The week on Wall Street begins with a new conflict at the hands of Donald Trump. The US president has initiated a criminal investigation against the president of the Federal Reserve (FED), Jerome Powell. Which brought uncertainty to the stock market at the opening. Without forgetting another Trump measure against financial institutions to limit interest rates to 10%. Despite the initial correction, DOW JONES Ind AverageS&P 500 y NASDAQ 100 closed the session up +0.14% to 49,571 points, +0.20% to 6,978 points and +0.17 to 25,800 points respectively.
According to Yahoo Financethis investigation against Powell raises concerns about the independence of the FED.
Powell announced that the Department of Justice has subpoenaed the FED, threatening criminal charges for his testimony about building renovations. In a strongly worded statement, Powell said the move constitutes an escalation of President Trump’s campaign to pressure the FED to cut interest rates.
«The threat of criminal charges results from the Federal Reserve setting interest rates based on our best assessment of what will benefit the public, rather than following the president’s preferences,» Powell wrote, describing the concerns cited in the subpoenas as «pretexts.»
The responses against the accusations were immediate. «The alleged criminal investigation into Federal Reserve Chairman Jay Powell is an unprecedented attempt to use fiscal attacks to undermine (the Fed’s) independence,» says the statement signed by the former Fed chairs Janet Yellen, Ben Bernanke and Alan Greenspanas well as for four former treasury secretaries who served under Republican and Democratic presidents.
The analysts They do not expect the FED to make cuts this month after Friday’s December jobs report showed a continued cooling of the labor market without indicating a pronounced economic slowdown.
But Trump’s controversial measures do not stop there, as he has warned the corporate sector, bank stocks and other financial services about the loan interest rates. The president has indicated that if you are exceed 10% they would be «breaking the law.»
Regarding economic data, this session we had the The Conference Board Employment Trends Index (Dec) with a result of 104.27 compared to the previous 104.64.
We also had auction of public debt or T-Bill of 3 months, 6 months for 3.609% and 3.490%. Without forgetting the 3-year debt auction or T-Note at 3.609%.
Among the winning values of the session we have: Dexcom (+6.34% to 71.65 dollars), Builders FirstSo (+12.01% to $124.66) and Walmart (+3.57% to $118.62)
Dexcom went up this Monday in the middle of a downgrade by Barclays to underweight with a price target of $71in its current price. According to Investing, the downgrade reflects concerns about the increasingly vulnerable position of DexCom in the continuous glucose monitoring (CGM) market, where the company has faced increasing competition from the Freestyle platform Free from Abbottwhich now has approximately 50% of market share.
Builders Firstsource went up this Monday after the White House’s $200 billion mortgage bond plan and greater firmness in the start of the construction of single-family homes. This may improve the near-term outlook, but does not eliminate the key risk that real estate activity and margins remain under pressure if affordability or commodity prices turn against the company according to Yahoo Finance.
Walmart rose after the announcement of an alliance with Google (Alphabet-A) to integrate Geminithe technology giant’s artificial intelligence assistant, in your shopping experience.
The announcement was made in National Retail Federation Big Show in New Yorkwhere the new Walmart CEO John Furner and Google CEO Sundar Pichaishared details of the collaboration. The feature will roll out first in the US, with international expansion plans as per Yahoo Finance.
On the losing side we have a Synchrony Financ (-8.25% to 79.68 dollars), Capital One Finl (-6.86% to $232.06) and American Express (-4.47% to $358.86)
The main catalyst for the correction of these companies, as of others in the sector, has been the Trump’s move to put a limit on loan interest rates of 10% as we said at the beginning.
“Beginning January 20, 2026, I, as President of the United States, call for a one-year cap of 10% on credit card interest rates,” Trump wrote Friday night in a post on Truth Social according to Yahoo Finance.
Capital One Financial It wasn’t the only bad news he received. This Monday he agreed to pay 425 million dollars for accusations of having deceived consumers on a high-yield savings program.
The Wall Street Journal indicated that a court on Monday preliminarily approved an agreement for the payment of restitutions, according to the New York Attorney General Letitia James.
Los Oil futures WTI is trading +0.80% at $59.40 and the Brent crude oil up +0.71% to $63.79.
He Oro upload a +2.48% to $4,611 per ounce.
Bitcoin also upload a +0.90% to $91,502.
He EUR/USD an increase in the +0.27% a 1.1669.
The 10-year bond yield upload a +0.38% a 4.188 already 30 years +0.50% to 4,843.