US stocks witnessed a sharp decline after President Donald Trump’s remarks on Federal Reserve Chair Jerome Powell, causing the Dow, S&P 500, and Nasdaq to plummet. Leading the downturn were technology giants such as Tesla, Nvidia, and Amazon. The US dollar also weakened, while gold prices saw a surge amidst investor anxiety fueled by concerns over inflation and Trump’s trade policies.
“Stocks tumble as Trump criticizes Fed chair, tech giants hit hard; dollar weakens, gold surges”
In Trend
Trump’s criticism and trade tensions shake markets; Dollar drops, gold rises. US stocks tumble; Investors seek stability.
