Trump says he’s not going to make any stock market predictions in case there’s a ‘dip’

Trump says he’s not going to make any stock market predictions in case there’s a ‘dip’


Key Points
  • “I don’t want to get into a situation where they do and we have a dip or something, because that can always happen,” Trump told CNBC’s Jim Cramer during “Squawk on the Street.”
  • Trump repeatedly used the stock market as a performance barometer during his first term. In that time, the S&P 500 scaled nearly 68% — reaching all-time highs.



Source

JPMorgan Chase is set to report fourth-quarter earnings – here’s what the Street expects
Finance

JPMorgan Chase is set to report fourth-quarter earnings – here’s what the Street expects

Key Points JPMorgan Chase reports fourth-quarter earnings before the market open Tuesday. Wall Street expects earnings of $5 a share and revenue of $46.2 billion, according to LSEG. JPM executives will host a call with analysts at 8:30 a.m. ET. Source

Read More
Trump targets credit card rates. What’s at stake for Capital One and other banks
Finance

Trump targets credit card rates. What’s at stake for Capital One and other banks

Capital One shares dropped more than 6% on Monday after President Donald Trump targeted a key way that our favorite credit card issuer makes money. The weakness in Capital One followed Trump’s call for a one-year, 10% cap on credit card rates to take effect on Jan. 20. In his Truth Social post late Friday […]

Read More
Stocks making the biggest moves midday: Citigroup, Abercrombie, Vistra, Duolingo and more
Finance

Stocks making the biggest moves midday: Citigroup, Abercrombie, Vistra, Duolingo and more

Check out some of the companies making the biggest moves in midday trading. Bank stocks — The group fell broadly after President Donald Trump called for credit card rates to be capped at 10% for one year . Capital One slid 6%, Synchrony Financial tumbled 8% and Citigroup dropped 3%. Bank of America , Wells […]

Read More