Stock Market 16 February 2026

Merck (MRK) stock price jumps after Keytruda survival data; Gardasil layoffs in focus next week
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Merck (MRK) stock price jumps after Keytruda survival data; Gardasil layoffs in focus next week

Merck shares closed up 3.8% Friday after reporting Keytruda cut the risk of death by 18% in a late-stage ovarian cancer trial. The company will lay off about 150 workers at a North Carolina Gardasil plant amid weak vaccine demand in China. Investors await management remarks at a March 3 health-care conference. Keytruda accounts for nearly half of Merck’s revenue, with major patents expiring from 2028.
February 28, 2026
Citigroup stock price: What to watch as Citi shares return Tuesday after a sharp pullback
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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
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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
Why Hiscox shares are up: HSX rebounds with insurers as rate-cut bets return
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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
TP ICAP share price today: TCAP stock edges up as UK rate-cut bets sharpen
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TP ICAP share price today: TCAP stock edges up as UK rate-cut bets sharpen

TP ICAP shares rose 0.4% to 256 pence in London by early afternoon, tracking gains in UK financial stocks after last week’s AI-driven selloff. Investors await UK inflation data on Feb. 18 and TP ICAP’s full-year results on March 12. The company updated its EU MTF rate card, effective Feb. 16. Rate-cut expectations remain in focus ahead of the Bank of England’s March meeting.
February 16, 2026
Costain share price today: COST.L nudges higher as investors wait on buyback, results date
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Costain share price today: COST.L nudges higher as investors wait on buyback, results date

Costain shares rose 0.4% to 187.8p in London on Monday as investors await full-year results on March 10 and details on a possible £20 million share buyback. The company recently won a £100 million M5 contract and reported net cash ahead of expectations, but flagged risks from project timing. An investor Q&A is set for March 11. Costain stock is up over 80% in the past year.
February 16, 2026
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