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The Magnificent 7 stocks tumble again and the Dow plunges 1,900 points as Powell warns of tariffs fallout

The Magnificent 7 tech stocks plunged, leading the overall market lower for a second day, after Jerome Powell warned about the effect of President Donald Trump’s new tariffs, but said the Federal Reserve won’t race to cut interest rates.Read more...

Apr 4, 2025 - 21:29
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The Magnificent 7 stocks tumble again and the Dow plunges 1,900 points as Powell warns of tariffs fallout

The Magnificent 7 tech stocks plunged, leading the overall market lower for a second day, after Jerome Powell warned about the effect of President Donald Trump’s new tariffs, but said the Federal Reserve won’t race to cut interest rates.

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