The Justice Department allegedly began an unprecedented criminal investigation of the Federal Reserve chair.

Bank results and the Consumer Price Index are key this week. Jobs data pushed down rate cut odds, but stocks hit new highs as unemployment fell. A 10-year note auction comes today.

Stocks are mixed around midday, though well off the lows of the session, as markets digest news that the DOJ opened a criminal probe into Fed Chairman Powell over a building renovation project.

Technology has become a major driver of emerging-market stock performance.

Fed independence concerns hit stocks and Treasuries after Fed Chairman Jerome Powell came under a Justice Department investigation. Big bank results and CPI data loom tomorrow.

Crude oil futures (/CLG26) ended the week higher as escalating protests in Iran raise the prospects of oil supply disruptions.

Liz Ann Sonders and Kathy Jones discuss the market reactions to the news out of Venezuela and analyze the latest economic indicators.

Stocks are on track for weekly gains, with most of the majors hitting fresh all-time highs, as money finds its way towards other, non-tech, areas of the market.

Investors are on pins and needles waiting for Friday's December payrolls report, with expectations at around 55,000. Weak data Wednesday helped weigh on Treasury yields and stocks.