U.S. Stocks Slip on Financial Weakness -- Market Talk

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U.S. Stocks Slip on Financial Weakness -- Market Talk

Dow Jones01-14

1609 ET - U.S. stocks fall from record levels as JPMorgan Chase's profit slides 7% in 4Q as it takes a charge from its deal to take over the Apple credit card program and posts a surprising slip in investment banking fees. Chief Executive Jamie Dimon defends Jerome Powell and the Fed's independence. Credit card payments processors continue to fall after President Trump announced plans to cap credit card interest rates. Energy shares get a lift from continued gains in oil prices as Trump encourages Iranians to keep protesting and says "help is on its way." DJIAdrops 398 points, or 0.8%, to 49191, the S&P 500 loses 0.2% to 6963 and the Nasdaq falls 0.1% to 23709. (patrick.sullivan@wsj.com)

(END) Dow Jones Newswires

January 13, 2026 16:09 ET (21:09 GMT)

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