Dow Plunges Below 26,000 after Donald Trump Bashes Fed
The Dow and broader U.S. stock market gave up early gains Monday, 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 Weakens; S&P 500 and Nasdaq Follow All of Wall Street’s major indexes backed off session highs mid-morning, with the Dow giving up triple-digit gains that reflected a strong pre-market session for U.S. stock futures. The Dow Jones Industrial Average was last down 60 points, or 0.2%, to 25,965.55. UnitedHealth Group Inc. (UNH) was the Dow’s weakest link, falling 2.3%. Shares of McDonald’s Corp
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