By WSJ Staff

Exxon Mobil (XOM): President Trump said he might block the oil company from drilling in Venezuela after Chief Executive Darren Woods described the country as "uninvestible" at present. Shares dropped about 1% in premarket trading.

Synchrony Financial (SYF), Capital One Financial $(COF)$: Shares in both companies fell after Trump called late Friday for credit-card interest rates to be capped at 10% for a year, his latest attempt to address voter concern about living costs.

American Express $(AXP)$, Citigroup (C), JPMorgan $(JPM)$, Bank of America (BAC): Shares of the biggest U.S. banks and credit-card companies lost 2% or more ahead of the open. JPMorgan will kick off bank earnings season Tuesday. Shares of Barclays (UK:BARC, BCS) dropped 3.5% in London.

Walmart $(WMT)$: The retailer will enter the Nasdaq-100 on Jan. 20, Nasdaq said Friday. Walmart, which moved its listing from the New York Stock Exchange last month, replaces AstraZeneca (AZN, UK:AZN). Shares rose about 2.5% premarket.

Heineken (NL:HEIA): The brewer said Chief Executive Dolf van den Brink will step down at the end of May after almost six years at the helm. Shares dropped around 2% in the Netherlands.

Allegiant Travel $(ALGT)$: The carrier reached a roughly $1.1 billion deal to buy Sun Country Airlines (SNCY), as U.S. budget airlines struggle with competition from bigger rivals. Shares fell 2% offhours, while Sun Country's stock rocketed 16% higher.

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(END) Dow Jones Newswires

January 12, 2026 05:19 ET (10:19 GMT)

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