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Stocks tumble and dollar hits three-year low as Trump bashes Powell again


//stocks-investing.news-articles.net/content/202 .. three-year-low-as-trump-bashes-powell-again.html
Published in Stocks and Investing on by CNN   Print publication without navigation

US stocks ended the day sharply lower Monday and the dollar tumbled as investors assessed continued tariff uncertainty and the implications of President Donald Trump's ongoing mission to try and oust Federal Reserve Chair Jerome Powell.

Stocks experienced a decline and the dollar reached a three-year low following critical comments from former President Donald Trump about Federal Reserve Chairman Jerome Powell. Trump's remarks, which questioned Powell's competence and suggested he should lower interest rates, contributed to increased market volatility. The Dow Jones Industrial Average dropped by 300 points, while the S&P 500 and Nasdaq also saw significant declines. Additionally, the U.S. dollar index fell to its lowest level since April 2020, reflecting broader concerns about economic policy and stability.

Read the Full CNN Article at:
[ https://www.msn.com/en-us/money/markets/stocks-tumble-and-dollar-hits-three-year-low-as-trump-bashes-powell-again/ar-AA1Dktz4 ]

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