Global stocks falter as Trump DOJ launches criminal probe into Fed Chair Powell and gold tops $4,600
On Monday morning, global stock futures weakened after President Donald Trump's Department of Justice opened a criminal investigation into Federal Reserve Chair Jerome Powell. Powell, breaking a year-long public silence, argued the probe is a consequence of not following Trump's preferences as markets brace for the Federal Reserve's January 28 policy decision and record-breaking moves in gold and silver prices.