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 JPMorgan Blames Pace of Friday’s Stock Selloff on Levered ETFs
 Yahoo Finance· 2025-10-13 15:56
 The new JPMorgan Chase & Co. offices in New York.  A run for the exits by investors in levered exchange-traded funds on Friday exacerbated the largest single-day stock market selloff since April, according to strategists at JPMorgan Chase & Co.  The S&P 500 Index fell 2.7% in the rout, while the Nasdaq 100 plunged as much as 3.6%, after a social media post by US President Donald Trump threatened fresh tariffs on China.  Most Read from Bloomberg  Bram Kaplan and colleagues at JPMorgan pinned the blame for t ...