Reasons Behind the Dow’s Significant Drop on Thursday

On Thursday, the Dow experienced a notable tumble, driven by a combination of factors. Market sentiment was affected after President Trump publicly suggested ousting Federal Reserve Chair Jerome Powell. This, along with mixed performances from major corporations such as Eli Lilly and UnitedHealth, contributed to the volatility witnessed on Wall Street. The steep drop in the Dow was significantly influenced by the underperformance of certain key stocks.
— new from Axios

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