Wall Street Slips as Trump Credit-Card Cap Plan Hits Banks; CPI Holds at 2.7%
New York, Jan 13, 2026, 16:50 EST U.S. stocks ended lower on Tuesday, led by a drop in financial shares after JPMorgan executives warned that President Donald Trump’s proposed cap on credit-card interest rates could squeeze lending. The Dow Jones Industrial Average fell 394.97 points, or 0.81%, to 49,195.23, while the S&P 500 lost 0.20% to 6,963.30 and the Nasdaq…