Stock market today: Dow, S&P 500, Nasdaq futures slide as Trump's DOJ probes Powell in threat to Fed
Yahoo Finance·2026-01-12 00:16
US stock futures sank early on Monday after Federal Reserve Chair Jerome Powell said the Trump administration has threatened him with a criminal indictment, reigniting concerns over the central bank's independence. Dow Jones Industrial Average futures (YM=F) fell 0.5%, while those on the S&P 500 (ES=F) moved down 0.5%. Contracts on the tech-heavy Nasdaq 100 (NQ=F) led the way lower, down 0.8% on the heels of record closing highs for Wall Street stocks. Investors were rattled late Sunday evening after Fe ...