economy
January 12, 2026
Jim Cramer's top 10 things to watch in the stock market Monday
The S&P 500 fell early this morning after the DOJ opened an investigation into Fed Chairman Jerome Powell.
TL;DR
- Justice Department opens criminal investigation into Federal Reserve Chairman Jerome Powell.
- Investigation reportedly concerns the Fed's headquarters renovation and Powell's testimony.
- Powell stated the probe is a result of the Fed setting interest rates independently.
- Stock market shows signs of a lower open following the Powell probe news.
- Trump is also proposing a 10% cap on credit card interest rates for one year.
- Wells Fargo raised Alphabet's price target due to strong performance in Search and Google Cloud.
- Walmart stock gained on news of its addition to the Nasdaq 100 and its AI collaborations.
- Teva shares soared after preannouncing at the high end of its guidance.
- Barclays raised price targets for United and Delta airlines, and for American Airlines.
- Wells Fargo maintained a buy rating on Meta Platforms while slightly lowering its price target.
- Citi adjusted price targets for GE Vernova, Eaton, and Honeywell, and placed Dover on a positive catalyst watch.
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