Trade war fears drive US stock plunge; Dow Jones, Nasdaq, S&P 500 drop, VIX spikes. Gold gains, dollar weakens.

US stocks tumbled as trade war fears escalated due to President Trump’s decisions and Federal Reserve disapproval, causing a mass exodus of investors. The Dow Jones, Nasdaq, and S&P 500 all saw substantial drops, with the VIX spiking to indicate increased market instability. Meanwhile, gold prices climbed as investors turned to safe-haven options, and the US dollar faltered against leading global currencies.

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