Reported about 6 hours ago
The U.S. stock market experienced a significant decline on April 21, 2025, with the Dow dropping over 1,200 points, attributed to President Trump's continued criticism of Federal Reserve Chair Jerome Powell and the ongoing impacts of his tariffs. The S&P 500 and Nasdaq also fell sharply, reflecting investor concerns over Fed independence and the economic implications of Trump's rhetoric. Amid this volatility, gold prices surged to new heights while the U.S. dollar hit its lowest point in three years.
Source: YAHOO