'Sell America' trade returns as Trump's DOJ probes Powell

Stock futures and the U.S. dollar slumped early Monday while safe haven assets like gold rallied, in what analysts called a return of the “Sell America” trade after the revelation that the Department of Justice launched a criminal investigation into Federal Reserve Chair Jerome Powell. S&P 500 futures were down 0.6% Monday morning and the dollar slumped almost 0.5% against the euro. Gold rose to a new record high and briefly broke above $4,600 an ounce for the first time ever. The moves came as economists ...