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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