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NYSE:MA 10 January 2026 - 14 January 2026

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. Trump’s one-year 10% cap proposal, set to start Jan. 20, has pushed politics into a week packed with U.S. inflation data and the first wave of earnings. Citigroup tumbled on the plan on Monday, and American Express and Capital One also fell, while JPMorgan analysts flagged Citi and U.S. Bancorp as having the biggest hit.
13 January 2026
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Wall Street slips on JPMorgan warning as December inflation holds at 2.7% — Visa, Mastercard tumble

Wall Street slips on JPMorgan warning as December inflation holds at 2.7% — Visa, Mastercard tumble

U.S. stock indexes slipped on Tuesday as financials dragged after JPMorgan warned that a proposed cap on credit-card interest rates could hit consumers, hammering payment stocks. At 11:28 a.m. ET, the Dow Jones Industrial Average was down 338.22 points, or 0.68%, the S&P 500 fell 0.29% and the Nasdaq Composite dropped 0.21%. Visa slid 4.7% and Mastercard sank 5.3%, and traders still priced in at least two 25-basis-point cuts later this year; “The Fed is likely to take its time and absorb more data,” said Skyler Weinand, chief investment officer at Regan Capital. The fresh inflation data is one of the last big inputs for policymakers and investors before the Federal Reserve meets later this month. With the S&P 500 and Dow hovering near record highs, even a small wobble in rate expectations can spill into valuations, especially for rate-sensitive sectors.
13 January 2026
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Ingenico’s WalletConnect tie-up brings stablecoin payments to in-store checkout

Ingenico’s WalletConnect tie-up brings stablecoin payments to in-store checkout

Payments terminal provider Ingenico announced Tuesday a partnership with WalletConnect Pay, enabling shoppers to use stablecoins at checkout and bringing crypto-style payments to everyday retail. Stablecoins are digital tokens meant to maintain a stable value, typically pegged to a currency like the U.S. dollar. Until now, they’ve mostly stayed within crypto markets. Still, payments companies are pushing them as tools to speed up transfers and reduce costs, particularly for cross-border payments.
13 January 2026
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Dow Jones Industrial Average drops from record as JPMorgan, Visa slide — what Wall Street watches next

Dow Jones Industrial Average drops from record as JPMorgan, Visa slide — what Wall Street watches next

New York, January 13, 2026, 13:39 EST — Regular session underway. The Dow Jones Industrial Average dropped 0.67% to 49,256.12 on Tuesday, dragged down by financial stocks as investors digested an inflation report that kept the rate-cut discussion open. U.S. crude climbed 2.67% to $61.09 a barrel, with Iran unrest sending oil prices to their highest in weeks.
13 January 2026
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Mastercard stock slides on Trump’s 10% credit-card rate cap talk — what investors watch next

Mastercard stock slides on Trump’s 10% credit-card rate cap talk — what investors watch next

New York, January 12, 2026, 18:42 EST — After-hours Mastercard Incorporated shares dipped Monday, pressured by a sell-off in card and consumer finance stocks following President Donald Trump’s call for a one-year cap on credit-card interest rates. The stock last traded down $9.17, or 1.6%, at $566.28, bouncing between $556.20 and $572.00 earlier in the session.
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.
13 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.
12 January 2026
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Stock Market Today

  • Gold Miners Push Australian Market Up After US Jobs Miss; Suncorp Lags
    July 2, 2026, 10:00 PM EDT. Gold stocks led Australian shares higher Friday as gold prices jumped after softer US non-farm payroll numbers. The weaker jobs report raised doubts on growth and drove buyers into safe havens. Suncorp fell, missing the move, as general insurers didn't follow the rally. The market moved quickly on global signals, with gold miners taking the spotlight as uncertainty drew in more trade.
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