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U.S. Stock Market Plunges as Trump’s Tariff Threats Reignite Trade War Fears; Tech Sector Leads Steep Decline
Stock Market News· 2025-10-10 21:07
The U.S. stock market experienced a sharp downturn on Friday, October 10, 2025, with all major indexes closing significantly lower and posting weekly declines. The market's calm was shattered by President Donald Trump's threats of "massive" tariffs on Chinese imports, reigniting fears of a renewed trade war and overshadowing earlier gains in the session. The tech sector bore the brunt of the sell-off, contributing heavily to the day's losses. Adding to investor unease is the ongoing U.S. government shutdown ...
Market Whimsy: Trump’s Latest Tariff Tantrum and the Trembling Tickers
Stock Market News· 2025-10-10 18:00
Ah, Friday, October 10, 2025. A day that began with the usual market jitters, perhaps a whisper of optimism, only to be promptly flattened by the digital thunder of a Truth Social post. Former President Donald Trump, ever the maestro of market mayhem, once again took to his preferred platform to announce, or rather, threaten, a “massive increase” in tariffs on Chinese goods. The financial world, seemingly caught off guard despite years of practice, responded with the predictable grace of a falling piano.The ...