DOJ, Powell and stock futures
Digest more
Powell said the investigation rests on “pretexts,” arguing it's retaliation for the Fed’s refusal to follow the Trump's preferences on interest rates.
US stock futures slid in Asian trading after reports of a DOJ criminal probe into the Fed, while yen weakness and lower JGB yields cushioned risk sentiment.
US President Donald Trump has made multiple references in the past about how he would want to fire Fed Chair Jerome Powell, calling him "too slow" in cutting interest rates, which he believes, should be much lower from where they currently are.
Official nonfarm payrolls data for December are due this morning. Follow along for live updates on markets and the top finance, economics and business stories.
U.S. stock futures rallied to their highest levels of the morning on Friday as investors cheered a drop in the unemployment rate and a jobs number that helped cement expectations for more Federal Reserve interest-rate cuts.
U.S. stock futures traded sideways early Friday as investors awaited a pivotal employment report and a possible Supreme Court decision that could affect President Trump’s tariffs. Futures tied to the Dow Jones Industrial Average (YM=F), S&P 500 (ES=F), and Nasdaq 100 (NQ=F) all hovered near the baseline, News.Az reports, citing foreign media.
Major stock indexes finished mixed Thursday, with the blue-chip Dow Jones Industrial Average rising but the tech-heavy Nasdaq pulled lower by data-storage shares.
U.S. stock futures swung between gains and losses on Monday after Friday’s slightly lower close. Futures of major benchmark indices were mixed. This will be a light week with respect to the releases of economic data,
Contracts tied to the Dow Jones Industrial Average futures (YM=F) and the S&P 500 (ES=F) declined 0.3%, while Nasdaq 100 futures (NQ=F) slipped
The Morning Bull - US Market Morning Update Thursday, Jan, 8 2026 US stock futures are slightly softer this morning, as investors weigh strong services activity against cooler hiring signals and what that could mean for interest rates.
Investor's Business Daily on MSN
Dow Jones futures fall as Fed chief Powell under criminal probe; JPMorgan, Goldman, Delta, Taiwan Semi ahead
Dow Jones futures fell modestly Sunday night, along with S&P 500 futures and Nasdaq futures. Federal prosecutors have launched a criminal investigation of Federal Reserve chief Jerome Powell, who said it's really a result of not cutting interest rates as fast as President Donald Trump wants.