Powell DOJ threat shakes markets: gold tops $4,600 as dollar slips and Dow futures dip
U.S. stock index futures dipped on Tuesday after the heads of the European Central Bank, the Bank of England and nine other central banks issued a rare joint statement backing Federal Reserve Chair Jerome Powell. At 5:09 a.m. ET, S&P 500 e-minis were down 0.14% and Nasdaq 100 e-minis fell 0.24%, pointing to a softer open as traders braced for U.S. inflation data expected to show consumer prices accelerated in December.