US Stock Futures Drop Amid Bank Earnings and Geopolitical Tensions
US stock futures fell Wednesday as investors monitored bank earnings, inflation data, and rising US-Iran tensions. Oil prices climbed, and precious metals hit records.
Topic
Latest reporting and analysis tagged with Federal Reserve.
US stock futures fell Wednesday as investors monitored bank earnings, inflation data, and rising US-Iran tensions. Oil prices climbed, and precious metals hit records.
Gold futures opened at $4,610 per troy ounce on Tuesday, down 0.1% from Monday's close. The price reached an all-time high of $4,620 yesterday. Federal Reserve Chair Jerome Powell commented on an ongoing investigation by the Trump administration, stating it continues attempts to manipulate interest rates.
Certificate of deposit rates are falling from recent peaks but still offer returns above 4% in some cases, with Marcus by Goldman Sachs providing a leading 1-year CD at 4% APY as of January 13, 2026.
Money market account rates are historically high, with top accounts offering over 4% APY, though rates have trended downward following Federal Reserve cuts in late 2024 and 2025.
Money market account rates are falling after recent Federal Reserve rate cuts, with top rates still above 4% APY. Savers are considering these accounts for liquidity and safety.
High-yield savings accounts offer rates around 4% APY as deposit rates fall after Federal Reserve rate cuts in late 2024 and 2025. SoFi currently provides a 4% APY rate.
Certificate of deposit rates are falling as the Federal Reserve reduces interest rates, though some CDs still offer over 4% APY. Historical trends show rates dropped after crises but rose with inflation, now declining from recent peaks.
Money market funds hit a record $7.8 trillion in assets, but strategists warn yields will drop as the Fed cuts rates, with forecasts showing declines through 2026.
Danielle DiMartino Booth discusses Fed independence, credit card rate caps, and a labor market recession while markets remain near record highs.