U.S. President Trump is considering replacing Federal Reserve Chairman Jerome Powell, criticizing him for the slow pace of interest rate cuts, which led to a significant plunge in U.S. stocks. The Dow Jones Industrial Average fell 971 points, impacting tech stocks negatively. The Taiwan Futures Index opened below 19000 points today, with the cash market jumping down and hitting a low of 18880.3 points in the early session, down 225.9 points.

Trump once again criticized Fed Chairman Powell and urged him to cut rates immediately, causing a surge in market risk-averse sentiment. U.S. assets are facing renewed selling pressure, with the stock, currency, and bond markets all declining, while tech stocks suffered greatly, and gold prices hit new highs.

In the Taiwanese stock market, the leading stock TSMC fell 1.8% in the early session, struggling to hold onto 820 yuan, while MediaTek and ASE Technology fluctuated around the flatline, Foxconn dropped by 1%, and AI server-related stocks like Quanta and Wistron fell by over 1% and 3%, respectively. Securities analysts pointed out that market concerns about the Fed's independence being interfered with are growing, and combined with Trump's tariff uncertainties globally, market uncertainties have increased significantly. The Taiwanese stock market has seen a contraction in trading volume recently, facing repeated downward pressure.