Hey everyone! In a whirlwind of market vibes, U.S. stocks stumbled yesterday as President Donald Trump renewed his criticism of Federal Reserve Chair Jerome Powell. The Dow plunged by 971.82 points (down 2.48%) to 38,170.41, while the S&P 500 and Nasdaq also took hefty hits. 📉
This drama reminds us that global markets can be as unpredictable as a trending viral clip! Whether you're checking your trading app between classes or on the go, these shifts affect everyone in our fast-paced digital world across South Asia and Southeast Asia.
The renewed criticism over the central bank's independence has stirred concerns among investors, highlighting how political narratives can ripple through the economic landscape. Stay curious, keep learning, and watch these trends as they unfold in real time. 🚀
Reference(s):
cgtn.com