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Dow Plunges Below 26,000 after Donald Trump Bashes Fed

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The Dow and broader U.S. stock market declined sharply Monday afternoon, as investors digested President Donald Trump’s latest criticism of the ‘gentleman who loves quantitative tightening,’ a direct reference to Federal Reserve Chairman Jerome Powell. Dow Plunges; S&P 500 and Nasdaq Follow All of Wall Street’s major indexes erased gains to end firmly in the red. By the closing bell, the Dow Jones Industrial Average had plunged 206.67 points, or 0.79%, to 25,819.65. The blue-chip index rose triple digits after the open, reflecting a strong pre-market session for U.S. stock futures. Twenty-eight of 30 index members reported losses. UnitedHealth Group

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