April 30, 2025

US Stocks tumble as Trump criticizes Fed chair Powell; Dow dips 700 Points

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US stocks plummeted following Donald Trump’s criticism of Fed Chair Jerome Powell, with the Dow, S&P 500, and Nasdaq all experiencing significant declines. Technology stocks like Tesla, Nvidia, and Amazon led the downturn. The US dollar weakened, while gold prices surged. Concerns over inflation and Trump’s trade policies added to investor anxiety.

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