Wall Street opens lower on renewed concerns over Fed’s independence, financial stocks dip

Major US stock indices opened lower on Monday after the Donald Trump administration renewed its attacks on the Federal Reserve, stoking fresh worries about the central bank’s autonomy. Financial stocks declined following a proposed one-year cap on credit-card interest rates. At the open, the Dow Jones Industrial Average fell 4.4 points, or 0.01%, to 49499.67….

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Wall Street mixed after weak jobs data

Wall Street key indexes were mixed on Friday, as investors digested weaker-than-expected jobs data. A Labor Department report showed nonfarm payrolls increased 50,000 in December. The unemployment rate stood at 4.4%, slightly below analyst expectations. Investors were awaiting a Supreme Court ruling on US President Donald Trump’s tariffs. At the open, the Dow Jones Industrial…

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