www.perplexity.ai/page/dow-tumbles-1000-points-and-do-03oaviMmQaCw1UST0VEwjA

US stock markets plummeted on Monday, April 21, 2025, with the Dow Jones Industrial Average dropping over 1,000 points as President Donald Trump escalated his attacks on Federal Reserve Chair Jerome Powell, calling him a “major lo ser” and demanding immediate interest rate cuts. The President’s comments triggered broader market volatility, with the S&P 500 falling 2.3% and the dollar weakening against major currencies. According to multiple reports from major news outlets, the verbal assault on the Fed’s monetary policy comes amid growing concerns about economic stability and inflation targets.