Markets are trying to trump Slams Fed, Stokes Tariff Tensions

American stocks fell on Monday after the former President Donald Trump reinforced attacks at the Federal Chair of Jerome Powell and gave fresh uncertainty of trade policy, non-transfers of investors.

The industrial average DOV Jones dropped more than 971 points, or 2.48%, while the S & P 500 and Nasdak compose each lost over 2.36% and 2.55%, respectively. The sale was led by a steep loss in technology, with Tesla and Nvidija reduced 7% and 6% and Amazon, AMD and targets that each falls around 4%.

In the social post of truth, Trump sent to Powell Like “Mr. too late, the main loser”, inviting Feds to immediately reduce interest rates.

Former president has hovered the idea Removal of Powel from its position, asking questions about the independence of the Central Bank.

The dollar has severely weakened, falling at the lowest level of 2022. Year, while gold raised Past $ 3,400 per ounce for the first time in the record.

Bitcoin (Btc) He also jumped before settling above $ 87,000.

China vs. USA

Markets also face enhanced trade tensions. China visited the import of various American goods last month, and some of some items saw complete stopping in shopping, as tensions in the trade war between the two largest economies escalated.

China Fresh warnings issued In countries considering trade trade with the United States that could undermine Chinese interests.

Since Trump presented a new circle of tariffs 2. April, S & P 500 rejected more than 8%, and Native and led to almost 10% and 9%, respectively.

As the ramp earn season, investors will carefully watch the Tesla and alphabetic reports for signs of further cracks in the economy.