So, the U.S. stock market decided to take a nosedive on Monday—everyone’s losing money, again. Why? Well, former Prez Trump decided it’s a great time to call Federal Reserve Chair Jerome Powell “Mr. Too Late, a major loser.” Yeah, classy. Investors are freaking out like it’s the end of the world.
The Dow Jones just threw a 971-point tantrum—down 2.48%. The S&P 500 and Nasdaq aren’t feeling any better, dropping over 2.36% and 2.55%. Tech stocks? They’re getting stomped. Tesla and Nvidia fell 7% and 6%, and, oh look, Amazon, AMD, and Meta all dropped about 4%. You can practically hear the billionaires screaming.
Trump, ever the calm voice of reason, demanded the Fed slash interest rates immediately. I mean, why not? Throw in firing Powell too—because who needs central bank independence when you’ve got a reality show running the economy?
Meanwhile, the dollar’s hitting the skids, crashing to levels we haven’t seen since 2022, and gold’s going up like it’s trying to break a record—over $3,400 an ounce. Bitcoin’s in on the party too, jumping past $87,000 before deciding to chill.
China VS. USA
And if you thought that was enough drama, guess what? China’s cutting back imports of American goods like it’s ignoring an ex on purpose. Some products? Completely ghosted. Tensions are so high it’s basically a trade war sequel nobody asked for.
China even had the nerve to warn countries thinking about cozying up to the U.S.—”Don’t mess with our interests.” Yikes, diplomacy much?
Since Trump slapped on those new tariffs in April, the S&P 500 has dropped more than 8%, the Nasdaq lost nearly 10%, and the Dow’s down about 9%. The economy’s looking shaky, and guess whose earnings reports everyone’s praying to? Tesla and Alphabet—because nothing says excitement like watching billion-dollar companies sweat.
Read More
- Does Oblivion Remastered have mod support?
- Thunderbolts: Marvel’s Next Box Office Disaster?
- To Be Hero X: Everything You Need To Know About The Upcoming Anime
- 30 Best Couple/Wife Swap Movies You Need to See
- Clair Obscur: Expedition 33 ending explained – Who should you side with?
- DODO PREDICTION. DODO cryptocurrency
- Demon Slayer: All 6 infinity Castle Fights EXPLORED
- Everything We Know About DOCTOR WHO Season 2
- DC: Dark Legion The Bleed & Hypertime Tracker Schedule
- Happy Birthday Jason Momoa: Revisiting His Top 10 Movies As Actor Turns 45
2025-04-21 23:30