Markets Edge Lower as Fed Chair Pick Looms
TL;DR Summary
Stock futures fell after the S&P 500’s second straight decline as gold and silver pulled back from their gains; with President Trump signaling a forthcoming Federal Reserve chair appointment, investors are weighing contenders such as Kevin Warsh. Apple beat fiscal Q1 expectations and Sandisk issued strong guidance, highlighting AI-related infrastructure spending as a key market driver, while overall sentiment remains cautious and weekly gains are modest ahead of more earnings and policy news.
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- Stocks Slip as Gold, Silver Hit New Records The Wall Street Journal
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- Microsoft’s $357 Billion Rout Is Worst Since Deepseek Hit Nvidia Bloomberg.com
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