Trump’s Criticism and Trade Tensions Drive Dollar Down, Gold Up; US Markets Suffer Significant Losses

President Trump’s recent criticisms of Fed Chairman Powell and escalating trade tensions have led to market uncertainty, resulting in a decline in the US dollar and a surge in gold prices. The Dow, Nasdaq, and S&P 500 all experienced significant losses as investors grow increasingly worried about the US economy’s stability. This has prompted a shift towards safe-haven assets and European markets. The impact of these developments is being closely watched by investors and analysts in India and around the world.

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US stocks nosedive on trade war fears and Trump’s criticism of Fed, prompting investors to seek safe havens.

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