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European Shares Dip Amid U.S. Market Gains and Scrutiny

1/12/2026

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Story summary
  • European shares opened lower on January 12, 2026, after mixed Asia markets.
  • The Department of Justice scrutinizes Federal Reserve Chair Jerome Powell, escalating tensions with U.S. President Donald Trump over a renovation project.
  • U.S. stocks rose, with the S&P 500 up 0.6% and the Dow Jones Industrial Average up 0.5%.
  • Gold and silver prices increased as investors awaited U.S. inflation and wholesale prices data.