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US STOCKS SNAPSHOT-Wall Street falls at open on worries over Fed autonomy

ReutersJan 12, 2026 2:32 PM

- Wall Street's main indexes opened lower on Monday after the Trump administration renewed its attacks on the Federal Reserve, stoking fresh worries about the central bank's independence, while a proposed one-year cap on credit-card interest rates weighed on financial stocks.

The Dow Jones Industrial Average .DJI fell 4.4 points, or 0.01%, at the open to 49499.67. The S&P 500 .SPX fell 22.2 points, or 0.32%, to 6944.12, while the Nasdaq Composite .IXIC dropped 94.5 points, or 0.40%, to 23576.877.

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