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LIVE MARKETS-Emerging markets to outrun Wall Street in 2026, HSBC says
Main US indexes decline; Dow off most, down ~0.8%Financials weakest S&P 500 sector; Energy leads gainersDollar gains; bitcoin, crude both rally >2.5%; gold slipsUS 10-Year Treasury yield edges down to ~4.17%Welcome to the home for real-time coverage of markets brought to you by Reuters report...Reuters
Tue, Jan 13
Adobe falls as Oppenheimer cuts to 'perform' on slowing digital media growth
Photoshop maker Adobe's ADBE.O shares fall 5.9% to $308.40Oppenheimer downgrades to "perform" from "outperform"Brokerage notes co's digital media business will slow further in FY25, due to "a challenging operating environment during the AI technology transition leading to...Reuters
Tue, Jan 13
Travere shares fall as US FDA extends review of rare kidney disease drug
By Siddhi Mahatole and Sahil PandeyJan 13 (Reuters) - The U.S. Food and Drug Administration has extended its review for the expanded use of Travere Therapeutics’TVTX.O drug to treat a type of rare kidney disorder, the drugmaker said on Tuesday, sending its shares nearly 20% down in afternoon trade....Reuters
Tue, Jan 13
JPMorgan says Trump's credit card cap would hurt consumers and the economy
JPMorgan execs warn Trump's cap could limit credit accessIndustry surprised by Trump's social media announcementSome research suggests banks could easily absorb rate cutBy Saeed Azhar, Manya Saini and Arasu Kannagi Basil Jan 13 (Reuters) - Top JPMorgan JPM.N executives including CEO Jamie...Reuters
Tue, Jan 13
Option Care Health jumps after positive preliminary Q4 results, buyback boost
Shares of home healthcare services provider Option Care Health OPCH.O up 9.2% on Tues to $35.01 after preliminary Q4 results topped Wall Street's expectations, and co doubled its stock buyback programOPCH hits highest since Mar and stock on track for biggest daily pct gain in exactly one yearBan...Reuters
Tue, Jan 13
UBS raises PT on Five Below to $255
UBS raises PT on discount retailer Five Below FIVE.O to $255 from $210, a 25.2% upside to the stock's last closeBrokerage says retailer will continue to generate outsized demand in 2026We believe this will be driven by its broad-based strength, low-risk/high-impact opportunities, and ongoing str...Reuters
Tue, Jan 13
LIVE MARKETS-US earnings season off to a mixed start
Nasdaq edges red, S&P 500 dips, Dow declines ~0.75%Financials weakest S&P 500 sector; Energy leads gainersDollar gains; bitcoin, crude both rally >2.5%; gold slipsUS 10-Year Treasury yield edges down to ~4.17%Welcome to the home for real-time coverage of markets brought to you by Reuters ...Reuters
Tue, Jan 13
Reddit jumps on implementing fix for platform-wide errors
Shares of social media platform Reddit RDDT.N rise 6.1% to $259.01 in afternoon tradingCo says issue with elevated errors across Reddit.com and native apps has been identified and a fix is being implementedEarlier, Downdetector showed Reddit down for 77,279 users in U.S. as of 11:46 a.m. ETRDDT stoc...Reuters
Tue, Jan 13
Delta leans on premium flyers for 2026 growth, orders Boeing 787s
Delta sees 20% earnings growth in 2026Airline doubles down on premium strategyOrders Boeing 787-10s to diversify widebody fleetShares fall 3%By Rajesh Kumar Singh and Shivansh Tiwary CHICAGO, Jan 13 (Reuters) - Delta Air Lines DAL.N on Tuesday forecast earnings growth of about 20% in 2026, fueled...Reuters
Tue, Jan 13
Arthur J. Gallagher slips after BMO downgrades on growth concerns
Shares of insurance broker Arthur J. Gallagher AJG.N down 2.88% at $257.22BMO downgrades AJG to "market perform" from "outperform"Brokerage also cuts PT to $275 from $289, which is still a 3.8% upside to the stock's last closeBrokerage cites concerns around profit margins and org...Reuters
Tue, Jan 13
UK's FTSE 100 ends flat amid mixed corporate updates, US inflation data
FTSE 100 down 0.03%, FTSE 250 down 0.47%Oil and defence stocks rise on Iran, Venezuela supply worriesUK inflation expectations fall, but BoE concerns persistSmith & Nephew weighs on the index of medical equipment makers Jan 13 (Reuters) - The UK's FTSE 100 ended largely unchanged on Tuesd...Reuters
Tue, Jan 13
US STOCKS-Wall St drops as JPMorgan's warning on credit card rate-cap proposal hurts financials
Indexes down: Dow 0.7%, S&P 500 0.3%, Nasdaq 0.2%JPMorgan Chase beats estimates for Q4 profitDelta Air profit forecast disappointsDecember CPI rises 2.7% YoYBy Medha Singh and Pranav Kashyap Jan 13 (Reuters) - U.S. stock indexes fell on Tuesday, pressured by financials after JPMorgan caut...Reuters
Tue, Jan 13
U.S. Bancorp deepens capital markets presence with up to $1 billion BTIG buy
By Arasu Kannagi Basil and Pritam BiswasJan 13 (Reuters) - U.S. Bancorp USB.N said on Tuesday it would buy Wall Street brokerage BTIG for up to $1 billion in cash and stock, snapping up a partner to bolster its capital markets presence.The deal will help the lender tap into BTIG's strengths in i...Reuters
Tue, Jan 13
Chipotle drops after abrupt executive departures
Shares of Chipotle Mexican Grill CMG.N are down 3.37% at $38.99 after the restaurant company announced the abrupt departure of Chris Brandt, president and chief market officer, and Roger Theodoredis, chief legal officer and general counselCMG is set to snap seven consecutive sessions of gainsStephan...Reuters
Tue, Jan 13
CANADA STOCKS-TSX climbs to new peak on mining, energy boost
TSX rises 0.2%, set for fourth straight day of gains Materials sub-index hits record high, up 1.2%US consumer prices rise in DecemberBy Utkarsh Hathi Jan 13 (Reuters) - Canada's main stock index inched to a record high on Tuesday, driven by gains in energy and mining stocks, while investor...Reuters
Tue, Jan 13
LIVE MARKETS-Silver leapfrogs Nvidia in market value, joins gold at the top
Wall Street main indexes red; Dow, off ~0.6%, leads lossesFinancials weakest S&P 500 group; Energy leads gainersEuro STOXX 600 index edges down 0.12% Dollar, gold gain; bitcoin up >2%, crude up almost 3%US 10-Year Treasury yield edges down to ~4.18%Welcome to the home for real-time coverage o...Reuters
Tue, Jan 13
PRECIOUS-Gold hits record as inflation data cements Fed rate cut bets; silver sets new high
Trump says inflation data means Fed can cut interest ratesAnalyst warns of sharp swings in silver as bullish market bias persistsBy Anmol Choubey Jan 13 (Reuters) - Gold hit a record high on Tuesday, as U.S. inflation data cemented bets on Federal Reserve rate cuts this year and persistent geopol...Reuters
Tue, Jan 13
GLOBAL MARKETS-Stocks mixed as inflation bolsters rate cut bet; geopolitics, Fed in focus
Stocks mixed after inflation dataDollar pares gainsOil surges on Iran troublesEarnings season kicks off with big US banksBy Isla Binnie and Amanda Cooper Jan 13 (Reuters) - Wall Street indexes were mixed on Tuesday and the dollar pared its gains after U.S. inflation data strengthened prospects fo...Reuters
Tue, Jan 13
Truist Securities raise PT on Amphenol
Shares of electronic gear maker Amphenol APH.N up 1% at $146.60Truist Securities raises PT on APH to $182 from $180, implying 25.4% upside to stock's last closeEstimates APH's acquisition of CommScope's COMM.O Connectivity and Cable Solutions (CCS) business to expand co's sales by 17...Reuters
Tue, Jan 13
Morgan Stanley raises Paccar's PT amid tariff benefits
Morgan Stanley raises price target on truck maker Paccar PCAR.O to $102 from $93, maintains "equal-weight" ratingNew PT represents 14% downside to stock's last closeBrokerage expects tariffs to become tailwind year-over-year given PCAR's relatively advantaged position due to truck ta...Reuters
Tue, Jan 13
