Stocks fell again on Monday as President Donald Trump ramped up his attacks on Federal Reserve Chair Jerome Powell, raising questions about the central bank’s independence, while traders received little signs of progress on global trade talks.
The Dow Jones Industrial Average
traded 880 points lower, or 2.3%. The S&P 500
shed 2.3%, and the Nasdaq Composite
lost 2.6%.
The “Magnificent Seven” tech titans traded lower, with Tesla
and Nvidia
respectively losing 7% and 5%. Amazon
shed 4%, while Advanced Micro Devices
and Meta Platforms
slipped 3%. Equipment manufacturer Caterpillar
also declined 3%.
https://www.cnbc.com/2025/04/20/stock-market-today-live-updates.html