Market News 2 March 2026 - 6 March 2026

Macquarie Share Price Today Climbs After Group Exits $7 Billion Kuwait Pipeline Deal

Macquarie Group shares rose 0.8% to A$197.3 after Reuters reported the company exited bidding for Kuwait’s $7 billion oil pipeline sale, citing conflict and uncertainty. Macquarie made no ASX announcement and declined to comment. Kuwait Petroleum Corporation has declared force majeure and cut output as the Strait of Hormuz remains the only export route. BlackRock and KKR’s involvement in the sale remains unclear.

March 18, 2026

Economy·Finance·Market News·News

Dow Futures Slip, Oil Jumps Before U.S. Jobs Report Caps Volatile Week

U.S. stock futures fell early Friday, with Dow E-minis down 0.27% and oil prices surging, as investors awaited the February jobs report. Brent crude rose 3.45% to $88.36 a barrel, on track for its strongest weekly gain since 2020. Economists expect nonfarm payrolls to rise by 59,000. Airline shares slipped in premarket trading, while Occidental Petroleum gained.

March 6, 2026

Finance·Investing·Market News·News

Lynas Rare Earths stock jumps after Malaysia grants 10-year licence, setting up Tuesday trade

Shares of Lynas Rare Earths jumped as much as 7% to A$20.30 after Malaysia renewed the company’s operating licence for 10 years, allowing continued rare earth processing. The ASX 200 slipped about 0.5%. Lynas confirmed the renewed licence will start March 3, with formal paperwork pending. The company has spent about A$180 million on a new separation facility in Malaysia.

March 2, 2026