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Trump lashes out at Powell, sinks stocks

Allan Tong Posted On April 21, 2025
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market comment after the close

Monday markets were sharply in the red after Trump lashed out at U.S. Fed chief Jay Powell for not cutting rates. The latest turmoil from the White House plunged stocks across the board while gold and cryptos rallied. The S&P closed the session -2.36%, the Nasdaq -2.55%, and the Dow -2.48% or down over 950 points. Major movers included Nvidia at -4.51%, Tesla -5.75%

💾 NVIDIA Corporation (NVDA-Q) -4.51%

🚗 Tesla Inc (TSLA-Q) -5.75%

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