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NYSE:C 12 January 2026 - 15 January 2026

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Stock market today: Nasdaq slides as bank earnings and credit-card cap talk hit Wall Street

Stock market today: Nasdaq slides as bank earnings and credit-card cap talk hit Wall Street

U.S. stocks finished lower Wednesday, with the Nasdaq dropping 1% as tech shares tumbled and bank stocks weakened following mixed quarterly results. The S&P 500 slipped 0.53%, the Dow edged down 0.09%, while consumer staples and energy sectors gained ground. The Russell 2000 hit a record close. Traders are now pricing in at least two Federal Reserve rate cuts by year-end. “After a nice run, and so-so or mediocre earnings, you're seeing profit-taking and consolidation” in banks, said Michael O’Rourke, chief market strategist at JonesTrading.
15 January 2026
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Why U.S. stocks fell today: Nasdaq slides as bank earnings and China cyber worries rattle Wall Street

Why U.S. stocks fell today: Nasdaq slides as bank earnings and China cyber worries rattle Wall Street

U.S. stocks slipped on Wednesday, with the Nasdaq falling 1% as tech and bank shares took a hit while investors shifted toward safer bets. The Dow dropped 42.36 points to 49,149.63, the S&P 500 lost 37.14 points to 6,926.60, and the Nasdaq slid 238.12 points to 23,471.75. Yet, the small-cap Russell 2000 hit a record closing high. “After a nice run … you’re seeing profit-taking,” said Michael O’Rourke, chief market strategist at JonesTrading.
14 January 2026
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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

Shares of Citigroup Inc dropped 1.2% to $116.30 in after-hours trading Tuesday. A source told Reuters the bank plans to cut around 1,000 jobs this week, part of a broader effort to reduce its workforce by 20,000 by the end of 2026. “These changes reflect adjustments we're making to ensure our staffing levels, locations and expertise align with current business needs,” said a Citi spokesperson. The bank employed roughly 229,000 full-time workers as of Dec. 31, 2024, per its latest annual report.
14 January 2026
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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%

U.S. stocks ended lower on Tuesday, led by a drop in financial shares after JPMorgan executives warned that President Donald Trump's proposed cap on credit-card interest rates could squeeze lending. The Dow Jones Industrial Average fell 394.97 points, or 0.81%, to 49,195.23, while the S&P 500 lost 0.20% to 6,963.30 and the Nasdaq Composite slipped 0.10% to 23,711.20, preliminary data showed. Visa and Mastercard slid, and “Financials are getting hit by Trump's credit card proposal,” said Tim Ghriskey, senior portfolio strategist at Ingalls & Snyder in New York.
13 January 2026
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Citigroup stock dips as 1,000 job cuts loom and earnings near

Citigroup stock dips as 1,000 job cuts loom and earnings near

Shares of Citigroup dipped 0.4% to $117.27 by 12:13 p.m. EST Tuesday, following a Reuters report that the bank plans to cut roughly 1,000 jobs this week. The cuts come as Citigroup moves to trim costs ahead of its quarterly earnings. A spokesperson said, “These changes reflect adjustments we're making to ensure our staffing levels, locations and expertise align with current business needs.”
13 January 2026
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Stock market today: Nikkei jumps, yen sinks as Dow and S&P brace for U.S. CPI and JPMorgan

Stock market today: Nikkei jumps, yen sinks as Dow and S&P brace for U.S. CPI and JPMorgan

Global stocks climbed Tuesday, fueled by a record surge in Tokyo as investors awaited U.S. inflation figures and the kickoff of major bank earnings. Japan’s Nikkei soared 3.3%, while the yen slipped toward 159 per dollar. IG strategist Chris Beauchamp described the market as “climbing and climbing” a fresh “wall of worry.” Gold hovered near $4,600 an ounce following a record high, with RBC’s Christopher Louney dubbing it a “catch-all” hedge.
13 January 2026
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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 Inc shares fell 3% to $117.70 in after-hours trading Monday after Reuters reported the bank plans to cut roughly 1,000 jobs this week. Citi didn’t confirm the figure but restated it plans to keep trimming its workforce through 2026. The bank is targeting a total reduction of 20,000 employees by year-end under an earlier announced strategy. A spokesperson said, “These changes reflect adjustments we're making to ensure our staffing levels, locations and expertise align with current business needs.”
13 January 2026
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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

Shares of JPMorgan Chase & Co slipped Monday following President Donald Trump’s call for a one-year 10% cap on credit-card interest rates starting Jan. 20, stirring fears over a crucial revenue stream for major banks. JPM fell 1.5% in after-hours, closing at $324.49 after hitting a low of $317.34 during the day. Bank of America dropped 1.6%, while Citigroup slid 3.7% in early trade. UBS analysts noted that such a cap would require “an Act of Congress” to become reality.
12 January 2026
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