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 » Read more about: Markets tumble as Trump puts pressure on Federal Reserve  »

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,

 » Read more about: Wall Street and the dollar tumble as Trump repeats attacks on Federal Reserve Chair Powell  »

WASHINGTON — President Donald Trump repeated his attacks Monday against the chair of the Federal Reserve, demanding that the central bank lower its key interest rate to boost the economy.

Trump called Powell “a major loser” and said that energy and grocery prices are “substantially lower” and “there is virtually No Inflation.” Yet Trump said the economy could slow without rate cuts.

 » Read more about: Trump renews attacks on Federal Reserve Chair Powell, accelerating US market slide  »

President Trump remains on the attack against Jerome Powell, deriding the Federal Reserve chief in a social media post on Monday as a “major loser” and pressing him to lower interest rates “NOW.”

The latest blast comes just days after Mr. Trump said on April 17 that Powell’s “

 » Read more about: Can Trump fire Federal Reserve Chair Jerome Powell? Here's what to know.  »

 » Read more about: Dow sinks 1,000+ points after President Trump's criticism of the Federal Reserve  »

 » Read more about: Tesla Is Sinking Again Today: Is It Time to Buy the Stock?  »

Top banks such as JPMorgan (JPM), Bank of America (BAC), and Citigroup (C) have all slashed their S&P 500 targets, rattled by Trump’s recent tariff moves. The average year-end target for the S&P 500 Index (SPX) now hovers near 6,012,

 » Read more about: 2 “Perfect 10” Stocks to Consider as Top Banks Warn of S&P 500 (SPX) ‘Bear Market’ Risks  »

Tesla is set to report its first-quarter earnings on Tuesday, and Wall Street is bracing for more pain.

The electric vehicle maker’s stock is down 44% year-to-date as investors grapple with numerous worries, including a slowdown in vehicle sales, the impact of President Donald Trump’s 25% auto tariffs, and reported delays of a lower-cost Tesla model.

 » Read more about: Wall Street is bracing for Tesla earnings pain after the EV-maker's dismal delivery numbers  »

Auto giant Ford (F) has halted the shipments of its vehicles to China as the trade war between Beijing and Washington escalates. Following China’s retaliatory measures in response to the Trump administration’s U.S. import taxes, tariffs on vehicles exported to China have increased to as high as 150%.

 » Read more about: Ford Halts Vehicle Shipments to China as Trade War Escalates  »

Hertz (HTZ) shares tumbled 11% Monday morning, giving back gains from last week’s rally sparked by Bill Ackman’s hedge fund taking a significant position in the rental car giant.

Ackman, the CEO of Pershing Square Capital Management, shared on social media that his company had built a 19.8% stake in Hertz after accumulating shares since late last year.

 » Read more about: Stock market today: Dow drops 950 points, S&P 500, Nasdaq tumble as Trump bashes Fed's Powell again  »