Visa stock holds near $328 as Wall Street shuts for MLK Day; rate-cap deadline and earnings loom
Visa closed Friday up 0.17% at $328.30, while U.S. markets shut Monday for Martin Luther King Jr. Day. President Trump’s proposed 10% cap on credit card interest rates has unsettled banks and investors. Visa will report fiscal first-quarter earnings after the market closes Jan. 29. The Federal Reserve meets Jan. 27-28, with rate policy in focus.