Risk Is Back On After Trump’s Latest China Post. Consumer Staples Are Struggling.
Barrons·2025-10-13 16:20
Core Viewpoint - President Trump's social media post reassured Wall Street, leading to a significant rebound in stock markets after a previous decline [1] Group 1: Market Reactions - The Nasdaq Composite increased by 2.1% on Monday following a 3.6% drop on Friday [1] - The S&P 500 rose by 1.6% [1] - The Dow Jones Industrial Average gained 622 points, equivalent to a 1.4% increase [1] Group 2: Context of Market Movements - Stocks experienced a sell-off on Friday due to tariff threats, but sentiment improved over the weekend [1] - Trump's message to his followers on Truth Social included a reassurance not to worry about China, which positively influenced market sentiment [1]