
Stock Market Today: Dow Jones and S&P 500 Futures Slide as DOJ Actions, Fed Tensions, Vistra, Tempus AI & Alibaba Grab Attention
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U.S. stock futures fell Monday following strong gains on Friday, with major benchmark futures trading lower ahead of the week’s session. Markets reacted to renewed tensions between the U.S. Department of Justice and the Federal Reserve after Fed Chair Jerome Powell revealed that the DOJ threatened the central bank with potential criminal indictment related to his congressional testimony on costly renovation work at the Fed’s headquarters — amplifying political pressure on the central bank.
Investors also digested recent economic data, including Friday’s modest increase in nonfarm payrolls for December that missed expectations, and the U.S. Supreme Court’s delay on a ruling about President Trump’s global tariff policies.
In premarket trading, major indices such as the Dow Jones, S&P 500, and Nasdaq were lower. Several individual stocks were in focus: Vistra Corp. climbed modestly after announcing a long-term nuclear power deal with Meta Platforms, Alibaba Group surged on strong adoption of its Qwen AI model, and Tempus AI gained after reporting record contract values, while other names like XPeng saw gains on product and delivery growth news.
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