🚨 JUST IN: 📉 Nasdaq 100 slides on Fed Chair shift fears $ETH
Wall Street futures are moving lower, with Nasdaq 100 futures down ~1.31%, as markets react to Kevin Warsh emerging as President Trump’s likely pick for Federal Reserve Chair.
KEY DETAILS:
• Index: Nasdaq 100
• Move: ~-1.31% (futures)
• Catalyst: Kevin Warsh Fed Chair news
• Driver: Policy uncertainty repricing $SOL
WHY IT MATTERS:
• Signals concern over a potential shift in Fed policy direction
• Tech and growth stocks are most sensitive to rate expectations
• Traders are adjusting for a new monetary regime $PAXG
BOTTOM LINE:
Markets Don’t Like Surprises At The Fed.
When Chair Expectations Change, Rates — And Risk Assets — Reprice Fast
