
Stock futures edge up Tuesday, a day after Trump attack on Powell triggers major sell-off
CBSN
Dow, S&P 500 and Nasdaq futures are rebounding Tuesday morning, a day after the stock market took a hit. President Trump on Truth Social on Monday, renewed his criticism of Federal Reserve Chair Jerome Powellfor being "too late" to act, causing markets to major slump.
An hour before trading opened on Tuesday, Dow Jones futures were up 314 points, or .82%, S&P 500 futures rose 39 points, or .75%, while Nasdaq futures increased 147 points, or .82% — signaling a more positive outlook.
Yesterday the Dow fell over 1,000 points amid ongoing investor uncertainty about tariffs and the future of Powell's position as head of the central bank. National Economic Council Director Kevin Hassett last week said Mr. Trump and his team are studying whether Mr. Trump can fire Powell. While the outlook for leadership at the Fed remains unclear, analysts say that removing Powell would destabilize the United States' reputation on the world stage and set off a crisis in global financial markets.

Smuggler traveling from Thailand stopped with tarantulas, possums, lizards, authorities in India say
Indian customs officers made the latest "significant" seizure of endangered wildlife from a passenger arriving from Thailand, a government statement said: nearly 100 creatures including lizards, sunbirds and tree-climbing possums.

Some of the victims of the U.S. Capitol siege are angry about the Trump administration's public statements and response to this weekend's unrest in Los Angeles, accusing top officials and the president of hypocrisy. They point to the stark difference between the aggressive response of the president and his top aides against those who allegedly assaulted police in Los Angeles, compared to their staunch defense of those who admitted beating and gassing police on Jan. 6. The disparity risks inflaming the already heated controversy in California.

Clashes between federal agents and protesters in Los Angeles escalated Sunday as the demonstrations against immigration detention operations stretched into their third day and National Guard troops began arriving in the city under orders from President Trump. Here's a timeline of how the protests unfolded in multiple locations around L.A.