Why the stock market keeps shrugging as Trump sows more political chaos
CNBC·2026-01-14 16:12

Stock investors largely shrugged off the criminal investigation of Federal Reserve Chair Jerome Powell — the latest example of the market looking past political risk.The Dow Jones Industrial Average initially tumbled nearly 500 points on Monday. Investors worried the probe represented a broader push by President Donald Trump to strip away the central bank's autonomy in setting interest rates.But as the session went on, the blue-chip index — along with the broad S&P 500 and small cap-focused Russell 2000 — w ...