Major U.S. stock indexes fell sharply after President Trump intensified his attacks on Federal Reserve Chair Jerome Powell, calling him a “major loser” and demanding immediate rate cuts.
Key Facts:
- Dow Jones: fell 972 points (-2.48%)
- S&P 500: down 2.36%
- Nasdaq Composite: slid 2.55%
- The dollar hit a three-year low amid investor concerns over Fed independence
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