U.S. Stocks Drop, Gold Surges

This is a news story, published by Yahoo Finance, that relates primarily to VIX news.

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Federal Reserve Chair Jerome Powell

Quartz

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Technology

The Dow plunges 800 points and the Nasdaq reels as Trump blames Powell and Tesla adds to tech woes

Summary

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76% Informative

The Nasdaq led the losses, with the S&P 500 off 2.1% and the Dow Jones Industrial Average down 2.2% .

The VIX jumped more than 12% as gold surged to a record $3,431 per ounce.

Nvidia stock dropped more than 5% after new White House export restrictions on its AI chips appeared to hand a competitive edge to Chinese rivals like Huawei .

VR Score

Informative language

Neutral language

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formal

Language

English

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Offensive language

not offensive

Hate speech

not hateful