U.S. markets took a nosedive Monday as former President Donald Trump reignited his critique of Federal Reserve Chair Jerome Powell, fueling investor anxiety over the central bank's independence. 🚨 The Dow Jones Industrial Average plunged 971.82 points (2.48%), closing at 38,170.41. Meanwhile, the S&P 500 and Nasdaq fell 2.36% and 2.55%, respectively—marking one of the sharpest single-day drops this year.
Trump’s comments, likened to a 'Twitter storm meets Wall Street chaos' by analysts, amplified fears that political pressure could disrupt monetary policy decisions. 📉 With inflation concerns lingering, traders are now side-eyeing every Fed move like it’s a high-stakes TikTok trend challenge. Will the Fed stay cool under fire, or will this rift trigger more market tremors? 💸 Stay tuned.
