Stock Futures Slip Ahead of Key NVIDIA Earnings
Digest more
U.S. stock futures point to a pause
Digest more
It looks like investors are coming to terms with President Donald Trump's latest attack on Federal Reserve independence. S&P 500 futures swiftly fell 0.5% from overnight highs, and the dollar dived, after Trump said in a social media post that he had sacked Fed governor Lisa Cook.
Stock futures start the week lower after a Friday rally driven by hopes of a September rate cut. Follow along for live updates on the Dow, S&P 500 and Nasdaq.
Asian markets mixed as Trump fires Fed Governor Lisa Cook, fueling independence doubts. Hang Seng slips while China stocks rise on stimulus hopes.
Fed Chair Jerome Powell signaled the potential for a rate cut, possibly the first this year, but didn’t say when, how often, or by how much rates could decline from current levels.
U.S. stocks were edging higher in final hour of trading on Tuesday, as investors downplayed concerns that President Donald Trump’s attempt to fire Federal Reserve governor Lisa Cook could undermine the central bank’s independence and potentially hurt the U.