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Story perspectives

Stocks Dip Amid Fed Investigation and Tariff Threats

1/18/2026

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Story summary
  • S&P 500 fell 0.1% and Nasdaq 0.4% last week as stocks closed lower amid uncertainty.
  • Federal Reserve Chairman Jerome Powell is under investigation by Trump administration, fueling concerns.
  • U.S. President Donald Trump threatened a 25% tariff on countries dealing with Iran, unsettling investors.
  • Despite a favorable inflation report, Wells Fargo missed earnings and Goldman Sachs delivered mixed results.
  • Portfolio adjustments trimmed positions in Texas Roadhouse, Goldman Sachs, and Wells Fargo.