The Stock Market Is Extremely Volatile, and It’s Mostly Because of Trump
Photo by Drew Angerer/Getty
Introducing Endless Mode: A New Games & Anime Site from Paste
The Dow Jones opened over 400 points down after a historic 1,000-point surge on Wednesday, the largest single-day point gain, as CNBC reports. In a still-volatile market, these swings follow the worst Christmas Eve trading day in Dow history.
Investors received a bit of reassuring news yesterday, as White House economic advisors suggested on Wednesday that Federal Reserve Chairman Jerome Powell’s job was safe despite President Trump’s repeated Twitter attacks on the Fed under Powell’s leadership.