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US STOCKS SNAPSHOT-Wall Street falls at open on worries over Fed autonomy
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US STOCKS SNAPSHOT-Wall Street falls at open on worries over Fed autonomy
Mar 11, 2026 12:24 AM

Jan 12 (Reuters) - Wall Street's main indexes opened

lower on Monday after ‌the Trump administration ​renewed its

attacks on the ‍Federal Reserve, ⁠stoking ⁠fresh worries about the

central ‌bank's independence, ​while a proposed one-year cap ⁠on

credit-card ‍interest ​rates weighed on financial stocks.

The Dow Jones ‍Industrial Average fell 4.4 points, or

0.01%, at the open to ​49499.67. ‍The S&P 500 fell 22.2

points, ​or 0.32%, to 6944.12, while the Nasdaq Composite

dropped 94.5 points, or 0.40%, ​to 23576.877.

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