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NASDAQ:FCN News 23 January 2026 - 24 January 2026

First Citizens stock slide puts regional bank shares in the spotlight ahead of Fed decision

First Citizens stock slide puts regional bank shares in the spotlight ahead of Fed decision

NEW YORK, January 24, 2026, 12:56 (EST) — Market closed. First Citizens BancShares shares will be back on traders’ radars when U.S. financial services stocks reopen Monday after the regional lender dropped 8.5% Friday, closing at $2,016.56. (Yahoo Finance) The alert came late last week as investors were already gearing up for a packed earnings calendar and a Federal Reserve meeting that might reshape rate expectations for the year. (Reuters) Net interest income—the difference between what banks earn from loans and pay out on deposits—remains the key driver for most regional lenders. But if loan yields drop faster than deposit
24 January 2026
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Bank of America stock price slides into the weekend as bank shares sink; Fed decision and 10% card-rate cap watched

Bank of America stock price slides into the weekend as bank shares sink; Fed decision and 10% card-rate cap watched

New York, Jan 23, 2026, 19:56 (ET) — Trading after hours. Bank of America shares dropped 1.4% to $51.72 on Friday, sliding alongside a broad selloff in U.S. bank stocks that outpaced the overall market. JPMorgan Chase slid close to 2%, with Wells Fargo and Citigroup each down over 1%, as bank ETFs absorbed much of the pressure. The timing is crucial. Banks’ fortunes hinge on rate expectations, since borrowing costs influence both loan pricing and the interest paid on deposits. Investors have zeroed in on net interest income, or NII — the difference between what banks make on loans
24 January 2026
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JPMorgan Chase stock drops nearly 2% as lawsuit noise builds and Fed week looms

JPMorgan Chase stock drops nearly 2% as lawsuit noise builds and Fed week looms

New York, Jan 23, 2026, 18:06 ET — After-hours Shares of JPMorgan Chase & Co dipped 1.95% on Friday, finishing at $297.72, before slipping another 0.07% in after-hours trading to $297.50. (StockAnalysis) The drop matters since JPMorgan is right in the middle of two hot-button issues: political pressure on banks’ account rules, and the direction of U.S. interest rates. Either factor can quickly derail earnings forecasts, even if the bank’s fundamentals stay steady. The news arrives as a jittery week for U.S. stocks winds down, with headlines swaying risk appetite and investors scrambling for a fresh catalyst. JPMorgan wasn’t alone
24 January 2026
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USB stock falls today as bank sector slides; U.S. Bancorp bond sale and Fed week in focus

USB stock falls today as bank sector slides; U.S. Bancorp bond sale and Fed week in focus

New York, Jan 23, 2026, 14:55 EST — Regular session U.S. Bancorp shares slipped 1.1% to $55.58 Friday afternoon, surrendering part of this week’s gains amid a broader pullback in U.S. bank stocks. The pullback comes as investors brace for next week’s Fed meeting and its implications for banks’ net interest income — the difference between earnings on loans and costs on deposits. Broader U.S. equities held steady, while bank stocks stumbled. The SPDR S&P Bank ETF dropped roughly 3%, and the SPDR S&P Regional Banking ETF fell about 3% in afternoon sessions. U.S. Bancorp revealed in SEC filings that
23 January 2026
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Stock Market Today

Seagate (STX) stock jumps nearly 6% as Citi hikes target — what to watch next week

Seagate (STX) stock jumps nearly 6% as Citi hikes target — what to watch next week

7 February 2026
Seagate shares rose 5.9% to $429.32 Friday after Citigroup raised its price target to $480 and reiterated a buy rating. The gain ended a two-day slide but left the stock 6.6% below its Feb. 3 high. CEO Dave Mosley sold 20,000 shares on Feb. 2 under a pre-arranged plan, SEC filings show. U.S. jobs and inflation data next week are seen as key tests for tech stocks.
Cummins (CMI) stock price rebounds after earnings whipsaw as investors eye data-center power demand

Cummins (CMI) stock price rebounds after earnings whipsaw as investors eye data-center power demand

7 February 2026
Cummins shares jumped 6.8% to $577.73 Friday, recovering from a nearly 9% post-earnings drop the day before. The company reported Q4 revenue up 1% to $8.54 billion, took a $218 million charge tied to its hydrogen business, and guided for 2026 EBITDA of 17–18% of sales. Demand for data center generators offset weakness in North American truck markets. Analyst reaction was mixed; Truist raised its price target.
Corning stock hits first record close since 2000 as jobs, CPI data loom

Corning stock hits first record close since 2000 as jobs, CPI data loom

7 February 2026
Corning shares surged 8.3% to $122.16 Friday, their highest close since the dot-com era, after Meta agreed to buy up to $6 billion in fiber-optic cables. The stock is up 40% since late 2025, fueled by strong first-quarter guidance and AI data-center demand. Insiders sold shares following the rally, SEC filings show. Investors await next week’s U.S. jobs and inflation data for rate signals.
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