Stock Market Today: S&P 500, Nasdaq 100 Futures Slip After Trump Fires Fed Governor Lisa Cook—Interactive Brokers, PVH Corp, Okta In Focus

Stock Market News Today: U.S. stock futures tumbled on Tuesday following Monday’s lower close. Futures of major benchmark indices were lower.

Transcript

00:00happy tuesday out there folks it is august 26th here and the stock market u.s stock futures fell

00:14on tuesday following monday's lower close futures of major benchmark indices were slightly lower

00:20the decline followed president trump's firing of lisa cook a federal or a member of the federal

00:26reserve board of governors on monday cook was removed from her position citing what trump

00:32referred to as quote deceitful and potentially criminal conduct end quote based on a criminal

00:37referral from william pulte the director of federal housing finance agency to the u.s attorney general

00:44pam bondy earlier this month uh investors are also awaiting the nvidia earnings that's going to be

00:51our biggest event this week that comes on wednesday after the close they're set to report second

00:56quarter earnings meanwhile the 10-year treasury bond has yielded 4.3 percent and the two-year bond

01:03yielded 3.71 percent the spy in the queues which track the s p 500 and the nasdaq 100 respectively

01:12fell in the pre-market on monday the spy was down 0.034 percent that's down less than one percent

01:20from an all-time high uh the q's declined 0.04 six percent they're down just over two percent from

01:27the all-time high the dow is down less than one percent from the all-time high and the iwm has

01:34continued to rally up 34 plus percent from liberation day