US: Wall St opens subdued after Trump’s latest attack on Fed

US: Wall St opens subdued after Trump’s latest attack on Fed

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Published Tue, Aug 26, 2025 · 09:44 PM

[NEW YORK] Wall Street’s main indexes opened slightly lower on Tuesday (Aug 26), pressured by a rise in longer-dated Treasury bond yields after US President Donald Trump’s decision to fire a Federal Reserve governor renewed concerns about the central bank’s independence.

The Dow Jones Industrial Average fell 45.6 points, or 0.10 per cent, at the open to 45,236.83.

The S&P 500 fell 3.8 points, or 0.06 per cent, at the open to 6,435.49​, while the Nasdaq Composite dropped 5.7 points, or 0.03 per cent, to 21,443.631 at the opening bell. REUTERS

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Liam Redmond

As an editor at Forbes Europe, I specialize in exploring business innovations and entrepreneurial success stories. My passion lies in delivering impactful content that resonates with readers and sparks meaningful conversations.

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