2 weeks Ago By Moneycontrol
Business News Live Updates: US markets took a sharp hit on Monday after President Donald Trump launched a fresh round of criticism against Federal Reserve Chair Jerome Powell, stoking concerns over the Fed’s independence. The Nasdaq dropped 2%, marking its fourth straight day of losses, while the volatility index (VIX) surged nearly 20%, reflecting deepening investor anxiety. Tech stocks led the slide, with Tesla plunging nearly 7% ahead of a crucial earnings week featuring heavyweights like Alphabet, Boeing, and Lockheed Martin.
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