Dow Jones Top Markets Headlines at 7 PM ET: Fed's Williams Hints Rates Need No Near-Term Adjustment | U.S. ...

Dow Jones01-13

Fed's Williams Hints Rates Need No Near-Term Adjustment

New York Fed President John Williams said that interest rates are in a comfortable place, hinting that he and other U.S. central bankers may not be in a rush to bring interest rates lower this month.

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U.S. to Impose 25% Tariff on Countries Doing Business With Iran, Trump Says

The move comes as the White House weighs a response to protests in Iran that have rocked its government.

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U.S. Stocks End Higher, Gold Hits Record After Prosecutors Launch Powell Probe

Stocks recovered from early losses and ended higher after Fed Chair Powell said President Trump was seeking to press the central bank into cutting interest rates with the threat of a criminal indictment.

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U.S. Prosecutors Are Investigating Fed Chair Jerome Powell

Powell said the criminal probe is part of President Trump's campaign to pressure the Fed to lower interest rates.

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ECB's Villeroy Backs Powell, Sees 2026 Rate Rise as 'Fanciful'

The ECB is very unlikely to raise its key interest rate this year, with a weaker dollar among a number of potential developments keeping eurozone inflation low, Bank of France Governor Francois Villeroy de Galhau said.

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Banks Enter Earnings Season on Firmer Footing, Though Risks Linger

U.S. banks are entering the new year on solid footing after a strong 2025, and analysts say that momentum should continue, barring any unforeseen shocks.

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Grain Futures Drop After USDA Increases Crop-Supply Estimates

The latest monthly World Agricultural Supply and Demand Estimates report shows higher ending stocks for corn and soybeans, running counter to what markets expected.

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Canada Anticipates Progress in China Talks to Resolve Trade Row

Canada anticipates progress with China on resolving trade irritants regarding canola and electric vehicles during Prime Minister Mark Carney visit's to Beijing this week, officials said.

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Funding for Risky Biotechs Is Returning

Publicly traded drug developers sold more than $13 billion of shares in the fourth quarter, the most in more than four years.

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Australia's Critical Minerals Reserve to First Focus on Antimony, Gallium, Rare Earths

Canberra is working with Washington and other allies to diversify global critical-mineral supply chains that are dominated by China.

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China's Daily Stock Trading Volume Hits Record High

Trading volume across mainland Chinese stock exchanges reached $521.80 billion, as a slow bull market is taking shape amid the country's supportive measures and progress on artificial intelligence.

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Gold Breaks Through $4,600 on Fed Concerns, Haven Boost

Prices climbed to a record as a criminal probe into Jerome Powell revived concerns over the central bank's independence, and protests in Iran boosted safe-haven demand.

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Stocks are signaling that another commodities 'supercycle' is afoot in 2026

Parts of the financial market linked to hard assets and tangible items appear to be settling into what could become a prolonged boom.

 

(END) Dow Jones Newswires

January 12, 2026 19:00 ET (00:00 GMT)

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