Mastercard stock steadies in premarket as Trump’s 10% credit-card cap talk keeps MA in focus
Mastercard rose 0.2% to $546.01 in premarket trading Wednesday after falling 3.8% Tuesday, as investors reacted to President Trump’s proposed 10% cap on credit-card interest rates. JPMorgan executives warned the cap could force banks to tighten credit. Industry groups said the measure could limit or close up to 88% of credit-card accounts. Mastercard reports earnings Jan. 29.