Dow Jones Plunges 500 Points Amid Trump Remarks, Mixed Economic Data

• Wall Street indices, including Dow Jones and S&P 500, closed negative after record levels, with Dow falling nearly 500 points.
• President Trump's remarks targeting institutional investors in housing and defense companies on buybacks/dividends triggered significant stock drops for Blackstone, KB Home, DR Hunt, and Lockheed Martin.
• Mixed economic data showed slower ADP private payrolls and falling JOLTS job openings, but a surging ISM Services PMI.
• Commodity markets saw sharp falls in Silver and Platinum, with Citigroup warning of $7 billion outflows each from Gold and Silver.
• US Dollar strengthened, crude oil remained stable, as investors await jobless claims and trade deficit data.

Why It Matters: Trump's policies and mixed economic signals caused a sharp market downturn on Wall Street.