Stocks

The Latest: Japan's main stock index plunges 5.1 percent

The Latest on the world's financial markets (all times local): noon Japan's main stock index has plunged following heavy Wall Street losses triggered by President Donald Trump's Christmas Eve criticism of the Federal Reserve.

Business Highlights

___ Not very merry: US stocks plunge before Christmas President Donald Trump's attack on the Federal Reserve spooked financial markets on Christmas Eve, raising fears about an uncertain future should the White House try to undermine or remove the head of the U.S. central bank.

How major US stock indexes fared Monday

Stocks plunged Monday, with the Dow Jones Industrial Average falling 653 points following President Trump's tweet attacking the Federal Reserve and its independence.

Trump assails Fed as the 'only problem our economy has'

President Donald Trump says the only problem facing the U.S. economy is the Federal Reserve, which has raised its key short-term rate four times this year given the low unemployment rate and brisk pace of economic growth.

Business Highlights

___ A decade-long rally on Wall Street looks like it's ending NEW YORK (AP) — The nearly 10-year stock market rally looks like it's fading after another day of big losses Friday left the U.S. market with its worst week in more than seven years.