FTSE 100 closes up despite ‘harsh’ UK jobs data The FTSE closed up 46.09 points, 0.5%, at 8,972.64. Evening Standard · Jul 17, 2025
Stocks Supported by Signs of US Economic Strength The S&P 500 Index ($SPX ) (SPY ) today is up +0.25%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.19%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.47%. September E-mini S&P futures (ESU25 ) are up +0.25%, and September E-mini Nasdaq futures... Barchart · Jul 17, 2025
Dollar Climbs on Signs the US Economy Is Holding Up The dollar index (DXY00 ) today is up +0.35% at a 3.5-week high. Signs of strength in the US economy may keep the Fed from cutting interest rates and are supportive of the dollar. Weekly initial unemployment claims unexpectedly fell to a 3-month low, June retail sales rose more than... Barchart · Jul 17, 2025
Signs of Economic Strength Boost Stocks The S&P 500 Index ($SPX ) (SPY ) today is up +0.30%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.35%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.40%. September E-mini S&P futures (ESU25 ) are up +0.08%, and September E-mini Nasdaq futures... Barchart · Jul 17, 2025
‘The independence of the Fed is absolutely critical’: Jamie Dimon warns Trump against firing Jerome Powell Markets drop, Trump walks back, repeat. We Got This Covered · Jul 17, 2025
US Shoppers Keep Spending, Sending A Loud Message To Powell And Trump June retail sales smashed expectations, rising 0.6% month-over-month after two straight declines, signaling that U.S. consumers remain resilient despite elevated borrowing costs and tariff policy uncertainty. Benzinga · Jul 17, 2025
Beige Book Flags Growing Pessimism As Tariffs And Labor Shortages Squeeze US Economy The Federal Reserve's latest Beige Book shows modest growth but rising concerns over tariffs and immigrant labor shortages, clouding the economic outlook. International Business Times · Jul 17, 2025
Who Appointed Jerome Powell and Can President Trump Fire Him? What You Need to Know Jerome Powell, appointed by Trump, faces firing threats. Legal limits and market risks loom. Legal hurdles and recent backtrack suggest it's unlikely, but tensions remain. International Business Times UK · Jul 17, 2025
Season 576 of ‘Trump forgot again’ as the president publicly rewrites his decision and dumps the script on Biden Someone needs to start writing these things on his hands now. We Got This Covered · Jul 17, 2025
The changing nature of startup employment, OpenAI’s e-commerce ambitions, and Powell’s future It has been, to say the least, a wild week in the private markets. I’m taking you briefly inside my reporter’s notebook. Fortune · Jul 17, 2025
Citigroup Earnings Could Signal What’s Next for Markets Citigroup's quarterly earnings show investors a resilient future for the stock market, backed by potentially lower interest rates from the Fed. MarketBeat · Jul 17, 2025
For one hour, investors got a taste of a new world where the Fed is run by a ‘stooge’—and they hated every minute of it A noncredible chair would face resistance from inside the Fed, former Fed Vice Chair Richard Clarida says. Fortune · Jul 17, 2025
Stocks Muted Before the Open as Investors Await U.S. Retail Sales Data, Netflix Earnings on Tap September S&P 500 E-Mini futures (ESU25) are up +0.05%, and September Nasdaq 100 E-Mini futures (NQU25) are up +0.13% this morning, pointing to a muted open on Wall Street after yesterday’s volatile session, with attention now turning to U.S. retail sales data and an earnings report from streaming giant Netflix. Barchart · Jul 17, 2025
US Stocks Likely To Open On A Mixed Note: Netflix, PepsiCo, TSM Earnings In Focus U.S. stock futures were swinging between gains and losses on Thursday after ending higher on Wednesday. Futures of major benchmark indices were mixed. Benzinga · Jul 17, 2025
The Independent UK · Jul 17, 2025 Asian shares are mostly higher after Trump says he discussed firing Fed Chair Powell World shares are mostly higher while U.S. futures are mixed after President Donald Trump rocked Wall Street by saying he had “talked about the concept of firing” the head of the Federal Reserve
Benzinga · Jul 17, 2025 Federal Reserve's Beige Book Reveals Tariff-Driven Profit Squeeze As Businesses Avoid Price Hikes — What It Means for Consumers The latest Federal Reserve study of economic conditions reveals that businesses that did not raise prices or pass on the impact of tariffs to their customers are likely to take a hit on their profit margins.
Euronews · Jul 17, 2025 Trump considered firing Fed Chair but said he is 'highly unlikely' to do so President Donald Trump rocked Wall Street temporarily by saying he had “talked about the concept of firing” the head of the Federal Reserve, but was unlikely to do so, ”unless he has to leave for fraud”.
Benzinga · Jul 17, 2025 Bitcoin, Ethereum, Dogecoin Climb Amid Trump-Powell Turbulence: Analyst Says BTC Could Reach $3 Trillion Market Cap By Year-End If This Happens Leading cryptocurrencies rose alongside stocks on Wednesday as President Donald Trump denied that he plans to remove Federal Reserve Chair Jerome Powell.
International Business Times · Jul 17, 2025 Asian Stocks Struggle As Traders Eye Fed Saga, Trade War Asian markets fluctuated Thursday after a rollercoaster day on Wall Street punctuated by fears Donald Trump was considering sacking the head of the US Federal Reserve.
The Guardian - US · Jul 17, 2025 Trump news at a glance: Musk mocks ‘Epstein hoax’ claims after president blasts its ‘stupid’ believers Musk says Trump should release files and ‘point out which part is the hoax’ as the president struggles to contain crisis within Maga base. Key US politics stories from Wednesday 16 July at a glance
The Independent UK · Jul 16, 2025 The Latest: Justice Department fires prosecutor on Epstein case and daughter of ex-FBI director The Justice Department has fired Maurene Comey, the daughter of former FBI director James Comey and a prosecutor in the federal cases against Sean “Diddy” Combs and Jeffrey Epstein
The Independent UK · Jul 16, 2025 ‘Surprised’ Trump appears to forget he appointed Powell as Fed chair before blaming Biden for keeping him on Seeming gaffe comes a day after he fabricated a story about his uncle and Unabomber Ted Kaczynski
Barchart · Jul 16, 2025 Stocks End Higher Despite Uncertainty About Possible Powell Firing The S&P 500 Index ($SPX ) (SPY ) on Wednesday closed up +0.29%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.47%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.12%. September E-mini S&P futures (ESU25 ) rose +0.33%, and September E-mini Nasdaq futures...
We Got This Covered · Jul 16, 2025 Donald Trump says he will fire the Fed Chair, then says he won’t — so who’s he lying to this time? Why approve a bill you’re just going to cut to pieces later?
Benzinga · Jul 16, 2025 Trump-Powell Feud Heats Up: Odds Of Fed Chair Ouster Spike A political firestorm erupted on Wall Street Wednesday as speculations surged that President Donald Trump could fire Federal Reserve Chair Jerome Powell before his term ends, reigniting fears over central bank independence.