Global news you need to know before Monday's U.S. stock market opens

Wallstreetcn
2026.01.12 13:57

The situation in Iran is delicate, Powell is being sued, spot gold has broken through $4,600 per ounce, spot silver surged 7% during the day, and U.S. stock futures are down.
The U.S. Department of Justice has initiated a "criminal investigation" against Federal Reserve Chairman Powell, who stated, "This is the result of the Federal Reserve not being obedient."
The China-Europe electric vehicle case has achieved a "soft landing," and the European side will release a price commitment guidance document.
U.S. bank stocks generally fell, and Trump stated he wants to set a "10% cap" on credit card interest rates.
India's satellite launch mission failed! The PSLV rocket has failed for the second consecutive launch.
Institutions: The storage market has entered a "super bull market" phase.
The Japanese stock market is closed today, the Shanghai Composite Index rose 1.09%; the Hang Seng Index rose 1.44%