By Saqib Iqbal Ahmed NEW YORK (Reuters) -As U.S. President Donald Trump narrows his shortlist for the next Federal Reserve chair, investors and strategists are closely analyzing the range of possible market reactions to each potential nominee poised to replace Jerome Powell when his term is over.

Federal Reserve Governor Christopher Waller is emerging as a top candidate to serve as the central bank’s chair among President Donald Trump’s advisers as they look for a replacement for Jerome Powell,

U.S. stocks reverse most early gains. Fed's Waller reportedly is a top pick to replace Powell as Fed chair. Investors also eye tariffs and earnings.