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Financial News News 12 January 2026

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

New York, Jan 12, 2026, 11:32 EST — Regular session Visa Inc shares fell 1.4% to $344.84 in late-morning trading, tracking a selloff in consumer finance names. Mastercard slid 1.7% and American Express fell 4.6%. The pressure followed President Donald Trump’s call for a one-year cap on credit-card interest rates at 10%, starting Jan. 20, without spelling out how it would be enforced. Analysts said the proposal would likely require legislation, leaving markets to trade the risk before the details exist. (Reuters) Financial stocks broadly slipped on the headline, and the move has pulled in payment processors alongside banks and
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

New York, Jan 12, 2026, 11:32 a.m. EST — Regular session JPMorgan Chase & Co shares fell about 2% to $322.55 in morning trading on Monday after President Donald Trump called for a one-year cap that would limit credit card interest rates to 10%. “It would take an Act of Congress for such rate caps to be in place,” UBS Global analysts wrote, while Seaport Research analyst Bill Ryan said “affordability has become a top concern.” (Reuters) The move matters because credit cards are a high-yield business for big banks, and a rate cap would cut straight into what lenders
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

New York, Jan 12, 2026, 08:13 EST — Premarket Shares of Capital One Financial dropped roughly 10% in premarket Monday after investors offloaded credit-card and consumer-lending stocks amid fresh chatter about rate caps. The squeeze landed hard on a business built around spreads. Credit-card interest powers issuer profits, and a 10% cap would plunge well below the industry’s current rates. The bids quickly evaporated. Synchrony Financial and Bread Financial tumbled between 10% and 11% in early trading. American Express slipped about 4%, while Visa and Mastercard each dropped roughly 2%. On the flip side, alternative lenders gained ground: Affirm rose
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

New York, Jan 12, 2026, 08:17 EST — Premarket Shares of the United States Gasoline Fund climbed 0.8% in U.S. premarket trading Monday, reaching roughly $64.50. The fund, tied to gasoline prices, closed Friday at $63.98 and has gained around 4% since the start of January. (StockAnalysis) The product tape remains twitchy heading into the week, as energy traders weigh new geopolitical risks against weak winter demand and persistently low pump prices. Front-month RBOB gasoline futures, the key U.S. contract for reformulated gasoline blendstock used in oxygen blending, slipped 0.31% to around $1.7902 per gallon. The NYMEX contract trades in
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

New York, Jan 12, 2026, 07:52 EST — Premarket Tempus AI shares climbed roughly 12%, reaching $74.34 in Monday’s premarket session. (Investing.com) The bid emerged amid a volatile morning for growth stocks, with Nasdaq 100 futures slipping close to 1% as investors digested fresh doubts over the Federal Reserve’s independence and prepared for earnings season to begin. (Reuters) Tempus projected full-year 2025 revenue around $1.27 billion in an SEC filing, marking an 83% jump from the previous year. That includes roughly 30% organic growth without Ambry. Diagnostics revenue hit about $955 million, soaring 111%, while data and applications brought in
XRP price today: Ripple token slips near $2 in India as Powell probe jars markets

XRP price today: Ripple token slips near $2 in India as Powell probe jars markets

MUMBAI, Jan 12, 2026, 16:57 IST — The market has closed. XRP dipped on Monday, lingering just below the $2 level as traders digested new political tensions involving the U.S. Federal Reserve and braced for crucial U.S. inflation figures. (CoinMarketCap) This shift is significant since crypto markets have lately responded less to token news and more to quick shifts in rates and risk appetite. Powell’s showdown with the White House weakened the dollar and sent funds toward safe havens, forcing traders to sift through what happens next. (Reuters) Rate expectations are shifting. After the latest U.S. labor data, J.P. Morgan,
Dow futures slip on Powell legal threat and Trump rate-cap talk — here’s what Wall Street watches next

Dow futures slip on Powell legal threat and Trump rate-cap talk — here’s what Wall Street watches next

New York, Jan 12, 2026, 06:01 EST — Premarket Dow futures fell roughly 0.4% Monday, signaling a softer start for Wall Street. (Barron’s) The move came after a new clash between President Donald Trump’s administration and Federal Reserve Chair Jerome Powell. Powell revealed that the Justice Department had served the Fed with grand jury subpoenas and even threatened him with criminal charges over his Senate testimony last June concerning a Fed building renovation. “Those are pretexts,” Powell said in a statement. (Reuters) Why it matters now: investors have counted on rate cuts later this year to support lofty equity valuations,
India stock market today: Sensex, Nifty snap five-day slide after late rebound on trade-talk cue

India stock market today: Sensex, Nifty snap five-day slide after late rebound on trade-talk cue

Mumbai, Jan 12, 2026, 16:25 IST — Market closed India’s stock market closed higher on Monday, with the Sensex and Nifty 50 snapping a five-day losing run after a late-session rebound pulled benchmarks off early lows. The Sensex rose 0.36% and the Nifty gained 0.42%. (Business Standard) The relief move masked strain underneath. Broader shares lagged, and more than 360 stocks hit 52-week lows — the lowest level in a year — even as the benchmarks finished in the green. (Moneycontrol) The turn came after Washington’s new ambassador to New Delhi, Sergio Gor, said India and the U.S. would discuss
FTSE 100 slips as Barclays takes a hit from Trump’s credit-card cap push; gold miners climb

FTSE 100 slips as Barclays takes a hit from Trump’s credit-card cap push; gold miners climb

London, 12 January 2026, 10:58 GMT — Regular session Britain’s FTSE 100 slipped in early Monday trade, pulled lower by a steep drop in Barclays after investors weighed new U.S. policy risks alongside a firmer pound. By 0823 GMT, the blue-chip index was down 0.1%, while sterling gained 0.3% against the dollar, hitting roughly $1.34. (Investing.com South Africa) London stocks kicked off the week at record levels, with the FTSE 100 closing Friday at an all-time high. The rally, fueled by deal chatter around Glencore and positive cues from U.S. jobs data, has left little room for surprises. (Reuters) The
Valens Semiconductor stock dips in premarket after 59% spike; VA7000 ADAS win still in focus

Valens Semiconductor stock dips in premarket after 59% spike; VA7000 ADAS win still in focus

New York, January 12, 2026, 05:49 EST — Premarket Valens Semiconductor Ltd shares dropped 4.4% to $2.37 in early Monday trading, pulling back from last week’s big surge. The stock finished Friday at $2.48, jumping 59% for the day after swinging between $1.63 and $2.72 on volume nearing 45 million shares. (StockAnalysis) The move stands out since Valens is a small, thinly traded chip stock, and the volume surge on Friday felt more like a shift in tone than a typical bounce. Investors are quick to react to any sign of broader adoption for new in-car sensor links, even if
Hims & Hers Health (HIMS) stock slides premarket after Amazon’s Wegovy pill move — what traders watch next

Hims & Hers Health (HIMS) stock slides premarket after Amazon’s Wegovy pill move — what traders watch next

NEW YORK, Jan 12, 2026, 05:28 EST — Premarket Shares of Hims & Hers Health, Inc. slipped 2.2% in premarket trading Monday, hitting $31.00. The stock had already fallen 6.4% on Friday to $31.69 amid heavy volume. (StockAnalysis) The selloff late in the week came after Amazon Pharmacy began offering Novo Nordisk’s newly approved Wegovy weight-loss pill via insurance plans and a cash-pay option, opening yet another major channel in a market Hims has heavily relied on for growth. (Reuters) This is crucial now since investors see weight loss as Hims’ key growth driver: it attracts fresh users but can
Pan American Silver PAAS stock jumps in premarket as silver smashes records — what to watch next

Pan American Silver PAAS stock jumps in premarket as silver smashes records — what to watch next

New York, Jan 12, 2026, 05:30 EST — Premarket Pan American Silver Corp shares rose 4.5% in U.S. premarket trading on Monday, lifting the stock to $56.70 as precious metals ripped higher. (Public) Silver hit fresh records as investors rushed into “hard” assets after headlines around a criminal probe involving Federal Reserve Chair Jerome Powell and a sharper geopolitical backdrop. “With the Fed’s independence now openly contested,” investors were shifting toward hard assets, said Zain Vawda, an analyst at MarketPulse by OANDA. (Reuters) Silver futures were last up about 6% on CME’s Globex session early Monday. That matters for miners
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Stock Market Today

South32 share price drops 4% in ASX rout — what investors watch before results

South32 share price drops 4% in ASX rout — what investors watch before results

7 February 2026
Sydney, Feb 7, 2026, 17:39 AEDT — Market closed. South32 Ltd shares (S32.AX) closed down 4.1% at A$4.41 on Friday, hit by the same risk-off wave that pushed Australian miners sharply lower. The stock traded between A$4.37 and A$4.51 and was down 19 cents from the prior close of A$4.60. (Intelligent Investor) With markets shut for the weekend, the move leaves South32 on the watchlist going into Monday’s open as investors reassess exposure to metals and mining names. The S&P/ASX 200 ended the week down 1.81%. (Morningstar) The benchmark fell 2% on Friday and almost A$70 billion was wiped off
Wesfarmers share price: what to watch on ASX next week as results loom

Wesfarmers share price: what to watch on ASX next week as results loom

7 February 2026
Wesfarmers shares closed down 1.33% at A$85.04 on Friday, following a sharp drop in the S&P/ASX 200, which fell 2% for its steepest one-day loss in 10 months. Investors are watching for Australia’s household spending data next week and Wesfarmers’ half-year results due Feb. 19.
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