Wall Street Rides High While Powell Under Investigation
Published on: Jan. 13, 2026, 2:33 a.m. | Source: Devdiscourse
The S&P 500 and Dow reached record highs despite the U.S. Justice Department probing Federal Reserve Chair Jerome Powell. Technology and Walmart shares surged, adding to gains. Investors brushed off news about Powell, focusing instead on upcoming earnings reports and potential interest rate cuts.
