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NYSE:COF News 10 January 2026 - 13 January 2026

Capital One (COF) stock steadies after Trump’s 10% card-rate cap threat as $425 million settlement hits

Capital One (COF) stock steadies after Trump’s 10% card-rate cap threat as $425 million settlement hits

New York, January 13, 2026, 11:03 AM EST — Regular session Shares of Capital One Financial Corp ticked up Tuesday, clawing back a bit after Monday’s dip. Investors are wrestling with how aggressive Washington might get on capping credit-card interest rates—and what that could spell for lenders reliant on card business. By late morning, the stock was trading around $233.84, up roughly 0.3%. Policy risk is in focus. U.S. President Donald Trump has proposed a 10% cap on credit-card interest rates for one year starting Jan. 20, but hasn’t specified how it would be enforced. This rattled lenders and card
13 January 2026
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American Express stock sinks after Trump’s 10% credit-card rate cap idea — what AXP investors watch next

American Express stock sinks after Trump’s 10% credit-card rate cap idea — what AXP investors watch next

New York, Jan 12, 2026, 17:50 ET — Trading after hours. American Express shares fell 4.3% in after-hours trading Monday, following President Donald Trump’s call for a one-year cap on credit card interest rates at 10%. The stock last changed hands at $359.59, down $16.10 from its previous close, after dipping as low as $355.50 earlier in the session. (Reuters) The concern is straightforward: card lenders earn big when users carry balances, and a strict cap would quickly crush those profits. The selloff dragged down the entire credit sector, with Synchrony Financial, Bread Financial, and Capital One sliding 8% to
13 January 2026
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Why Capital One stock slid after-hours: Trump’s 10% rate-cap push meets a $425 million settlement

Why Capital One stock slid after-hours: Trump’s 10% rate-cap push meets a $425 million settlement

New York, Jan 12, 2026, 17:23 EST — After-hours Shares of Capital One Financial Corp dropped 6.4% to $233.20 in after-hours trading Monday, hitting a low of $221.68 during the session. The decline refocused attention on a political risk that many traders had largely set aside: President Donald Trump’s proposal to cap credit-card interest rates at 10% for one year. Lenders reliant on card interest from revolving balances face direct impact, and investors struggle to price in such a headline, even if it never materializes. Wall Street analysts say the legal route for the plan looks tight. UBS Global analysts
12 January 2026
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Capital One stock drops on Trump’s 10% credit-card rate cap talk as $425 million depositor settlement advances

Capital One stock drops on Trump’s 10% credit-card rate cap talk as $425 million depositor settlement advances

New York, Jan 12, 2026, 16:33 EST — After-hours Shares of Capital One Financial dropped 6.4% to $233.20 in after-hours trading Monday, dragged down by a widespread selloff among credit-card lenders. The slide followed President Donald Trump’s call to impose a 10% cap on credit-card interest rates for one year. (Reuters) The proposal targets Capital One’s main revenue driver: interest on revolving credit-card balances. It comes as the company grapples with new developments in a long-standing fight with depositors over interest rates on certain savings accounts. (Reuters) On Friday, Trump urged for the cap to start on Jan. 20 but
12 January 2026
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Bread Financial (BFH) stock slides on Trump’s 10% credit-card rate cap push; what’s next

Bread Financial (BFH) stock slides on Trump’s 10% credit-card rate cap push; what’s next

New York, Jan 12, 2026, 15:08 EST — Regular session Bread Financial Holdings’ shares dropped 10.8% to $71.65 in afternoon trading Monday, hitting a low of $70.06 earlier in the session. The move came after President Donald Trump proposed capping credit card interest rates at 10% for one year, beginning Jan. 20. However, Trump didn’t explain how he would enforce compliance among companies. (Reuters) Why it matters now: Credit cards function as “revolving credit,” letting borrowers carry balances and pay them off gradually. Issuers depend on interest income both to cover defaults and to finance perks. Truist Securities cautioned that
12 January 2026
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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

New York, Jan 12, 2026, 11:32 a.m. EST — Regular session JPMorgan Chase & Co shares fell about 2% to $322.55 in morning trading on Monday after President Donald Trump called for a one-year cap that would limit credit card interest rates to 10%. “It would take an Act of Congress for such rate caps to be in place,” UBS Global analysts wrote, while Seaport Research analyst Bill Ryan said “affordability has become a top concern.” (Reuters) The move matters because credit cards are a high-yield business for big banks, and a rate cap would cut straight into what lenders
12 January 2026
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Capital One stock slides as Trump’s 10% credit-card rate cap spooks lenders

Capital One stock slides as Trump’s 10% credit-card rate cap spooks lenders

New York, Jan 12, 2026, 08:13 EST — Premarket Shares of Capital One Financial dropped roughly 10% in premarket Monday after investors offloaded credit-card and consumer-lending stocks amid fresh chatter about rate caps. The squeeze landed hard on a business built around spreads. Credit-card interest powers issuer profits, and a 10% cap would plunge well below the industry’s current rates. The bids quickly evaporated. Synchrony Financial and Bread Financial tumbled between 10% and 11% in early trading. American Express slipped about 4%, while Visa and Mastercard each dropped roughly 2%. On the flip side, alternative lenders gained ground: Affirm rose
12 January 2026
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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

New York, Jan 12, 2026, 07:52 EST — Premarket S&P 500 E-minis, the futures linked to the benchmark index, slipped 0.66% to 6,959 points by 5:51 a.m. ET. Dow E-minis were down 0.72%, while Nasdaq 100 E-minis declined 0.88%, market data showed. https://www.reuters.com/business/finance/wall-st-futures-slip-worries-over-fed-independence-financial-stocks-slide-2026-01-12/ The market’s focused on politics and positioning this morning, not just the economic data. Traders face a packed week ahead with bank earnings and an inflation report on the docket. Now, the Fed chair has emerged as a standalone headline risk. https://www.reuters.com/business/finance/global-markets-view-usa-2026-01-12/ Federal Reserve Chair Jerome Powell revealed that the Justice Department issued grand jury subpoenas to
12 January 2026
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Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

Stock Market Today 12.01.2026

LIVEMarkets rolling coverageStarted: January 12, 2026, 12:00 AM ESTUpdated: January 12, 2026, 11:55 PM EST Sensex opens higher, Nifty above 25,800; gains fade after IT-led rally January 12, 2026, 11:55 PM EST. Benchmark indices opened higher on Tuesday on strong Q3 results from major IT firms, but gains faded soon after. The Sensex shed 90.05 points to 83,788.12, while the Nifty50 slipped 37.50 to 25,752.75 as of 10:12 am. Eternal led early movers with about a 3% rise, followed by State Bank of India, Tech Mahindra, HDFC Bank and ICICI Bank. Larsen & Toubro and HCL Technologies were the day's
12 January 2026
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Bank of America stock: Trump’s 10% credit-card rate cap call hits ahead of BAC earnings

Bank of America stock: Trump’s 10% credit-card rate cap call hits ahead of BAC earnings

New York, January 11, 2026, 11:15 EST — Market closed. U.S. President Donald Trump announced a one-year cap on credit card interest rates at 10%, set to start on Jan. 20, though he didn’t clarify how the plan would be enforced. The move adds fresh policy risk for Bank of America and other lenders as trading restarts. Banking groups warned this could “reduce credit availability.” Bank of America, American Express, and Capital One did not respond to Reuters’ requests for comment. “When companies can’t price the risk properly, they’ll just reduce credit lines,” said Brian Jacobsen, chief economic strategist at
11 January 2026
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Capital One stock faces fresh spotlight after Trump backs 10% credit card rate cap

Capital One stock faces fresh spotlight after Trump backs 10% credit card rate cap

New York, Jan 10, 2026, 18:04 EST — The market has closed. Shares of Capital One Financial Corporation are starting next week under pressure after U.S. President Donald Trump proposed capping credit card interest rates at 10% for one year. The stock closed Friday down 2.53%, settling at $249.20. (Reuters) The proposal targets the fees that fuel credit card profits but offers few specifics. Banking groups warned a cap would “reduce credit availability,” while Brian Jacobsen of Annex Wealth Management said firms might just cut credit lines if they “can’t price the risk properly.” Capital One, a leading U.S. card
11 January 2026
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AmEx (AXP) stock in focus after Trump calls for 10% cap on credit-card rates

AmEx (AXP) stock in focus after Trump calls for 10% cap on credit-card rates

New York, Jan 10, 2026, 14:40 EST — Market closed American Express shares enter Monday’s trading under pressure following President Donald Trump’s call to cap credit card interest rates at 10% for one year, starting Jan. 20. (Barron’s) This move hits at the heart of how the industry prices risk on revolving balances, usually expressed as an annual percentage rate, or APR. Brian Jacobsen, chief economic strategist at Annex Wealth Management, explained in an email that when firms can’t accurately price risk, they tend to slash credit lines or cut off credit altogether. He pointed out that credit cards are
10 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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