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US Politics

Dow closes down 970 points after Trump criticism of Powell rattles investors

ABC News
Summary
Nutrition label

71% Informative

The Dow Jones Industrial Average closed down 971 points, or 2.4% , while the S&P 500 fell 2.3% .

The price of gold climbed to a record high of more than $3,400 per ounce on Monday , extending gains in recent weeks as investors sought out investments perceived as safe havens.

Trump 's remarks defied a longstanding norm of political independence at the Fed .

VR Score

80

Informative language

82

Neutral language

75

Article tone

formal

Language

English

Language complexity

58

Offensive language

possibly offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

Affiliate links

no affiliate links