Couverture de Trump Pressures Fed, Futures Fall

Trump Pressures Fed, Futures Fall

Trump Pressures Fed, Futures Fall

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 Trumps pressure on Fed, credit card cap proposal, and fourth-quarter earnings: Wall Street futures pull back as Trump administration ramps up pressure on the Federal Reserve, proposing a one-year cap on credit card interest rates at ten percent. Financial shares, including Citigroup, JPMorgan Chase, and American Express, drop in premarket trading. Traders react cautiously, sending S and P five hundred E-minis down as Dow E-minis and Nasdaq one hundred E-minis also fall. Attention shifts to fourth-quarter earnings, with JPMorgan Chase reporting on Tuesday. Walmart shares rise ahead of joining the Nasdaq one hundred index. Checkout Solipillow.com

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