Today: 2 May 2026
Browse Category

NYSE:XLF 19 January 2026 - 8 February 2026

Financial services stocks brace for “jobs + CPI” week after XLF jumps — here’s what traders watch

Financial services stocks brace for “jobs + CPI” week after XLF jumps — here’s what traders watch

The Dow closed above 50,000 for the first time Friday, led by a 4.3% jump in Goldman Sachs and gains in major U.S. banks. The Financial Select Sector SPDR Fund rose 1.8% and the KBW Nasdaq Bank Index climbed 2.7%. Robinhood surged 14% and Coinbase 13% as bitcoin topped $70,000. Rate-cut bets increased after January layoff data, with Fed funds futures showing a 22.7% chance of a March cut.
8 February 2026
······
Financial services stocks face a Tuesday test as Trump’s 10% credit-card cap deadline nears

Financial services stocks face a Tuesday test as Trump’s 10% credit-card cap deadline nears

U.S. financial stocks rebounded Tuesday as traders reacted to President Trump’s proposal to cap credit card interest rates at 10% for one year. Banks warned the cap could restrict credit access, with JPMorgan Chase’s CFO citing risks to borrowers. The Financial Select Sector SPDR Fund closed Friday at $54.44, while the KBW Nasdaq Bank Index slipped 0.4% to 167.79. Investors remain focused on policy uncertainty and lender responses.
19 January 2026
···

Stock Market Today

  • May Day NYC Rally Demands Higher Taxes on Billionaires, Worker Protections
    May 2, 2026, 1:46 AM EDT. Thousands gathered in New York City's Washington Square Park on May Day to demand higher taxes on billionaires and improved worker rights. The event, led by unions and immigrant organizations, included a march to Foley Square and protests outside Amazon and the New York Stock Exchange. Mayor Zohran Mamdani affirmed support for workers, emphasizing solidarity and his pledge to tax the rich. Organizers highlighted concerns over rising living costs and unsafe working conditions. Activists also pushed for the New York For All Act, aimed at protecting immigrant workers by limiting local cooperation with federal immigration enforcement. Several arrests were reported during the Wall Street climate protest, but the Washington Square rally remained peaceful under heavy NYPD presence.

Latest article

Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

US Stock Market Today: Live Updates 02.05.2026

2 May 2026
LIVEMarkets rolling coverageStarted: May 2, 2026, 12:00 AM EDTUpdated: May 2, 2026, 1:59 AM EDT May Day NYC Rally Demands Higher Taxes on Billionaires, Worker Protections May 2, 2026, 1:46 AM EDT. Thousands gathered in New York City's Washington Square Park on May Day to demand higher taxes on billionaires and improved worker rights. The event, led by unions and immigrant organizations, included a march to Foley Square and protests outside Amazon and the New York Stock Exchange. Mayor Zohran Mamdani affirmed support for workers, emphasizing solidarity and his pledge to tax the rich. Organizers highlighted concerns over rising living
US Stock Market Today After Hours: Nasdaq Tops 25,000 As S&P 500 Hits Record High

US Stock Market Today After Hours: Nasdaq Tops 25,000 As S&P 500 Hits Record High

2 May 2026
Nasdaq 100 futures climbed 0.68% and S&P 500 futures edged up 0.06% in early after-hours trading Friday, while Dow futures slipped 0.48%. The S&P 500 and Nasdaq closed at record highs, driven by first-quarter S&P 500 profit growth of 27.8%, according to LSEG. Oil prices, inflation signals, and upcoming jobs data remain in focus. GameStop shares rose 4% after reports it was preparing an offer for eBay.
McDonald’s Corporation Stock Slides Before Earnings as Its Big Drink Bet Comes Due

McDonald’s Corporation Stock Slides Before Earnings as Its Big Drink Bet Comes Due

2 May 2026
McDonald’s shares fell 2.37% to $286.64 on Friday, underperforming rivals ahead of its May 7 earnings report and a U.S. launch of six new McCafé specialty drinks. The company will begin selling the drinks nationwide on May 6, adding beverage specialist roles at 14,000 restaurants. Investors are watching whether the new drinks and value offers can boost traffic without slowing service or hurting margins.
Go toTop