DOW drops 971 points on Monday
Stocks fell on Monday as investors watched for signs of progress on trade talks, and after President Donald Trump continued criticizing Federal Reserve Chairman Jerome Powell. The Dow Jones Industrial Average dropped 971.82 points, or 2.48%, while the S&P 500 and Nasdaq Composite were down 2.36% and 2.55%, respectively. LiveNOW from FOX host Josh Breslow spoke to financial expert, Matthew Tuttle on the latest.
LOS ANGELES – The United States owes more than $36 trillion—and a surprising chunk of that IOU isn’t held by American banks or citizens, but by foreign governments. Japan, China, and the U.K. lead the list of countries lending to the U.S., largely through the purchase of Treasury bonds.
As economic uncertainty grows—driven by tariffs, rising interest rates, and concerns over long-term deficits—the question of who owns America’s debt is more than just trivia. It has real…
