New chaos on Wall Street as Trump intensifies his attack against Powell

Story by Francesc Peirón • 14h

That index, which is on track to register the worst April since 1932, fell more than 1,000 points (3%) when the U.S. stock market opened this new week. It reflects the great concern over the trade war unleashed by Donald Trump and, moreover, the resurgence of criticism against Jerome Powell, the chairman of the Federal Reserve (Fed), which only serves to raise the temperature of nervousness. Every time Trump makes an outburst, investors shiver. Ultimately, the decline was somewhat smaller: the Dow Jones, the S&P 500, and the Nasdaq dropped nearly 2.5%.