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Wall Street Reacts to Trump's Attack on Federal Reserve's Independence

KVIA•Monday, January 12, 2026 at 9:44 PM•CNN Newsource

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AI Summary

Investors have revived the 'Sell America' strategy following former President Trump's criminal investigation against Federal Reserve Chair Jerome Powell. On Sunday night, this led to a sell-off of U.S. stocks, bonds, and the dollar. However, the markets showed resilience on Monday, with the Dow Jones gaining 86 points to close at a record high. The dollar weakened, and Treasury yields rose, indicating potential concerns over the Fed's independence. The situation is significant as it reflects investor sentiment towards monetary policy stability, with implications for interest rates and market volatility. Investors are advised to monitor these developments closely as they could impact financial stability in the coming months.

Key Details: • Dow Jones closed up 86 points, reaching a record high. • The dollar index fell by 0.22%, indicating weakness in the currency. • 10-year Treasury yield rose to approximately 4.19%, nearing a one-month high. • Gold futures increased by 3.1%, surpassing $4,600 per ounce. • Investors should be aware of potential market volatility and shifts in monetary policy.

trump investors federal-reserve wall-street market-volatility

People & Organizations

Donald TrumpFederal ReserveJerome PowellKrishna GuhaEvercore ISIKarl Schamotta

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