US stocks took a hit after President Donald Trump’s remarks on Federal Reserve Chair Jerome Powell, resulting in significant drops in the Dow, S&P 500, and Nasdaq. Leading the decline were technology stocks such as Tesla, Nvidia, and Amazon. The US dollar saw a decrease in value, while gold prices rose. Investors were also worried about inflation and the implications of Trump’s trade strategies.

Posted in
JUST IN
Trump’s Criticism of Fed Chair Sparks Stock Plunge: Dow, S&P 500, Nasdaq Fall; Tech Stocks Lead Downturn
In Trend

Trump’s attacks and trade tensions fuel market uncertainty, US dollar drops, gold prices rise, stocks decline.
