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Dow sinks 1,000 points as worries about Trump’s trade war and his criticism of the Federal Reserve spook investors

  • U.S. markets face significant declines, with the S&P 500 down more than 13% and the Nasdaq composite down 19% in 2025, due to concerns about President Donald Trump's trade war.
  • The U.S. dollar has fallen 9% against other currencies, and gold prices have reached an all-time high of $3,343 per ounce, indicating rising demand amidst fears of inflation and potential recession.
  • Oil prices are at a four-year low, reflecting worries about the impact of tariffs on global economic growth, as West Texas Intermediate crude is around $63 per barrel.
  • Economists warn that Trump's trade policies and criticism of Federal Reserve Chair Jerome Powell could lead to a recession affecting jobs and the supply chain.
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Just the News broke the news in Washington, United States on Monday, April 21, 2025.
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