As Powell vs Trump battle ensues, US inventory market hits new lows

As Powell vs Trump battle ensues, US inventory market hits new lows

The American monetary markets plunged into chaos Monday as traders reacted to escalating tensions between President Donald Trump and Federal Reserve Chair Jerome Powell, mixed with ongoing uncertainty over world commerce insurance policies. The Dow Jones Industrial Common nosedived over 1,200 factors (3.1%), marking its steepest single-day drop in months. The S&P 500 and Nasdaq…

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