Reported about 8 hours ago
U.S. stocks faced a dramatic downturn on Monday, with the Dow dropping over 900 points and both the S&P 500 and Nasdaq experiencing significant losses. President Trump's ongoing attacks on Federal Reserve Chair Jerome Powell, coupled with concerns over the president's tariff policies, have led to fears of decreased confidence in the Fed's independence. The turmoil has caused a shift in market sentiment, negatively impacting major tech stocks and pushing gold prices to record highs.
Source: YAHOO