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Monday, April 21, 2025 5:07:28 PM
Stocks get clobbered again as Trump amps up Powell attacks
The Dow fell nearly 1,000 points, tech sold off, and the 'Sell America' trade gathered steam.
https://finance.yahoo.com/news/live/stock-market-today-dow-drops-950-points-sp-500-nasdaq-tumble-as-trump-bashes-feds-powell-again-200049063.html
Trump asks Fed's Powell to lower rates, calls him a 'major loser'
US stocks tanked on Monday as President Trump hurled criticism at Federal Reserve Chair Jerome Powell again, sparking concerns of Fed independence at a time when markets have been reacting to the president's whipsawing tariff policy.
The S&P 500 (^GSPC) was down more than 2.3%, while the tech-heavy Nasdaq (^IXIC) sank 2.5%. The Dow Jones Industrial Average (^DJI) dropped almost 2.4%, or nearly 1,000 points.
The Dow fell nearly 1,000 points, tech sold off, and the 'Sell America' trade gathered steam.
https://finance.yahoo.com/news/live/stock-market-today-dow-drops-950-points-sp-500-nasdaq-tumble-as-trump-bashes-feds-powell-again-200049063.html
Trump asks Fed's Powell to lower rates, calls him a 'major loser'
US stocks tanked on Monday as President Trump hurled criticism at Federal Reserve Chair Jerome Powell again, sparking concerns of Fed independence at a time when markets have been reacting to the president's whipsawing tariff policy.
The S&P 500 (^GSPC) was down more than 2.3%, while the tech-heavy Nasdaq (^IXIC) sank 2.5%. The Dow Jones Industrial Average (^DJI) dropped almost 2.4%, or nearly 1,000 points.
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