Trump's Criticism of Fed Chair Sparks Stock Plunge: Dow, S&P 500, Nasdaq Fall; Tech Stocks Lead Downturn

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. L

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.