Daily Market Report – January 14, 2026

Market Overview – Wed., January 14, 2026 (after US opening)

US stocks are trending lower today after the earnings season for the fourth quarter has begun with the release of numerous results from banks.

Bank of America BAC: Q4 profit was $7.6 billion with an EPS of $0.98 (+18%), exceeding expectations, partly thanks to record net interest income and stronger trading. Citigroup C reports very strong earnings of $2.5 billion. However, the results are burdened by a loss due to the sale of AO Citibank in Russia. Charlie Scharf, CEO and Chairman of Wells Fargo WFC, reported diluted EPS of $1.62, which disappointed the market. Bank stocks are falling significantly today, even though the results from the banks were mostly strong. One reason for this is the sharp rise in stocks in the recent past and the uncertainty caused by Trump, for example, with his call to cap credit card interest rates. JPMorgan JPM remains a topic as management warns of the consequences of a discussed credit card interest rate cap. Other key topics today: Gold & silver are marking new records – driven by rate cut expectations and geopolitical uncertainty. Netflix NFLX is moving the sector with reports of a possible bid for parts of Warner Bros Discovery WBD.