US EditionStocks Slide Further As Wall Street Shudders At Ongoing Trade War And Trump’s Attacks On Powell
- On Monday, U.S. Stocks sank as investors grew wary of economic conditions.
- Ongoing trade war concerns and Trump's criticism of Fed Chair Powell caused uncertainty.
- The S&P 500 fell 1.2% early, while the Dow dropped 430 points and the Nasdaq declined 1.5%.
- Trump attacked Powell, calling him 'a major loser' and demanding interest rate cuts.
- The dollar weakened, and Treasury yields rose, signaling investor retreat from U.S. Markets.
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US stock markets suffer collateral damage as Trump fires salvos at Fed chief Powell
As US President Donald Trump undermines the independence of the Federal Reserve with attacks on Chair Jerome Powell, major indices Dow Jone, S&P 500, and NASDAQ fell on Monday as investors' loss of confidence in the US economy and trade policies surged
·Mumbai, India
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Total News Sources180
Leaning Left34Leaning Right21Center41Last UpdatedBias Distribution43% Center
Bias Distribution
- 43% of the sources are Center
43% Center
L 35%
C 43%
R 22%
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