US stocks fall after Trump calls Fed’s Powell ‘a major loser’ for not lowering rates

3 hours ago Business NY Post - Business 2

US stocks dropped Monday as President Trump intensified his attacks on the Federal Reserve’s independence — calling chairman Jerome Powell “a major loser” for not lowering interest rates. The Dow Jones Industrial Average plummeted 656 points, or 1.7%, by about 10:15 a.m. ET after plunging about 1,406 points during the previous holiday-shortened week. US markets...

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