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One Of The
World’s Fastest Growing Brokerage

The Rise Of STARTRADER

One Of The
World’s Fastest Growing Brokerage

Daily Fundamental Update: Dow Jones Drop 1,000 Points After Trump’s Remarks Against Powell

Tuesday April 22 2025 06:23

U.S. Stocks recover in early trading following yesterday’s sharp declines

Stock futures rose in early trading on Tuesday after a market sell-off on Monday, following Trump’s criticism of Fed Chair Powell for not lowering interest rates, calling him “Mr. Too Late” in a post on Truth Social platform.

Yesterday, Dow futures fell more than 970 points and the S&P 500 and Nasdaq Composite dropped over 2%, marking four consecutive down days for the Dow and Nasdaq.

In early trading hours today, Dow Jones futures rose 0.39%, while S&P 500 futures and Nasdaq 100 futures gained 0.5%.

Tesls Shares Fall 6% as Investor Express Worry About the Company’s Future

Tesla shares dropped 6% on Monday as investors wait for the company’s earning today. The stock closed at $227.50, near its yearly low and down 44% since the beginning of 2025.

Analysts expect Q1 revenue of $21.24 billion with 40 cents EPS, with focus on Trump tariff impacts.

Chinese competition could push sales to domestic brands, potentially forcing Tesla to increase exports at lower prices. Consumer interest has dropped significantly, with only 27% considering Tesla purchases versus 46% in January 2022.

Dollar Index Dropped Below 99.00

The dollar’s decline has created mixed effects for central banks globally. Policy uncertainty has driven a 9% weakening in the dollar index this year, with Bank of America’s survey showing 61% of investors expect further decline – the most bearish outlook in two decades.

This weakness has strengthened other currencies, particularly safe havens like the yen (+10%), Swiss franc and euro (both +11%).

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