Investors shrug off concerns after Trump says he removed Lisa Cook from Fed post
U.S. financial markets edged higher on Tuesday, with investors shrugging off immediate concerns over President Trump’s decision to remove Lisa Cook from the Federal Reserve’s Board of Governors, an unprecedented move that analysts say could hinder the central bank’s independence. The S&P 500 gained 26 points, or 0.4%, to close at 6,466, while the Dow Jones