signaling an unpredictable three weeks ahead for investors. Anthony Macdonald, business journalist and Chanticleer columnist, forecasts significant fluctuations likely exceeding historical norms. Market watchers should prepare for a wild ride as companies report results amid this fragile environment.

Magna International Share Price Rebounds Amid Valuation Debate

February 8, 2026, 12:47 AM EST. Magna International (TSX:MG) shares have risen 6% in the past week but face mixed signals in valuation. The stock closed at CA$73.80, slightly above an 8.29% discounted fair value estimate of CA$69.18 based on earnings multiples, suggesting it may be about 7% overvalued. However, a contrasting discounted cash flow (DCF) model values Magna at CA$94.25, implying a 22% discount and potential upside. The company aims for margin expansion through operational improvements and restructuring, expected to enhance net margins and earnings over two years. Risks include weak vehicle production in key markets and currency fluctuations. Investors face a choice between trusting traditional earnings multiples or long-range cash flow projections in assessing Magna's growth prospects.

National Fuel Gas (NFG) Stock Valuation Indicates 11% Undervaluation Despite Recent Gains

February 8, 2026, 12:45 AM EST. National Fuel Gas (NFG) shares rose 22.3% over the past year, with gains of 9.4% in the last 30 days and 2.4% over the past week. The company operates as an integrated natural gas business, combining utility and upstream assets, attracting investor attention seeking stability and income. A Discounted Cash Flow (DCF) analysis, which forecasts future cash flows and discounts them to present value, estimates NFG's intrinsic value at $96.66 per share. Given its recent price of $85.77, this implies an 11.3% undervaluation, suggesting potential upside. Despite multi-year gains surpassing 60% over three years and nearly 129% over five years, the DCF signals room for further appreciation. Investors weigh valuation metrics like cash flow and price-to-earnings ratios to assess stock value amid sector reassessment.

Dollar Falls Amid Stock Market Rally and Hawkish Fed Comments

February 8, 2026, 12:43 AM EST. The U.S. dollar index dropped by 0.19% on Friday as equities rallied sharply, reducing the demand for the dollar as a liquidity asset. Despite hawkish Federal Reserve statements emphasizing the need for restrictive monetary policy to combat inflation, the dollar's decline was influenced by weaker U.S. labor market data and expectations of a 19% chance of a Fed rate cut next month. The University of Michigan's consumer sentiment index rose unexpectedly, while inflation expectations remained mixed. Euro gains were supported by better-than-expected German trade figures, offsetting a decline in industrial production. The dollar faces ongoing pressure from fiscal concerns and political divides in the U.S., with markets anticipating divergent central bank policies through 2026.

BMO Monthly Income ETF (ZMI) Stock Analysis and Trading Signals – Feb 2026

February 8, 2026, 12:41 AM EST. The BMO Monthly Income ETF (ZMI:CA) shows a strong near-term rating but a weak mid-term and neutral long-term outlook as of February 8, 2026. Trading plans advise buying near $18.17 with a tight stop loss at $18.08. No short positions are recommended. These AI-generated signals offer updated insights for investors focusing on income ETFs. Investors should act on the near-term strength while watching for potential shifts in the mid and long term.

Magna International (TSX:MG) Shares Show Mixed Performance; DCF Suggests Undervaluation

February 8, 2026, 12:28 AM EST. Magna International (TSX:MG) closed at CA$73.80, reflecting a 6.0% gain over 7 days but a 5.6% decline over 30 days. The stock is down 1.6% year to date, up 40.3% over one year, yet down 11.5% over five years, giving a mixed performance picture. Analysts highlight shifting auto sector dynamics affecting investor sentiment. A Discounted Cash Flow (DCF) model estimates Magna's intrinsic value at CA$94.25 per share, implying a 21.7% undervaluation compared to its recent price, suggesting potential upside. Price-to-Earnings (P/E) ratio analysis is ongoing to assess market willingness to pay for current earnings. The mixed returns reflect investor adaptation to supply chain and demand changes, with Magna's valuation diverging from peers despite solid long-term returns.

Nearly 20% of FTSE 100 CEOs Reside Outside the UK

February 8, 2026, 12:25 AM EST. Almost a fifth of CEOs leading FTSE 100 companies live outside the United Kingdom, marking a significant shift in corporate leadership geography. This trend reflects the increasing globalization of Britain's top businesses. The FTSE 100, representing the 100 largest companies listed on the London Stock Exchange, has seen growing international executive influence. Analysts point to this as evidence of the UK's evolving corporate landscape post-Brexit. The presence of foreign-resident CEOs could impact company strategies, regulatory considerations, and shareholder relations. Investors and market watchers should monitor how this change affects governance and business operations in the UK's biggest firms.

Sprinklr (CXM) Undervalued Amid Share Price Drop, AI Growth Potential Assessed

February 8, 2026, 12:11 AM EST. Sprinklr (CXM) shares hover near $6, reflecting a 21% drop over 30 days and nearly 31% decline year-to-date. Despite negative returns stretching back three years, some analysts see an intrinsic value of around $11, suggesting the stock may be undervalued. The AI-driven customer experience platform is integrating advanced AI functionalities across marketing and customer service products to capitalize on rising demand for AI-powered analytics. Key risks include potential customer churn and margin pressure from AI and cloud costs. Investors are reassessing plantform growth versus risks amid fading sentiment, making this a focal point for those judging AI sector opportunities.

Banks Urge Faster European IPO Processes to Mitigate Market Risk

February 8, 2026, 12:10 AM EST. Major banks are advocating for accelerated initial public offerings (IPOs) in Europe to reduce exposure to market volatility. Delays in the IPO process can increase risk for both issuers and investors amid fluctuating market conditions. By speeding up regulatory approvals and listing procedures, banks aim to provide a more efficient path to capital markets. This push highlights growing concerns about unpredictable market swings impacting valuation and investor demand during prolonged IPO timelines. Industry participants believe faster execution could bolster market confidence and support European equity issuance.

Stock Market Today

REA Group share price slides after $200m buyback plan — what ASX investors watch next

REA Group share price slides after $200m buyback plan — what ASX investors watch next

8 February 2026
REA Group shares fell 7.8% to A$168.10 after its half-year update showed a 6% rise in EBITDA and a 9% gain in core net profit, but a 24% drop in reported net profit. The company flagged softer listing volumes and announced a A$200 million buyback starting Feb. 23. Interim dividend is A$1.24 per share, ex-dividend March 3. Investors cited pressure from weaker listings and rising costs.
NAB share price in focus after Friday slide as rate rises and bank updates loom

NAB share price in focus after Friday slide as rate rises and bank updates loom

8 February 2026
National Australia Bank shares closed down 1.6% at A$43.36 on Friday after the S&P/ASX 200 fell nearly 2%, its worst session in almost a year. NAB, CBA, and Westpac will raise variable mortgage rates by 0.25% following the Reserve Bank’s hike to 3.85%. Key sector results are due from CBA on Feb. 11, Westpac on Feb. 13, and NAB on Feb. 18.
CSL Limited stock in focus: what to watch before Monday as half-year results loom

CSL Limited stock in focus: what to watch before Monday as half-year results loom

8 February 2026
CSL Ltd shares closed at A$180.50 on Friday, down 0.4%, ahead of its half-year results due Feb. 11. Around 1.23 million shares changed hands as the S&P/ASX 200 slid 2%. The company last cut its outlook in October, citing weaker U.S. flu vaccine demand. Investors await Wednesday’s update and interim dividend decision.
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