A merchant works on the ground on the New York Stock Exchange on April 21, 2025.
Brendan McDermid | Reuters
The term contracts on stock were seated nearly on Monday evening after a difficult day at Wall Street, while the last criticism of President Donald Trump on the president of the Federal Reserve, Jerome Powell, aroused uncertainty.
Future linked to Industrial average Dow Jones lost only 18 points. Future S&P 500 And Nasdaq 100 Futres The two also exchanged near their flat lines.
Monday evening’s action comes a net sale. THE Dow lost more than 970 points during the regular session, while the S&P 500 And Nasdaq Composite The two slipped more than 2%. Monday marked the fourth consecutive loss session for the Dow and the Nasdaq.
Investors became increasingly uncertain after Trump published on Truth Social that the economy would slow down if the Fed did not reduce interest rates. In the last of several recent articles calling Powell by name, he called the Fed chief “Mr. Too Late” and a “Major loser”.
Trump alluded to Powell’s “termination” last week, an unprecedented action that the White House economic advisor Kevin Hassett said that the president’s team is currently studying. Powell said he could not be dismissed under the law and intended to serve until the end of his mandate in May 2026.
The steep sale on Monday comes in the middle of a turbulent period for the actions since Trump’s initial announcement of “reciprocal” prices shook the financial markets. The three main indices all dropped more than 9% since Trump unveiled his plan for samples on April 2.
“There is so much uncertainty at the moment with the pricing cycle and with the economy,” said Larry Trérelli, founder of the Blue Chip Daily Trend Report. “The addition of another layer of uncertainty with Jerome Powell simply adds more volatility to the markets overall.”
Investors will look at Tuesday morning for the results of the Richmond Fed manufacturing survey. Several Fed officials, including the vice-president of the Fed, Philip Jefferson, the president of the Fed of Minneapolis, Neel Kashkari and the governor of the Fed, Adriana Kugler, should pronounce speeches throughout the day.
On the income front, Lockheed Martin reports before the bell. The merchants then turn attention TeslaThe quarterly financial press releases followed closely after closing the market.
