Wall Street ends lower, led by drop in Nasdaq, with tech, banks falling
Citigroup and Bank of America shares also fell, even after the companies beat Wall Street estimates for fourth-quarter profit. Financials including the banks, which were up sharply in 2025, have fallen this week amid concerns over U.S. President Donald Trump's proposed cap on credit-card interest rates, which JPMorgan executives warned could squeeze consumers and hurt financial sector profits. "After a nice run, and so-so or mediocre earnings, you're seeing profit-taking and consolidation" in the banks, s ...