Stocks fell in overnight trading Sunday after Federal Reserve Chair Jerome Powell confirmed the Trump administration had opened a criminal investigation into the central bank.
Dow Jones Industrial Average futures were down 200 points shortly after 8:30 p.m. EST, falling 0.4 percent. S&P 500 futures were down 0.5 percent and Nasdaq futures were down 0.7 percent.
The slide came after Powell announced in a stunning statement that he and the Fed were under investigation by the Department of Justice (DOJ), which had issued subpoenas to bank officials Friday night and had threatened a criminal indictment.
Powell said the investigation focused on the Fed’s renovations to several buildings at its Washington, D.C., headquarters, and his testimony to the Senate Banking Committee in June about the matter.
The Fed chair, however, dismissed those concerns as “pretexts” to pressure the bank over its interest rate policy.



Israeli strikes across Gaza have killed at least 13 people, according to health officials, as U.S. President Donald Trump was expected to announce his Board of Peace to oversee the fragile ceasefire.
A video circulating on social media shows dozens of masked men dressed in black hitting and kicking a man on the ground. Israeli settlers beat a 67-year-old man, Basim Saleh Yassin, as he was trying to flee a plant nursery in the West Bank.
A Ukrainian drone strike sparked a fire at an oil depot in Russia's southern Volgograd region, officials said Saturday, after Russia launched a powerful hypersonic missile along with drones and other weapons that disrupted Kyiv's power supply and heating.
The worst thing about today's media environment is that — bad as it is — it is easy to imagine how things might get worse in 2026.
Three Democratic members of Congress from Minnesota, including House representative Ilhan Omar, were blocked from entering an Immigration and Customs Enforcement (ICE) detention center located near Minneapolis on Saturday morning.
At least four tankers, most of them loaded, that had departed from Venezuela in early January in "dark mode" — or with their transponders off amid a strict U.S. blockade — are now back in the South American country’s waters, according to state company PDVSA and monitoring service TankerTrackers.com.





























