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https://finance.yahoo.com/news/live/stock-market-today-dow-sinks-800-points-sp-500-and-nasdaq-see-worst-day-since-april-as-trumps-renewed-tariff-threats-spook-wall-street-200026352.html
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Consumer Sentiment report today, 10/10/25
https://www.sca.isr.umich.edu/
Source: https://www.sca.isr.umich.edu/files/chicsr.pdf
Stock market today: Dow sinks 800 points, S&P 500 and Nasdaq see worst day since April as Trump's renewed tariff threats spook Wall Street, Yahoo Finance, 10/10/25
US stocks closed sharply lower on Friday as President Trump and China traded blows on tariffs, with Trump threatening a "massive increase" in duties on Chinese goods. ((biggest one-day drop since April, according to other headlines out there -progree))
The Dow Jones Industrial Average (^DJI) lost 1.9%, or over 870 points, while the S&P 500 (^GSPC) fell roughly 2.7%. The tech-heavy Nasdaq Composite (^IXIC) slid around 3.6%, leading losses.
Trump unloaded on China and its leader, Xi Jinping, in a lengthy post on Truth Social on Friday. The post came after China heated up trade tensions with the US, adding new port fees on American ships and launching an antitrust investigation into Qualcomm (QCOM). Beijing has also been in the midst of tightening export controls on rare earth minerals, and it recently halted purchases of US soybeans.
"Some very strange things are happening in China!" Trump posted. In his post, he also floated canceling a planned meeting with Xi later this month, saying there was "no reason" for it before threatening to dramatically increase tariffs.
With Friday's decline, all major indexes logged a firmly down week after a retreat from record highs.
The world's largest cryptocurrency (Bitcoin, BTC-USD) declined below $118,000, losing as much as 3% during the sell-off.
Ether (ETH-USD) also sank 6%.
US stocks closed sharply lower on Friday as President Trump and China traded blows on tariffs, with Trump threatening a "massive increase" in duties on Chinese goods. ((biggest one-day drop since April, according to other headlines out there -progree))
The Dow Jones Industrial Average (^DJI) lost 1.9%, or over 870 points, while the S&P 500 (^GSPC) fell roughly 2.7%. The tech-heavy Nasdaq Composite (^IXIC) slid around 3.6%, leading losses.
Trump unloaded on China and its leader, Xi Jinping, in a lengthy post on Truth Social on Friday. The post came after China heated up trade tensions with the US, adding new port fees on American ships and launching an antitrust investigation into Qualcomm (QCOM). Beijing has also been in the midst of tightening export controls on rare earth minerals, and it recently halted purchases of US soybeans.
"Some very strange things are happening in China!" Trump posted. In his post, he also floated canceling a planned meeting with Xi later this month, saying there was "no reason" for it before threatening to dramatically increase tariffs.
With Friday's decline, all major indexes logged a firmly down week after a retreat from record highs.
The world's largest cryptocurrency (Bitcoin, BTC-USD) declined below $118,000, losing as much as 3% during the sell-off.
Ether (ETH-USD) also sank 6%.
====================================
Consumer Sentiment report today, 10/10/25
https://www.sca.isr.umich.edu/
Source: https://www.sca.isr.umich.edu/files/chicsr.pdf
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