Dow drops almost 900 points, S&P 500 declines the most since April after Trump's new tariff threat
CNBC Television·2025-10-10 20:30
A different kind of October surprise. A big sell-off in stocks today after President Trump said he was considering a massive increase in tariffs on Chinese products. All three major averages closing just about at the lows for the day.First move more than 1% the S&P 500 33 sessions first 3% loss for the Nasdaq since April. And the Dow's lower for the fifth straight day, its worst day since the middle of May. Stocks with China exposure the biggest drags on the index.Amazon, Nike, Apple, and Nvidia. Tech the w ...