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

  • The S&P 500 dropped 2.4 percent, while the Dow Jones and Nasdaq fell 2.5 and 2.6 percent, respectively, as reported by the AP.
  • Investor confidence wavered due to President Donald Trump threatening to fire Jerome Powell if he does not lower interest rates, according to the AP.
  • Concerns about Trump's mental fitness were voiced by columnists and observers, highlighting investor uncertainty and market volatility.
  • Major U.S. Markets faced a 'sell everything' day with stocks, bonds, and currency losing value amid fears of a U.S. Economic downturn, according to Bloomberg's Michael Regan.
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We’re suddenly talking about the Great Depression when discussing Trump’s stock market

Stocks are on the rebound Tuesday, bouncing back from another miserable day on Wall Street. But American financial markets are sounding all sorts of alarm bells that one day in the green can hardly overcome.

·Atlanta, United States
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  • 49% of the sources are Center
49% Center
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Bloomberg broke the news in United States on Monday, April 21, 2025.
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