CPI Watch: Stock Futures Dip as Powell Subpoena Fight Keeps Gold Above $4,600
New York, Jan 13, 2026, 04:25 EST U.S. stock index futures slipped in early trading Tuesday as investors awaited the consumer price index (CPI) data and the initial batch of major bank earnings. The markets remain unsettled by the Justice Department’s probe involving Federal Reserve Chair Jerome Powell. S&P 500 futures dropped 0.1%, Nasdaq futures lost 0.3%, while Dow futures edged down roughly 0.1%. (Reuters) The CPI report arrives as investors wrestle with a fundamental question amid political turmoil: will the Fed stick to traditional rate-setting, or does this escalate into a fight that spills into policy? Reuters quoted investors