Dow Plunges Below 26,000 after Donald Trump Bashes Fed

The Dow and broader U.S. stock market declined sharply Monday afternoon, as investors digested President Donald Trump’s latest criticism of the ‘gentleman who loves quantitative tightening,’ a direct reference to Federal Reserve Chairman Jerome Powell. Dow Plunges; S&P 500 and Nasdaq Follow All of Wall Street’s major indexes erased gains to trade firmly in the red by midday. As of 12:42 p.m. ET, Dow Jones Industrial Average plunged 322 points, or 1.2%, to 25,703.70.Th