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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

  • The Dow Jones Industrial Average dropped 971 points, or 2.5%, amid investor concerns about a trade war involving President Donald Trump and Federal Reserve Chair Jerome Powell's policies.
  • President Donald Trump referred to Jerome Powell as 'Mr. Too Late' and 'a major loser' over interest rate issues, which contributed to market instability.
  • The S&P 500 and Nasdaq also experienced significant losses of 2.4% and 2.6%, respectively, indicating widespread market anxiety.
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Just the News broke the news in Washington, United States on Monday, April 21, 2025.
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