Stock Market Today: Stocks signal slump as investors eye Fed chief's tenure
Powell's shaky tenure at Fed weighs on market. Gold soars, but crude oil slides lower.
U.S. stocks were headed for a loss at the open as traders fretted about tariffs, rising interest rates, and the question of whether Jerome Powell would be forced out as chairman of the Federal Reserve.
At 8:30 a.m. ET, an hour before trading opens on U.S. exchanges, futures trading in the major averages were all lower.