Markets Close Lower, Judge Rejects Powell Case Subpoenas, More

Markets closed lower on Mar 13, 2026, according to Bloomberg News Now. A judge rejected subpoenas in the legal case involving Fed Chair Jerome Powell, removing a potential near-term source of legal disclosure. The twin headlines contributed to a risk-off tone in markets, though no specific price moves or magnitudes were reported.

Analysis

Markets closed lower on Mar 13, 2026, according to Bloomberg News Now. A judge rejected subpoenas in the legal case involving Fed Chair Jerome Powell, removing a potential near-term source of legal disclosure. The twin headlines contributed to a risk-off tone in markets, though no specific price moves or magnitudes were reported.