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Fed Turmoil Sends U.S. Futures Lower as DOJ Targets Powell

U.S. stock futures retreated as investors reacted to an unprecedented clash between the Federal Reserve and the Department of Justice. The downturn followed news that the DOJ has launched a criminal investigation involving Fed Chair Jerome Powell, injecting fresh uncertainty into financial markets already sensitive to policy signals. Dow, S&P 500, and Nasdaq futures all slipped in early trading, reflecting a broad pullback from recent highs. Tech‑heavy Nasdaq futures led the decline as traders reassessed risk appetite. The investigation centers on Powell’s testimony regarding renovations to Federal Reserve facilities. Powell has characterized the probe as politically motivated, suggesting it stems from tensions over the Fed’s resistance to political pressure on interest‑rate decisions. The episode has raised renewed concerns about the independence of the central bank — a foundational element of market stability. Investors are now weighing whether the conflict could influence up...
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Tech Stocks Rally After Inflation Data Shows Improvement

                                            

In a surprising turn of events, tech stocks led a market rally today following better-than-expected inflation data. Here are the key highlights:

  1. Inflation Eases Slightly: Despite persistent concerns about rising prices, the latest data indicates a slight easing of inflationary pressures.

  2. Consumer Price Index (CPI): The Consumer Price Index, a crucial measure of inflation, showed more favorable numbers than anticipated. This development has reinforced expectations that the Federal Reserve may soon cut interest rates.

  3. Tech Stocks Surge: Investors cheered the news, particularly in the tech sector. Companies like Apple, Microsoft, and NVIDIA (NVDA) saw significant gains.

  4. Market Outlook: With inflation under control, market sentiment has improved. The Dow Jones Industrial Average (^DJI) and the Nasdaq Composite (^IXIC) both posted strong gains.

While uncertainties remain, today’s positive data offers hope for investors. Keep an eye on further economic reports this week as the market reacts to changing conditions.






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