US STOCKS SNAPSHOT-U.S. stocks indexes fall after Bloomberg News reports Trump likely to fire Powell
ReutersJul 16, 2025 3:30 PM
July 16 (Reuters) - U.S. stock indexes reversed course to fall on Wednesday after Bloomberg News reported that President Donald Trump was likely to fire Federal Reserve Chair Jerome Powell soon, citing a White House official.
At 11:27 a.m. ET, the Dow Jones Industrial Average .DJI fell 100.39 points, or 0.23%, to 43,922.90, the S&P 500 .SPX lost 16.14 points, or 0.26%, to 6,227.62 and the Nasdaq Composite .IXIC lost 56.76 points, or 0.27%, to 20,621.04.
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