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NYSE:BAC News 18 January 2026 - 22 January 2026

Wells Fargo stock pops as banks rally on tariff relief, with Fed meeting ahead

Wells Fargo stock pops as banks rally on tariff relief, with Fed meeting ahead

New York, Jan 22, 2026, 13:34 EST — Regular session Shares of Wells Fargo & Company jumped 2.6% to $88.38 on Thursday, riding a wave of gains across U.S. banks. JPMorgan edged up 1.1%, Bank of America rose 1.4%, and Citigroup added 1.9%, while the S&P 500 ETF SPY increased roughly 0.7%. Financials rallied as Wall Street inched closer to record highs after President Donald Trump softened his tariff threats on Europe, easing the risk-off mood that had gripped markets earlier this week. “It’s the TACO trade follow on from yesterday,” said Dustin Thackeray, head of portfolio management at Crewe
Goldman Sachs stock rises as a $16 billion debt deal lands and IPO chatter builds

Goldman Sachs stock rises as a $16 billion debt deal lands and IPO chatter builds

New York, Jan 22, 2026, 12:55 EST — Regular session Goldman Sachs shares climbed 1.8% to $969.88 during midday trading in New York on Thursday, riding the wave of gains in U.S. bank stocks. JPMorgan Chase edged up roughly 1.1%, Morgan Stanley added around 1.3%, and Bank of America rose about 1.9%. Timing is key. Traders jumped back into cyclicals once President Donald Trump eased tariff threats on Europe. New U.S. economic data also supported the idea of a resilient economy just ahead of the Fed’s meeting next week. “It’s the TACO trade follow on from yesterday,” said Dustin Thackeray,
Bank of America stock climbs as 10% credit-card cap talk hits Wall Street

Bank of America stock climbs as 10% credit-card cap talk hits Wall Street

New York, Jan 22, 2026, 12:49 EST — Regular session Shares of Bank of America climbed roughly 2% Thursday, pushing the stock to $53.09 by early afternoon. The move came after reports surfaced that the bank, along with Citigroup, is mulling new credit cards with interest rates capped at 10%. (Yahoo Finance) Tensions over consumer-lending rules have been simmering for days, as the White House advocates a one-year cap of 10% on credit-card rates. Banks argue this could tighten access to unsecured credit. “For now, it’s an overhang, but that overhang could clear quickly,” said Brian Jacobsen, chief economic strategist
JPMorgan Chase stock rises as Trump’s 10% credit-card cap plan keeps banks on edge

JPMorgan Chase stock rises as Trump’s 10% credit-card cap plan keeps banks on edge

New York, Jan 22, 2026, 11:21 (EST) — Regular session Shares of JPMorgan Chase & Co (JPM.N) climbed roughly 1.2% to $305.57 on Thursday, following a broader rally among major U.S. banks. Bank of America rose around 1.4%, Citigroup edged up about 0.7%, and Wells Fargo jumped nearly 2.5%. The bounce reflects investors grappling with fresh policy risk tied to credit cards, a major profit driver for big issuers. A proposed cap on interest rates for revolving card balances has quickly become a headline trade. At the World Economic Forum in Davos, JPMorgan CEO Jamie Dimon slammed the proposal as
Bank of America stock: BAC holds near $52 after $1B employee stock award as credit-card rate cap returns to focus

Bank of America stock: BAC holds near $52 after $1B employee stock award as credit-card rate cap returns to focus

New York, Jan 21, 2026, 20:16 EST — Market closed. Bank of America Corp shares closed Wednesday down 0.06% at $52.07, following a 1.64% drop Tuesday. Over two days, the stock barely budged in a week marked by shifting policy-driven swings in financial stocks. (Source: FinancialContent price data) The subdued finish arrived as two issues weighed on BAC heading into Thursday: new equity grants for employees and a fresh battle in Washington over credit card fees. This matters since Bank of America has stakes in both. Stock-based compensation impacts share count, and lending rules combined with rate forecasts can squeeze
Bank of America stock slips after $1B employee stock award as credit-card cap deadline bites

Bank of America stock slips after $1B employee stock award as credit-card cap deadline bites

NEW YORK, Jan 20, 2026, 19:19 EST — After-hours Shares of Bank of America Corp dropped Tuesday before holding steady in after-hours trading as investors weighed a fresh $1 billion employee stock award against rising concerns about possible limits on credit-card rates. Timing is crucial. Major banks find themselves caught between politics and consumer-credit calculations, and the market is watching closely, as if it’s a real-time experiment on what regulators and the White House will do next. Capping credit-card annual percentage rates, or APRs—the main interest rate cardholders face—would limit what lenders can charge on unsecured loans. Throw in any
Why Bank of America stock price is hovering near $53 after a $1 billion employee share award

Why Bank of America stock price is hovering near $53 after a $1 billion employee share award

New York, January 20, 2026, 11:31 (ET) — Regular session Bank of America shares slipped slightly on Tuesday following the bank’s announcement of roughly $1 billion in stock awards aimed at most of its non-executive employees. Investors also weighed fresh headlines from Washington casting a shadow over the banking sector. The stock dipped about 0.1% to $52.93, fluctuating between $51.99 and $53.47 during the session. The staff awards won’t rattle the balance sheet, but they come at a time when bank investors are already uneasy about political developments and consumer credit risks. Changes to rules governing what lenders can charge
Bank of America stock today: BAC slips after $1B staff share award as rate-cap worries swirl

Bank of America stock today: BAC slips after $1B staff share award as rate-cap worries swirl

New York, Jan 20, 2026, 11:45 EST — Regular session Bank of America Corporation shares slipped 0.3% to $52.83 on Tuesday following the announcement that it will grant roughly $1 billion in stock to employees outside senior management. CEO Brian Moynihan said, “when our teammates share in our company’s success, it strengthens our business and the communities we serve.” The bank said the awards represent nearly 19 million shares and will be distributed to about 96% of its workforce, continuing the program for the ninth consecutive year. (PR Newswire) The grant doesn’t hit the balance sheet, but it does increase
VIX breaks above 20 as Greenland tariff threat jolts Wall Street — and hedging is back

VIX breaks above 20 as Greenland tariff threat jolts Wall Street — and hedging is back

New York, Jan 20, 2026, 09:48 EST Wall Street’s key volatility index surged past 20 on Tuesday, climbing 29% to 20.46 in early action. The move came as traders digested new tariff threats linked to Greenland, adjusting their outlook on short-term risk. (Investing.com) The VIX, or Cboe Volatility Index, derives from S&P 500 options prices and offers a snapshot of expected market swings over the coming month. When it crosses above 20, it tends to trigger increased hedging, sometimes pushing risk managers to reduce exposure well before stocks show significant moves. A Bank of America survey published Tuesday highlighted just
Bank of America stock price today: BAC near $53 as MLK Day shuts U.S. markets — tariffs and the Fed ahead

Bank of America stock price today: BAC near $53 as MLK Day shuts U.S. markets — tariffs and the Fed ahead

New York, January 19, 2026, 11:19 EST — Market closed Bank of America Corp shares ended Friday at $52.60. In late trading, they edged up roughly 0.7% to $52.97. U.S. stock markets stayed closed Monday for Martin Luther King Jr. Day and will resume trading Tuesday. (AP News) The pause follows Bank of America’s earnings report last week, which beat profit expectations thanks to a trading surge and record interest income. The bank projects net interest income—the difference between loan earnings and deposit costs—will climb 7% this quarter. It also maintained its 5% to 7% growth forecast for 2026. CEO
Bank of America stock price: BAC heads into Jan. 20 credit-card cap test after holiday break

Bank of America stock price: BAC heads into Jan. 20 credit-card cap test after holiday break

New York, January 18, 2026, 10:57 EST — Market closed. Bank of America Corp shares ticked up slightly on Friday, closing at $52.97, a 0.7% gain. The real pressure on bank stocks could hit when U.S. markets open Tuesday, with Washington’s moves likely to overshadow earnings reports. The New York Stock Exchange will be closed Monday in observance of Martin Luther King Jr. Day, delaying the next trading session until January 20. That’s also the date President Donald Trump has targeted to implement a proposed cap on credit-card interest rates, limiting them to 10% for one year. Credit-card rates are
Bank of America stock price edges up into MLK Day break as credit-card cap jitters linger

Bank of America stock price edges up into MLK Day break as credit-card cap jitters linger

New York, Jan 18, 2026, 06:51 EST — Market closed. Bank of America shares ended Friday at $52.97, rising 0.7%, just before the U.S. market pauses for a holiday, with trading set to resume Tuesday. (Bank of America Corporation) The setup is crucial as bank earnings drag lending margins and consumer credit back into focus, with policy risks creeping into the picture. “One of the other reasons markets have been flat-lining is we’re at the start of the earnings season,” said Anthony Saglimbene, chief market strategist at Ameriprise Financial. (Reuters) Markets will be closed Monday for Martin Luther King Jr.
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Stock Market Today

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

Stock Market Today 07.02.2026

7 February 2026
LIVEMarkets rolling coverageStarted: February 7, 2026, 12:00 AM ESTUpdated: February 7, 2026, 12:27 AM EST Dollar Dips as Stocks Rally and US Data Influences Fed Rate Expectations February 7, 2026, 12:18 AM EST. The **dollar index** fell 0.17%, pressured by a rebound in equity markets reducing demand for the safe-haven currency. Weaker-than-expected U.S. labor market data raised the odds of a Fed rate cut to 18% for March, though consumer sentiment improved to a six-month high, limiting losses. Hawkish comments from Atlanta Fed's Raphael Bostic emphasized maintaining restrictive monetary policy. The dollar faces medium-term weakness amid expectations for rate cuts
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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