==> U.S. Stock Market Drop – Detailed Overview : <==
📉 Major Index Losses :
- Dow Jones: Fell by 971 points (-2.5%)
- S&P 500: Declined by 2.36%
- Nasdaq Composite: Dropped by 2.55%
The S&P 500 is now about 16% below its February 2025 peak, nearing bear market territory.
🧨 Key Reasons for the Decline :
1. Trump vs. Fed Conflict;
President Trump criticized Fed Chair Jerome Powell, calling him “Mr. Too Late” and demanding rate cuts. This fueled fears over the Fed’s independence and market stability.
2. Tech Sector Slump;
Tech giants led the selloff:
- Tesla: -5.8%
- Nvidia: -4.5%
3. Trade Tensions;
Ongoing trade disputes, especially with China, added to market jitters and investor uncertainty.
💹 Currency & Commodities Reaction :
- U.S. Dollar: Dropped to a three-year low
- Gold: Spiked to a record $3,500/oz, signaling a shift to safe- haven assets
🔮 Market Outlook :
Futures suggest a possible short-term recovery, but investor sentiment remains fragile amid political turmoil and global uncertainty.
