Today: 6 July 2026

Khadija Saeed

Khadija Saeed is a financial markets reporter at TS2.tech, specializing in stocks, technology and emerging industries. She studied economics and finance at the London School of Economics and previously worked in market research before moving into financial journalism. Her coverage focuses on the companies, innovations and economic trends influencing global investors.

Wall Street Slips as Trump Credit-Card Cap Plan Hits Banks; CPI Holds at 2.7%

Wall Street Slips as Trump Credit-Card Cap Plan Hits Banks; CPI Holds at 2.7%

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 Composite slipped 0.10% to 23,711.20, preliminary data showed. Visa and Mastercard slid, and “Financials are getting hit by Trump's credit card proposal,” said Tim Ghriskey, senior portfolio strategist at Ingalls & Snyder in New York. Trump’s one-year 10% cap proposal, set to start Jan. 20, has pushed politics into a week packed with U.S. inflation data and the first wave of earnings. Citigroup tumbled on the plan on Monday, and American Express and Capital One also fell, while JPMorgan analysts flagged Citi and U.S. Bancorp as having the biggest hit.
13 January 2026
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Micron Technology stock drops after hours as SK Hynix launches $13B AI-memory buildout

Micron Technology stock drops after hours as SK Hynix launches $13B AI-memory buildout

NEW YORK, Jan 13, 2026, 16:15 EST — After-hours Micron Technology, Inc. shares dipped in after-hours trading Tuesday following news that SK Hynix plans to pour 19 trillion won into a new advanced chip-packaging plant in South Korea. Construction is expected to kick off in April and finish by the end of 2027. Micron dropped $7.76, or roughly 2.2%, to $338.11 from a prior close of $345.87; the stock opened at $346.24 and moved between $335.23 and $351.11 during the session. Macquarie Equity Research noted SK Hynix held 61% of last year’s high-bandwidth memory market, well ahead of Samsung Electronics at 19% and Micron at 20%.
13 January 2026
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Stock Market Today

  • BMO: Stock Market's 'Goldilocks' Run Is Over, Investors Should Brace for Shifts
    July 6, 2026, 10:56 AM EDT. BMO says the stock market's 'Goldilocks' stretch-those years of steady growth and tame inflation-has come to an end. With those tailwinds fading, BMO is urging investors to rethink their strategies as volatility kicks up. The bank is telling clients to spread out exposure and look at sectors that can handle inflation and rate moves. They say it's time for a more cautious approach, with tighter risk controls and a focus on where you can still find solid returns as the market picture gets tougher.
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