US markets today: Wall Street drifts lower as White House–Fed feud unnerves investors; dollar weakens, gold gains

US stocks declined as tensions between the White House and the Federal Reserve escalated, with the DOJ subpoenaing the Fed and threatening criminal charges against Chair Powell. Investors expressed unease over potential political pressure on the Fed’s interest rate decisions, impacting financial stocks and the dollar.

More From Author

US markets today: Wall Street drifts lower as White House–Fed feud unnerves investors; dollar weakens, gold gains

Net direct tax kitty swells 9 pc to Rs 18.4 lakh cr till Jan 11

Leave a Reply