US stocks plummeted Monday, with the S&P 500 down 2.6% and the Dow falling 1000 points, fueled by anxieties over Trump's trade war and criticism of the Federal Reserve. Big Tech stocks led the decline. The US dollar also weakened, an unusual occurrence during market uncertainty. Trump's trade policies and attacks on the Fed are cited as major contributing factors, raising concerns about the US economic outlook and its standing in the global economy.
Prepared by Christopher Adams and reviewed by editorial team.
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