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U.S. Senator: If Powell Is Fired by Trump, It Will Trigger a Market Collapse

2025.04.18 14:16:12

On April 18th, US Senator Elizabeth Warren said: "If US President Trump were to fire Federal Reserve Chair Powell, it would cause a market crash in the United States."
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Optical communication and storage sectors of the US stock market post broad pre-market gains.

According to market data from BIT (Bit.com), the optical communication sector of US stocks posted broad gains during pre-market trading. Key movers include: Coherent up 3.49%, Marvell Technology rising 3.25%, Lumentum increasing 3.15%, Corning climbing 2.90%, and Broadcom advancing 2.13%. The storage sector also saw broad gains, with SK Hynix gaining 3.60%, SanDisk rising 3.44%, Micron up 2.40%, Seagate Technology advancing 2.18%, and Western Digital climbing 2.03%.

12 minutes ago

Intel’s US stock rose nearly 4% in pre-market trading.

According to market data from BIT (Bit.com), Intel’s US stock rose nearly 4% in pre-market trading, after JPMorgan Chase upgraded its rating on the company from Underweight to Neutral.

12 minutes ago

Cryptocurrency-related concept stocks rebounded in US pre-market trading, with CRCL up 2.76%.

According to market data from BIT (bit.com), U.S. pre-market cryptocurrency-related stocks have rebounded, with MSTR up 1.71%, CRCL up 2.76%, COIN up 1.75%, BMNR up 1.99%, SBET up 1.06%, PURR up 1.98%, and HOOD up 1.46%.

12 minutes ago

Elon Musk: Next year, he will gift one share of SpaceX stock to every American child.

Elon Musk announced in a post that he will gift one share of SpaceX stock to every child in the U.S. next year, noting that this will be the first in a series of similar upcoming initiatives.

12 minutes ago

US Dollar Index surges past the 102 mark, up 0.22% on the day.

According to market data, the U.S. Dollar Index has broken through the 102 threshold, rising 0.22% on the day.

12 minutes ago

Bithumb will list CT/KRW trading pair.

According to an official announcement, South Korean cryptocurrency exchange Bithumb will list CT token on its KRW market, with trading set to open at 19:00 local time.

12 minutes ago

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