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.
227 Articles
227 Articles
The markets and nervous Trump supporters - Washington Examiner
THE MARKETS AND NERVOUS TRUMP SUPPORTERS. Back in February 2016, during the Republican presidential primaries, I wrote about the fatigue some Trump supporters and possible Trump supporters felt amid the daily controversy surrounding his candidacy. Here’s the relevant passage: Everyone has a certain tolerance level for uncertainty, disorder, and controversy. If a candidate’s campaign stays below that level, all is fine. If it climbs above that le…
US Stocks End Significantly Lower, Dow Falls Nearly 1,000 Points
U.S. stocks posted steep losses on April 21. The blue-chip Dow Jones Industrial Average ended the day down by 971.82 points. The broader S&P 500 Index and the tech-heavy Nasdaq Composite Index fell by 2.36 percent and 2.55 percent, respectively. Dollar-denominated assets fell sharply before recovering and turning positive. The U.S. Dollar Index (DXY), which measures the buck against a weighted basket of currencies, fell more than 1 percent early…
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