Breaking News: Markets
- JPMorgan Chase tops estimates as trading revenue exceeds expectations - JPMorgan will give investors a view into how consumers and corporations fared toward the end of last year and issue guidance on how 2026 may develop.
- European markets set to open broadly higher as geopolitics remains in focus - European stocks are expected to open broadly higher on Tuesday, with investors keeping an eye on geopolitical developments and data.
- Japan's Nikkei 225 jumps over 3% as expectations that ruling party will opt for a snap vote rise - Asia markets opened higher as investors shrugged off ongoing geopolitical flashpoints and a criminal investigation into Fed chair Jerome Powell.
- Greenspan, Bernanke, Yellen and other past officials say Trump using 'prosecutorial attacks' to undermine Fed - Previous Federal Reserve chairs, Treasury secretaries and prominent economists came together Monday to support Jerome Powell.
- Yellen says Powell probe 'extremely chilling' for Fed independence, market should be concerned - Former Fed Chair Janet Yellen spoke Monday to CNBC about a Department of Justice investigation into current Chair Jerome Powell.
- Trump's credit card rate cap plan has unclear path, 'devastating' risks, bank insiders say - A 10% rate cap would make large swaths of the credit card industry unprofitable, especially tied to customers with less-than-ideal credit, banks say.
- Banks including Citi, JPMorgan slide after Trump calls for credit card interest rate limit - Posting on Truth Social, Trump said said he would "no longer let the American Public be 'ripped off' by Credit Card Companies."
- Gold smashes new record of $4,600 as Powell probe and global flashpoints ignite safe-haven rush - Spot gold advanced higher to hit over $4,600 an ounce for the first time.
- Dutch chip stock BE Semiconductor pops 8% after orders jump 105% in fourth quarter - European stocks started the new week in negative territory as investors weigh geopolitical developments and pressure on Fed Chair Jerome Powell.
- World's most vital oil chokepoint back in focus amid possible U.S. action against Iran - In an extreme escalation scenario, where tankers are unable to pass or energy infrastructure is damaged, oil prices could surge by double digits, said analysts.