US Futures Fall, Volatile Start For Nikkei, Dollar Slips As Trump Pushes Fed For Rate Cuts, Jerome Powell Exit
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U.S. stock futures fell on Sunday evening after a three-day Easter weekend, with S&P 500 futures down 0.67%, Nasdaq futures down 0.58%, and Dow futures down 0.72%. Japan's Nikkei 225 also experienced volatility, dropping 0.90% due to a strengthening Yen. The U.S. Dollar Index slipped below 99 amid concerns over the Federal Reserve's independence, following comments about the potential firing of Fed Chair Jerome Powell. Major companies, including Alphabet and Tesla, are set to release earnings this week.
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