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Fed Politics Stifle US Equity Futures Pre-Bell
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Fed Politics Stifle US Equity Futures Pre-Bell
Aug 26, 2025 5:46 AM

08:23 AM EDT, 08/26/2025 (MT Newswires) -- US equity futures were little changed pre-bell Tuesday after President Donald Trump said he was removing Federal Reserve board member Lisa Cook.

Dow Jones Industrial Average futures were down 0.1%, S&P 500 futures were 0.1% lower, and Nasdaq futures were down 0.2%.

Trump said late Monday he was dismissing Cook from the central bank's seven-member board due to allegations of mortgage fraud.

Oil prices were lower, with front-month global benchmark North Sea Brent crude down 1.6% at $67.15 per barrel and US West Texas Intermediate crude 1.7% lower at $63.67 per barrel.

The July durable goods orders report, scheduled for release at 8:30 am ET, is expected to show a 3.8% decrease in new orders, according to estimates compiled by Bloomberg.

The S&P Case-Shiller home price index for June is due for release at 9 am ET.

The Conference Board's Consumer Confidence Index, slated for release at 10 am ET, is seen coming in at 96.4 for August versus July's 97.2.

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