Rise noted indicator S&P 500 on Tuesday (26.8.25) as the Wall Street seemed to leave her behind her Removal of Federal Bank Governor Lisa Cook by the Fed Board of Directors by decision of President Donald Trumpand turned to the waiting of the quarterly results of Nvidia, the technological giant in the semiconductor industry
Specifically, Wall Street’s key indicators closed as follows: The S&P 500 closed 0.40%, while Dow Jones rose 0.30%and Nasdaq also registered 0.44%.
The long -term yields of US government bonds increased after the Trump traffic, while short -term yields have declined as investors increased the yield curve on interest rates that may be reduced in the short term, but eventually increased as a politicized Fed. US dollar index
which measures the dollar against a basket of major coins, had last down 0.3%.
Cook plans to file a lawsuit by questioning her removal from the president, her lawyer said. The Fed said it will “comply with any court ruling” on the matter.
“President Trump has no power to remove federal bank governor Lisa Cook,” said lawyer Abe Lowell. “His attempt to dismiss her, based solely on a letter of referral, lacks any real or legal basis.”