Jan. 14 at 1:33 AM
Evening Market Update 🌙
• US stock futures were mostly flat Tuesday evening after a pullback that pushed the Dow and S&P 500 off record highs, with investors remaining cautious following a weak session led by the Dow.
• Markets are focused on major bank earnings from Bank of America, Wells Fargo, and Citigroup, along with December producer price inflation data, after JPMorgan’s underwhelming earnings triggered a sell-off in its shares.
• Additional uncertainty comes from unresolved Supreme Court deliberations on President Trump’s tariff authority, escalating criticism of the Federal Reserve’s independence, and renewed pressure on financial stocks tied to proposed caps on credit card interest rates.
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