Today: 20 June 2026

Citigroup stock slides as Trump’s 10% credit-card rate cap plan rattles lenders ahead of earnings

Citigroup stock slides as Trump’s 10% credit-card rate cap plan rattles lenders ahead of earnings

Citigroup shares fell 3.5% to $117.03 after President Trump proposed a one-year 10% cap on credit card interest rates, with no details on enforcement. Analysts said such a cap would likely require congressional action. The Supreme Court declined to hear Citigroup’s appeal in a fraud lawsuit tied to its Banamex unit, allowing the case to proceed. Capital One and American Express also dropped sharply.
12 January 2026
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Visa stock slides on Trump credit-card rate cap talk as traders brace for bank earnings

Visa stock slides on Trump credit-card rate cap talk as traders brace for bank earnings

Visa shares dropped 1.4% after President Trump proposed a 10% cap on credit-card interest rates starting Jan. 20. Mastercard fell 1.7% and American Express slid 4.6%. Analysts said the move would likely require congressional approval, but the headline pressured lenders and payment networks. Investors are watching upcoming bank earnings and any policy details before Jan. 20.
12 January 2026
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JPMorgan stock drops as Trump pushes 10% credit-card rate cap, with earnings up next

JPMorgan stock drops as Trump pushes 10% credit-card rate cap, with earnings up next

JPMorgan shares dropped about 2% Monday after Donald Trump proposed capping credit card interest rates at 10% for one year. Analysts questioned the legal path for such a cap, noting it would require congressional action. Other major banks also fell, with Capital One down nearly 7%. Investors are watching JPMorgan’s Tuesday earnings for commentary on consumer credit trends.
12 January 2026
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American Express (AXP) stock slides on Trump’s 10% credit-card rate cap talk — what investors watch next

American Express (AXP) stock slides on Trump’s 10% credit-card rate cap talk — what investors watch next

American Express shares fell 4.6% to $358.24 Monday after President Trump called for a one-year 10% cap on credit-card interest rates. The proposal, seen as unlikely by analysts, triggered declines in other card issuers and payment processors. U.S. stocks were broadly lower amid renewed Trump administration criticism of the Federal Reserve. Investors await details on how any cap might be enforced.
12 January 2026
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SoundHound AI stock whipsaws as CES motorcycle tie-up and fresh bullish note keep SOUN in play

SoundHound AI stock whipsaws as CES motorcycle tie-up and fresh bullish note keep SOUN in play

SoundHound AI shares rose as much as 9.4% Monday before paring gains, following a Buy reiteration and $26 price target from H.C. Wainwright after CES meetings. India’s Ultraviolette showcased a new AI voice assistant for its F77 motorcycle, developed with SoundHound, drawing attention to the stock. SoundHound remains unprofitable and faces long sales cycles in automotive deals.
12 January 2026
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Walmart stock jumps on Google Gemini shopping plan, Wing drones and Nasdaq-100 spotlight

Walmart stock jumps on Google Gemini shopping plan, Wing drones and Nasdaq-100 spotlight

Walmart shares rose 3.4% to $118.47 after announcing a partnership with Google’s Gemini chatbot and confirming its upcoming Nasdaq-100 debut. Google said its new AI shopping protocol will launch with Walmart and other major retailers. Nasdaq will add Walmart to the Nasdaq-100 on Jan. 20, replacing AstraZeneca. Alphabet, Amazon, Target, and Costco also posted small gains in morning trading.
12 January 2026
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Lithium prices spike 9% in China on tax-rebate shift, pushing SQM stock up before the bell

Lithium prices spike 9% in China on tax-rebate shift, pushing SQM stock up before the bell

Lithium prices in China jumped to a two-year high after Beijing cut export VAT rebates on batteries, sending the main futures contract up 9% to 156,060 yuan per ton. SQM rose 0.5% in U.S. premarket trading, while Albemarle gained and Lithium Americas fell. Chinese battery makers dropped, but upstream lithium producers advanced. SQM finalized a framework deal with Codelco, pending a Supreme Court ruling.
12 January 2026
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Capital One stock slides as Trump’s 10% credit-card rate cap spooks lenders

Capital One stock slides as Trump’s 10% credit-card rate cap spooks lenders

Capital One shares fell nearly 10% in premarket trading Monday after Donald Trump proposed capping credit-card interest rates at 10%. Synchrony and Bread Financial dropped over 10%, while Affirm and Block rose. Analysts questioned the plan’s viability, citing lack of executive authority. Bank earnings and updates on rate caps remain in focus this week.
12 January 2026
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Gasoline price stock UGA jumps before the open as RBOB futures hover near $1.80

Gasoline price stock UGA jumps before the open as RBOB futures hover near $1.80

United States Gasoline Fund rose 0.8% in premarket trading Monday, reaching about $64.50 after closing at $63.98 Friday. RBOB gasoline futures hovered near $1.79 a gallon, with spring contracts showing a sharp premium. U.S. average gasoline prices fell to $2.80 a gallon, down 27 cents from last year. Brent crude slipped 0.2% to $63.19 a barrel as traders watched Iran headlines.
12 January 2026
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Heating oil price today: NY Harbor ULSD futures hold near $2.14 as Iran-Venezuela headlines jolt crude

Heating oil price today: NY Harbor ULSD futures hold near $2.14 as Iran-Venezuela headlines jolt crude

NY Harbor ULSD futures rose 0.2% to $2.1387 a gallon premarket Monday, trading between $2.1175 and $2.1585 on nearly 4,000 lots. Brent crude slipped 0.2% to $63.19 and WTI fell 0.3% to $58.93 after Iran signaled supply stability. Open interest in ULSD hovered near 88,730 contracts. Goldman Sachs projects a 2026 oil surplus and lower prices, forecasting Brent at $56 and WTI at $52 per barrel.
12 January 2026
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Tempus AI stock pops 12% premarket after $1.1 billion contracts update — what traders watch next

Tempus AI stock pops 12% premarket after $1.1 billion contracts update — what traders watch next

Tempus AI shares surged about 12% to $74.34 in Monday premarket trading after projecting 2025 revenue of $1.27 billion, up 83% from last year. The company reported total contract value over $1.1 billion and signed data deals with more than 70 clients, including major pharmaceutical firms. Northwestern Medicine announced a new partnership with Tempus to expand genomic cancer testing. Tempus’ figures remain preliminary and unaudited.
12 January 2026
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Google’s new Gemini “buy button” aims to keep shoppers — and retailers — inside its AI

Google’s new Gemini “buy button” aims to keep shoppers — and retailers — inside its AI

Alphabet shares rose about 1% premarket after Google launched new AI shopping tools and the Universal Commerce Protocol, partnering with Walmart, Shopify, and others. The protocol enables direct checkout in Search and Gemini, with retailers keeping transaction control. Walmart will let shoppers add products to carts via Gemini conversations. The rollout follows similar AI shopping moves by Amazon and OpenAI.
12 January 2026
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Venezuela oil barrels return: Vitol, Trafigura court India and China as Trump export plan takes shape

Venezuela oil barrels return: Vitol, Trafigura court India and China as Trump export plan takes shape

Vitol and Trafigura are offering Venezuelan crude for March delivery to refiners in India and China, traders said Monday. Brent crude slipped to $63.03 a barrel as markets weighed unrest in Iran against expected Venezuelan exports. Vitol shipped naphtha to Venezuela, set to arrive Jan. 28, to help dilute heavy crude. U.S. efforts to shield Venezuela’s oil revenues face legal and political hurdles.
12 January 2026
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Stock Market Today

  • Rathbones Shares Drop 17% After Compliance Review Boosts UK Bank Stocks
    June 20, 2026, 6:30 AM EDT. Rathbones Plc shares fell 17% following an internal review that highlighted regulatory compliance shortcomings. The decline benefited rival banks competing for the UK's wealthy clients. Compliance in financial services ensures firms meet legal and regulatory standards, critical for maintaining investor trust. The findings have intensified the competition among UK banks aiming to attract high-net-worth individuals. Rathbones' setback underscores the market's sensitivity to regulatory issues amid growing scrutiny in the financial sector.

Latest articles

Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

US Stock Market Today: Live Updates 20.06.2026

20 June 2026
LIVEMarkets rolling coverageStarted: June 20, 2026, 4:00 AM EDTUpdated: June 20, 2026, 6:37 AM EDT Rathbones Shares Drop 17% After Compliance Review Boosts UK Bank Stocks June 20, 2026, 6:30 AM EDT. Rathbones Plc shares fell 17% following an internal review that highlighted regulatory compliance shortcomings. The decline benefited rival banks competing for the UK’s wealthy clients. Compliance in financial services ensures firms meet legal and regulatory standards, critical for maintaining investor trust. The findings have intensified the competition among UK banks aiming to attract high-net-worth individuals. Rathbones’ setback underscores the market’s sensitivity to regulatory issues amid growing scrutiny in
JBS shutdowns put pressure on U.S. beef as cattle prices rise

JBS shutdowns put pressure on U.S. beef as cattle prices rise

20 June 2026
JBS USA will close its Souderton, PA, and Memphis, TN, meat plants on August 14, cutting 1,693 jobs as tight cattle supplies drive negative U.S. beef margins; USDA data show beef prices up 14.8% year-over-year and forecast to rise another 12.1% in 2026, signaling ongoing cost pressure for packers and consumers.
TSMC Leads Nvidia in Short Week Chip Gains

TSMC Leads Nvidia in Short Week Chip Gains

20 June 2026
TSMC’s U.S.-listed shares soared 6.9% to $462.12, outpacing Nvidia’s 3.0% gain, as investors favored broad chip manufacturing exposure after an interim U.S.-Iran deal eased inflation fears and Taiwan’s central bank raised its 2026 economic-growth forecast to 9.45% on AI-driven semiconductor demand.
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