The Dow sinks 1,000 points
NEW YORK (AP) — U.S. stocks are tumbling as worries about President Donald Trump‘s trade war and his criticism of the Federal Reserve cause investors to pull further from the United States. The S&P 500 fell 2.6% Monday and was 16% below its record set two months ago. The Dow Jones Industrial Average dropped 1,000 points, and the Nasdaq composite sank 2.9%. Big Tech stocks led the way lower ahead of earnings reports coming this week from Tesla and others. Perhaps more worryingly, the value of the U.S. dollar also sank as a retreat continues from U.S. markets. The yield on the 10-year Treasury briefly topped 4.40% before regressing.
Doctor, Nurse Shortages Persist in Rural Areas Years After COVID
Five years after the World Health Organization declared covid a global pandemic and the first Trump administration announced a national emergency, the United States faces a crucial shortage of medical providers, below the projected need for an aging population.
That could have lasting effects on care, particularly in states like Iowa with significant rural populations. Experts say the problem has been building for a while, but the effects of the pandemic accelerated the shortages by pushing many doctors over the edge into early retirement or other fields.
Tesla Leak Shows That Musk's Vision Is Trembling
"The overwhelming focus is on solving full self-driving," Musk said during a June 2022 interview. "That’s essential. It’s really the difference between Tesla being worth a lot of money or worth basically zero."