Powell probe rattles futures ahead of inflation data and bank earnings
TL;DR
U.S. stock futures fell Sunday night after news of a criminal probe into Fed Chair Jerome Powell, with the Nasdaq 100 down 0.74%, the Dow down 0.47%, and the S&P 500 down 0.50% as investors await Tuesday’s inflation data and major bank earnings from JPMorgan Chase, Citigroup, Bank of America, Goldman Sachs and Morgan Stanley.
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- Powell says the Federal Reserve was served DOJ subpoenas over building renovations CBS News
- Global Central Bankers Express Support for Fed Chair After Criminal Investigation The New York Times
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