U.S. stocks experienced volatility following President Trump’s continued pressure on Federal Reserve Chairman Jerome Powell for interest rate cuts. Trump criticized Powell via social media, claiming there is virtually no inflation and urging immediate rate reductions. The Dow Jones Industrial Average rose over 800 points after a previous session’s decline, while the S&P 500 and Nasdaq Composite also climbed. Concerns persist regarding trade talks and the impact of Trump’s tariffs on global growth, with the International Monetary Fund cutting its forecast for U.S. growth to 1.8%. Additionally, Vice President JD Vance expressed optimism about U.S.-India trade relations during a visit to India.
— new from Fox Business
