US inventory futures traded flat after a bruising day on Wall Road, marked by renewed criticism of Federal Reserve Chair Jerome Powell by President Trump.
Futures connected to the Dow Jones Industrial Common (YM=F), the benchmark S&P 500 (ES=F), and the tech-heavy Nasdaq Composite (NQ=F) dipped 0.1%.
As of seven:09:52 PM EDT. Market Open.
YM=F ES=F NQ=F
On Monday, shares tanked as Trump took to social media to say that the US economic system would gradual until Powell cuts rates of interest now, calling the Fed Chair “Mr. Too Late” and “a serious loser.”
Trump’s feedback escalated rising tensions between the president and the central financial institution. Final week, after Powell warned on Trump’s tariffs and reiterated the Fed would take a cautious method to lowering charges, Trump hit again with “Powell’s termination cannot come quickly sufficient.”
For traders attempting to maintain up with Trump’s fast-moving commerce coverage, the rift provides one other layer of cussed uncertainty as to the place the economic system may go subsequent.
Learn extra: The newest on Trump’s tariffs
On Tuesday, traders’ consideration will flip to Tesla (TSLA) earnings, with the EV maker set to report its outcomes after the bell.
Tesla has been contending with rising indicators of slumping gross sales and waning demand as CEO Elon Musk’s position in Trump’s White Home rattles its model. Tesla shares fell almost 6% on Monday and are down almost 44% this yr.
Verizon (VZ) and Lockheed Martin (LMT) may also report earnings on Tuesday.
Coming quickly
Inventory market protection for Tuesday, April 22, 2025.
'I gambled away £1m, two marriages and tried to take my life - however I…
(Reuters) - President Donald Trump on Monday saved up his verbal assault on Federal Reserve…
Harvard College is suing Donald Trump's administration after it rejected a listing of calls for…
Anna Moneymaker/Getty Photographs; ANDREW CABALLERO-REYNOLDS / AFP Shares, bonds, and the greenback dropped sharply on…
By Yuka Obayashi TOKYO (Reuters) - Oil costs climbed in early commerce on Tuesday as…
Alex Wong/Getty Photographs Messing with the Fed's independence may end in increased inflation and joblessness,…