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NYSE:C 15 January 2026 - 22 January 2026

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

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.
20 January 2026
Citigroup CEO Jane Fraser’s blunt memo puts Citi job cuts and AI overhaul back in focus

Citigroup CEO Jane Fraser’s blunt memo puts Citi job cuts and AI overhaul back in focus

Citigroup CEO Jane Fraser told employees the bank will be “judged on our results” and flagged that automation and AI — artificial intelligence software that automates tasks — will reshape jobs firmwide, according to an internal memo. Citi plans to cut roughly 1,000 jobs this week, part of a broader effort to slash up to 20,000 positions by the end of 2026 and achieve $2.5 billion in cost savings.
16 January 2026
Brent crude price sinks as Trump cools Iran fears; traders refocus on inventories

Brent crude price sinks as Trump cools Iran fears; traders refocus on inventories

Brent futures tumbled more than 4% on Thursday after U.S. President Donald Trump said killings of demonstrators during protests in Iran were stopping, easing fears of a U.S. strike and supply disruptions. Brent was down $2.84, or 4.27%, at $63.68 a barrel by 1012 GMT, while U.S. West Texas Intermediate fell $2.68, or 4.32%, to $59.34. “The immediate risk premium had softened but is unlikely to go away,” Saxo Bank analyst Ole Hansen said.
15 January 2026
US stock futures today: TSMC lifts chip stocks as traders scan the U.S. economic calendar

US stock futures today: TSMC lifts chip stocks as traders scan the U.S. economic calendar

U.S. stock index futures climbed Thursday, with Nasdaq 100 contracts leading the way after Taiwan Semiconductor Manufacturing Co’s quarterly earnings and outlook boosted chip stocks. By 5:03 a.m. ET, S&P 500 futures had added 0.32%, Nasdaq 100 futures jumped 0.74%, and Dow futures inched up 0.06%. The Labor Department’s weekly jobless claims report is anticipated to show a rise to 215,000 for the week ending Jan. 5. Meanwhile, analysts project S&P 500 quarterly profit growth of 8.8% year-over-year as earnings season heats up.
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