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Wall St ends sharply lower amid Trump's tirade against Fed's Powell

  • US stocks fell sharply on April 21 as President Donald Trump criticized Federal Reserve Chair Jerome Powell, worrying investors about the Fed's independence.
  • All three major indexes dropped over 2 percent, with the S&P 500 closing 16 percent below its record high.
  • The trade conflict intensified after Beijing warned against countries making deals with the US at China's expense.
  • US stocks declined sharply on April 21, with major indexes falling over 2% due to investors reacting to President Donald Trump's criticism of Federal Reserve Chair Jerome Powell's policies.
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Bloomberg broke the news in United States on Monday, April 21, 2025.
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