Dow Jones Industrial Average drops from record as JPMorgan, Visa slide — what Wall Street watches next
New York, January 13, 2026, 13:39 EST — Regular session underway. The Dow Jones Industrial Average dropped 0.67% to 49,256.12 on Tuesday, dragged down by financial stocks as investors digested an inflation report that kept the rate-cut discussion open. U.S. crude climbed 2.67% to $61.09 a barrel, with Iran unrest sending oil prices to their highest in weeks. (Reuters) The benchmark entered the session close to record levels, having just hit an all-time high Monday. Investors shrugged off renewed doubts about the Federal Reserve’s independence. Peter Cardillo, chief market economist at Spartan Capital Securities, noted that “the market is taking