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April 22, 2025

Wall Street, the dollar tumble as investors retreat further from the United States

By STAN CHOE
AP Business Writer

NEW YORK — Wall Street weakened Monday as investors worldwide get more skeptical about U.S. investments because of President Donald Trump's trade war and his criticism of the Federal Reserve, which are shaking the traditional order.

The S&P 500 sank 2.4% in another wipeout. That yanked the index that's at the center of many 401(k) accounts 16% below its record set two months ago.


 
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