Finance 16 February 2026

Mortgage Rates Today: 30-Year Fixed Stays Near 6% as Spring Buyers Edge Back

Mortgage Rates Today: 30-Year Fixed Stays Near 6% as Spring Buyers Edge Back

U.S. 30-year fixed mortgage rates hovered near 6% this week, with Bankrate reporting 6.21% and Freddie Mac at 6.00%. Existing home sales rose 1.7% in February to a 4.09 million annual rate, as affordability improved from a year earlier. The 10-year Treasury yield fell to 4.102% after oil prices dropped. Economists warned affordability remains a challenge despite recent gains.
March 10, 2026
Citigroup stock price: What to watch as Citi shares return Tuesday after a sharp pullback

Citigroup stock price: What to watch as Citi shares return Tuesday after a sharp pullback

U.S. markets are closed Monday for Presidents Day, with trading set to resume Tuesday. Citigroup shares last finished at $110.86, down 10% from a Feb. 9 high after a four-day slide. CEO Jane Fraser’s 2025 pay rose 22% to $42 million, citing record revenue and regulatory progress. Investors await U.S. retail sales and Fed minutes this week for signals on rates and bank stock direction.
February 16, 2026
IBM stock price steadies near $262 as Wall Street closes for Presidents Day — what to watch next

IBM stock price steadies near $262 as Wall Street closes for Presidents Day — what to watch next

IBM shares closed up 1.1% at $262.38 on Friday, snapping a four-day losing streak and outperforming Microsoft and Alphabet. U.S. markets are closed Monday for Presidents Day, with trading set to resume Tuesday. IBM plans to triple U.S. entry-level hiring in 2026, even as automation expands. The stock remains about 19% below its November high.
February 16, 2026
T-Mobile stock (TMUS) set for post-holiday test after Wells Fargo target lift and €2.5 billion bond sale

T-Mobile stock (TMUS) set for post-holiday test after Wells Fargo target lift and €2.5 billion bond sale

T-Mobile US shares closed at $219.52 on Feb. 13, up about 2.3%, ahead of a market holiday. Wells Fargo raised its price target to $235 and kept an Overweight rating. The next dividend is $1.02 a share, record date Feb. 27, payment March 12. T-Mobile USA plans to sell €2.5 billion in senior notes, with the deal set to close Feb. 19.
February 16, 2026
Why Hiscox shares are up: HSX rebounds with insurers as rate-cut bets return

Why Hiscox shares are up: HSX rebounds with insurers as rate-cut bets return

Hiscox Ltd shares rose 0.6% to 1,448 pence by 1508 GMT Monday, tracking gains in European insurers as financial stocks rebounded. The FTSE 100 insurer traded between 1,439 and 1,455 pence, with a market value near £4.7 billion. Investors await Hiscox’s 2025 results on Feb. 25 and key UK inflation data this week. The stock remains about 7% below its Feb. 4 year high.
February 16, 2026
Dunelm share price ticks up after £17m buyback plan with Barclays, eyes turn to April update

Dunelm share price ticks up after £17m buyback plan with Barclays, eyes turn to April update

Dunelm shares rose 0.4% to 971.5 pence after the retailer announced a new buyback program of up to 1.6 million shares, capped at £17 million, to cover employee share awards. The shares will be held in treasury, not cancelled. The move follows a January profit warning and a 7.5% drop in first-half pretax profit. Investors await Dunelm’s next trading update in April.
February 16, 2026
Smiths Group share price slips in London trade as investors eye March results and deal timetable

Smiths Group share price slips in London trade as investors eye March results and deal timetable

Smiths Group shares slipped 0.15% to 2,612 pence on Monday, underperforming a rising UK market. The stock remains near its 52-week high as investors await interim results and updates on asset sales and buybacks. No new regulatory statements were issued. The company’s £2 billion sale of its Detection unit to CVC is expected to close in the second half of 2026.
February 16, 2026
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