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NYSE:C 12 January 2026 - 14 January 2026

Citigroup stock drops after earnings: Russia exit hit, costs rise and 2026 targets take center stage

Citigroup stock drops after earnings: Russia exit hit, costs rise and 2026 targets take center stage

Citigroup shares dropped 3.3% after hours Wednesday to $112.41 following fourth-quarter net income of $2.5 billion and a $1.2 billion loss tied to its Russia exit. Operating expenses rose 6% to $13.84 billion. CEO Jane Fraser told staff job cuts will continue as automation expands. Citi’s 2026 targets depend on cost reductions and steady revenue growth.
Dow Jones Industrial Average slips after bank earnings, tech slide; Goldman and inflation data next

Dow Jones Industrial Average slips after bank earnings, tech slide; Goldman and inflation data next

The Dow closed down 42.36 points, or 0.09%, at 49,149.63, as tech and financial shares fell. Bank stocks slid after Wells Fargo missed profit targets and Citigroup signaled more layoffs. Visa dropped 4.5% following President Trump’s proposal to cap credit-card interest rates. Investors await Goldman Sachs earnings and a delayed inflation report.
Dow Jones ETF DIA slips as big-bank earnings and fresh inflation data keep Wall Street cautious

Dow Jones ETF DIA slips as big-bank earnings and fresh inflation data keep Wall Street cautious

The SPDR Dow Jones Industrial Average ETF Trust (DIA) fell 0.2% to $490.84 Wednesday morning, tracking a Dow retreat as investors weighed bank earnings and inflation data. Bank of America beat profit estimates but slipped in early trading, while Wells Fargo missed forecasts and Citigroup topped expectations. December’s consumer price index rose 0.3% for the month, up 2.7% year-over-year.
US economic calendar today: Retail sales and PPI loom as Wall Street futures slip ahead of bank earnings

US economic calendar today: Retail sales and PPI loom as Wall Street futures slip ahead of bank earnings

U.S. stock futures slipped early Wednesday, with S&P 500 E-minis down 0.17% and Nasdaq 100 E-minis off 0.22% before key bank earnings and economic data. JPMorgan reported a profit beat but shares fell after executives warned about credit-card rate caps. Palo Alto Networks and Fortinet dropped over 2% premarket. Traders awaited retail sales and producer price data for signals on inflation and consumer demand.
Dow Jones futures slip before bank earnings and retail sales data hit Wall Street

Dow Jones futures slip before bank earnings and retail sales data hit Wall Street

Dow E-mini futures fell 0.2% before earnings from Citigroup, Bank of America, and Wells Fargo. The Dow dropped 0.8% Tuesday, pressured by financial stocks and renewed worries over Trump’s proposed credit-card rate cap. JPMorgan beat profit forecasts but took a $2.2 billion hit tied to its Apple card partnership. Investors awaited retail sales and producer price data due at 8:30 a.m. ET.
Citigroup stock slips after hours as job cuts, credit-card cap talk collide ahead of earnings

Citigroup stock slips after hours as job cuts, credit-card cap talk collide ahead of earnings

Citigroup shares fell 1.2% to $116.30 in after-hours trading Tuesday after a source said the bank will cut about 1,000 jobs this week, part of a plan to reduce its workforce by 20,000 by 2026. The move comes as Citi faces a Supreme Court setback, a proposed federal credit card rate cap, and heightened investor scrutiny ahead of its fourth-quarter earnings report Wednesday.
Wall Street Slips as Trump Credit-Card Cap Plan Hits Banks; CPI Holds at 2.7%

Wall Street Slips as Trump Credit-Card Cap Plan Hits Banks; CPI Holds at 2.7%

Financial stocks led Wall Street lower Tuesday after JPMorgan executives warned that Trump’s proposed 10% cap on credit-card interest rates could squeeze lending. The Dow fell 394.97 points to 49,195.23. The Consumer Price Index rose 0.3% in December, up 2.7% year-on-year, keeping focus on possible Fed rate cuts. Visa, Mastercard, Citigroup, and American Express shares dropped.
Dow and S&P 500 futures rise after CPI cools on core as JPMorgan kicks off earnings

Dow and S&P 500 futures rise after CPI cools on core as JPMorgan kicks off earnings

U.S. stock index futures rose after December core CPI increased 0.2%, below forecasts. JPMorgan beat profit estimates but recorded a $2.2 billion charge tied to its Apple Card deal. Bank of New York Mellon shares slipped despite a higher profitability target. Delta Air Lines tumbled on a muted earnings outlook, pulling other airlines lower.
Citigroup stock slides after-hours on reported job cuts as credit-card rate cap looms

Citigroup stock slides after-hours on reported job cuts as credit-card rate cap looms

Citigroup shares dropped 3% to $117.70 in after-hours trading Monday after reports the bank will cut about 1,000 jobs this week. The move comes as President Trump proposed a one-year 10% cap on credit card interest rates, rattling consumer lender stocks. Citi aims to cut 20,000 jobs by year-end. Major banks begin reporting earnings Tuesday, with investors watching for signs of tighter lending and rising delinquencies.
13 January 2026
JPMorgan stock slides after Trump credit-card rate cap call; earnings and CPI due Tuesday

JPMorgan stock slides after Trump credit-card rate cap call; earnings and CPI due Tuesday

JPMorgan Chase shares fell 1.5% in after-hours trading Monday after President Trump called for a one-year 10% cap on credit-card interest rates, raising concerns over bank revenues. Bank of America dropped 1.6% and Citigroup slid 3.7%. UBS analysts said the proposal would require congressional approval. JPMorgan reports fourth-quarter earnings Tuesday morning.
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.
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.
US stocks today: Futures slip as Powell indictment threat roils banks; Fed speakers, Treasury auctions on the calendar

US stocks today: Futures slip as Powell indictment threat roils banks; Fed speakers, Treasury auctions on the calendar

S&P 500 and Nasdaq 100 E-minis fell 0.66% and 0.88% premarket after President Trump called for a 10% cap on credit card interest rates. Financial stocks led declines, with Citigroup down nearly 4% and American Express off 5%. Federal Reserve Chair Powell said the Justice Department issued grand jury subpoenas to the Fed over his Senate testimony. Walmart rose 3% ahead of its Nasdaq-100 debut.
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Stock Market Today

  • Top 3 Cryptocurrencies to Hedge Against Rising U.S. Debt and Inflation Risks
    May 1, 2026, 4:37 PM EDT. The U.S. government's interest payments have surged to $970 billion in 2025, surpassing national defense spending and raising concerns of increased money printing or "the big print." This scenario suggests rising inflation, potentially eroding the dollar's value. Fiscal experts project deficits above $2 trillion annually, limiting spending flexibility. Investors increasingly consider inflation-hedging assets. Cryptocurrencies like Bitcoin (BTC), Zcash (ZEC), and tokenized gold through Tether Gold (XAUT) offer protection. Bitcoin's capped supply combats inflation, Zcash provides privacy features, and tokenized gold represents tangible value. Allocating to these assets can help investors prepare for prolonged inflation pressures driven by U.S. fiscal dynamics.

Latest article

Oracle Stock Jumps After Pentagon AI Win, OpenAI Reassurance

Oracle Stock Jumps After Pentagon AI Win, OpenAI Reassurance

1 May 2026
Oracle shares jumped 6.4% to $171.74 after the U.S. War Department cleared the company to deploy AI on classified military networks. The move eased investor concerns over Oracle’s exposure to OpenAI and its costly AI data-center expansion. Trading volume topped 22 million shares in late New York trading.
Zoom Communications Stock Jumps as May 21 Earnings Test Puts AI Plan on Clock

Zoom Communications Stock Jumps as May 21 Earnings Test Puts AI Plan on Clock

1 May 2026
Zoom shares rose 6.6% to $103.60 Friday, trading over 4.7 million shares. The company will report first-quarter fiscal 2027 results on May 21 and hold its virtual annual meeting on June 11, where shareholders will vote on directors, auditor, and executive pay. Fourth-quarter revenue reached $1.247 billion, up 5.3% year-over-year.
GameStop’s $9 Billion Cash Pile Just Put Its Stock Back In Play

GameStop’s $9 Billion Cash Pile Just Put Its Stock Back In Play

1 May 2026
GameStop shares rose to $26.61 Friday in New York, extending gains above the 200-day moving average as investors speculated on CEO Ryan Cohen’s plans for $9 billion in cash and securities. Fiscal fourth-quarter results showed net sales down to $1.104 billion, but operating income climbed to $135.2 million. Collectibles revenue jumped 47.7% year over year, now making up 29.2% of sales.
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