By Khadija Saeed
Publication Date: 2026-01-05 00:34:00
New York, Jan 4, 2026, 19:19 ET — Market closed
- IBM shares closed down 1.6% on Friday at $291.50.
- Traders head into Monday watching U.S. jobs and inflation data for interest-rate signals.
- IBM’s fourth-quarter earnings announcement is set for Jan. 28 (preliminary date).
International Business Machines Corp (IBM.N) shares closed down 1.6% at $291.50 on Friday, slipping under the $300 mark after an early drop took the stock as low as $289.00. StockAnalysis
The move matters now because the first full week of 2026 brings a cluster of U.S. data that can reset rate expectations, which often steers demand for technology and other long-duration equities. “The market is looking for direction,” Matthew Maley, chief market strategist at Miller Tabak, said. Reuters
Next up are the January 9 U.S. employment report and the January 13 consumer price index release, followed later in the month by the Federal Reserve’s January 27-28 policy meeting. Bureau of…
