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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

New York, Feb 8, 2026, 13:45 EST — The market has shut its doors for the day. Financial services names in the U.S. caught a bid going into the weekend, with the Dow breaking past 50,000 for the first time. Goldman Sachs rallied 4.3%, fueling the move. “What’s driven it recently has been the broadening that we have seen in the market … other than just the tech, AI trade,” said Horizon Investment Services CEO Chuck Carlson.
8 February 2026
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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

NEW YORK, January 19, 2026, 13:33 EST — Market closed Financial services stocks reopened Tuesday amid uncertainty over card lenders. President Donald Trump has proposed capping credit card interest rates at 10% for one year starting Jan. 20, though he didn’t specify how it would be enforced. Banks quickly pushed back, warning that tighter credit could result. JPMorgan Chase CFO Jeremy Barnum said broad price caps would cause people to “lose access to credit.” Currently, average credit card rates hover around 22%, while U.S. card balances hit $1.23 trillion in Q3. A Vanderbilt University study suggests a 10% cap might save consumers $100 billion annually.
19 January 2026
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Stock Market Today

  • Joby Aviation Drops as Toyota JV Filing Spells Out Small Initial Funding, Milestone Terms
    July 2, 2026, 3:08 PM EDT. Joby Aviation (NYSE: JOBY) fell 4.5% to $8.445 after an SEC filing showed its new manufacturing JV with Toyota Motor Corp (NYSE: TM) will start with just $2 million in equity. Toyota owns 51% of the venture, Joby Toyota Aero Manufacturing Preparation Company, while Joby holds 49%. Future funding, including a possible $250 million tranche from Toyota, will depend on milestones and deals that haven't been detailed. Shares erased earlier gains on the JV news as the market reacted to details around the commitment. Joby ended Q1 with $2.47 billion in cash and equivalents and the JV is set to build Joby's S4 Series eVTOL aircraft.
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