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US Stock Futures, Dollar, Treasuries Tumble On Powell Punt Panic; Gold, Bitcoin Soar

Summary by Zero Hedge
US Stock Futures, Dollar, Treasuries Tumble On Powell Punt Panic; Gold, Bitcoin Soar With most global markets still closed for Easter holiday, US equity futures start the week sharply lower while the dollar and Treasuries plunge (10s and 30s are 8bp and 10bps higher as the yield curve twists steeper) as traders reacted to the possibility that Trump will try to remove Powell. As of 8:00am ET, S&P futures are down 1.3% and Nasdaq futures slide 1.5…
DisclaimerRead with caution - this story is only being covered by one news source that has a ‘low factuality’ rating, which means the outlet has a history of poor reporting practices. Learn more about factuality ratings here.

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Finance Magnates | Financial and business news broke the news in on Monday, April 21, 2025.
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