US stock markets fall again as Trump calls Fed chair ‘a major loser’

US stock markets dropped sharply on Monday as Donald Trump escalated his attacks on Federal Reserve Chair Jerome Powell, calling him a "major loser" for not cutting interest rates. Trump’s criticism intensified amid concerns that his new tariffs could slow economic growth, but Wall Street appears to be rebelling against the president’s pressure. The Dow fell over 1,000 points, while tech stocks like Tesla and Nvidia dropped by more than 5%. Powell has repeatedly warned about the risks of Trump’s tariff policies and emphasized the Fed’s independence, though Trump continues to push for his removal—a move that could destabilize markets further.