{"id":44246,"date":"2025-10-11T11:35:14","date_gmt":"2025-10-11T11:35:14","guid":{"rendered":"https:\/\/quickassetsmarket.com\/index.php\/2025\/10\/11\/wall-street-sinks-after-trump-tariff-threats-sp-nasdaq-nvidia-and-tesla-plunge\/"},"modified":"2025-10-11T11:35:14","modified_gmt":"2025-10-11T11:35:14","slug":"wall-street-sinks-after-trump-tariff-threats-sp-nasdaq-nvidia-and-tesla-plunge","status":"publish","type":"post","link":"https:\/\/quickassetsmarket.com\/index.php\/2025\/10\/11\/wall-street-sinks-after-trump-tariff-threats-sp-nasdaq-nvidia-and-tesla-plunge\/","title":{"rendered":"Wall Street sinks after Trump tariff threats, S&P, Nasdaq, Nvidia and Tesla plunge"},"content":{"rendered":"
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US markets fell hard on Friday after President Donald Trump threatened to impose a \u201cmassive increase of tariffs on Chinese products,\u201d reigniting investor concerns about a renewed US-China trade conflict. <\/p>\n

The comments triggered a broad market selloff, erasing early gains and sending major stock indexes sharply lower.<\/p>\n

Stocks reverse gains as trade tensions resurface<\/h2>\n

The S&P 500 Index fell 2% as of early afternoon in New York, putting the benchmark on track to wipe out its weekly advance and notch its steepest one-day decline since April 21. <\/p>\n

The Nasdaq 100 Index dropped 2.7%, heading for its first decline of at least 2% in nearly six months.<\/p>\n

At the time of writing, the S&P 500 was trading down 1.9% while Nasdaq 100 was in the red by 2.5%. <\/p>\n

Technology shares, which have powered much of the market\u2019s gains this year, were among the hardest hit. <\/p>\n

The group known as the \u201cMagnificent Seven\u201d \u2014 which includes Tesla Inc. and Amazon.com Inc. \u2014 slumped more than 3%. <\/p>\n

Nvidia shares were down 2.6%. <\/p>\n

Losses in these large-cap growth stocks weighed heavily on broader indexes and underscored the fragility of investor sentiment tied to geopolitical developments.<\/p>\n

The sharp reversal followed Trump\u2019s remarks that the US is considering new trade measures against China, citing what he described as \u201chostile\u201d export controls on rare-earth minerals. <\/p>\n

Trump said he saw \u201cno reason\u201d to meet with Chinese President Xi Jinping<\/a> and that an increase in tariffs on Chinese imports was among several potential countermeasures under review.<\/p>\n

Volatility spikes as investors shift to defensive plays<\/h2>\n

The president\u2019s comments swiftly unsettled markets, pushing the Cboe Volatility Index (VIX) \u2014 Wall Street\u2019s primary fear gauge \u2014 above 20 for the first time in more than two months. <\/p>\n

A reading above that level typically signals elevated market stress and uncertainty among investors.<\/p>\n

Ten of the 11 major sectors in the S&P 500 traded lower, with technology leading the declines. <\/p>\n

In contrast, consumer staples, a sector often viewed as a defensive haven during market turbulence, moved higher. <\/p>\n

Companies in these sector typically have stable earnings, lower valuations, and reliable dividends, characteristics that appeal to investors seeking safety amid volatility.<\/p>\n

The downturn highlights how quickly sentiment can shift in the face of geopolitical developments. <\/p>\n

After months of relatively steady gains and low volatility, investors are once again grappling with the potential economic fallout of escalating trade tensions between the world\u2019s two largest economies.<\/p>\n

Company movers: Mosaic, Qualcomm, and PepsiCo stand out<\/h2>\n

Amid the broader selloff, individual stocks saw notable swings. Mosaic Co. was the day\u2019s biggest decliner in the S&P 500, plunging 8.4% after the fertilizer producer reported that its third-quarter phosphate production fell short of management\u2019s expectations. <\/p>\n

The company attributed the shortfall to mechanical issues at one facility and utility interruptions at another.<\/p>\n

Qualcomm Inc. fell 5.1% after reports emerged of a new antitrust investigation in China<\/a> related to its planned takeover of connected-vehicle technology provider Autotalks.<\/p>\n

On the upside, Applied Digital surged 19% after announcing that it is in advanced talks with a hyperscaler client regarding its second data center campus in North Dakota. <\/p>\n

Meanwhile, PepsiCo Inc. gained 3.4%, making it the best-performing stock in the S&P 500 on the day.<\/p>\n

As investors digest Trump\u2019s latest comments and assess the potential for further policy actions, markets appear to be entering a more volatile phase \u2014 one defined by renewed trade uncertainty and a cautious shift toward safer assets.<\/p>\n

The post Wall Street sinks after Trump tariff threats, S&P, Nasdaq, Nvidia and Tesla plunge<\/a> appeared first on Invezz<\/a><\/p>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

US markets fell hard on Friday after President Donald Trump threatened to impose a \u201cmassive increase of tariffs on Chinese products,\u201d reigniting investor concerns about a renewed US-China trade conflict. The comments triggered a broad market selloff, erasing early gains and sending major stock indexes sharply lower. Stocks reverse gains as trade tensions resurface The <\/p>\n","protected":false},"author":1,"featured_media":44247,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":{"0":"post-44246","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-investing"},"_links":{"self":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts\/44246","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/comments?post=44246"}],"version-history":[{"count":0,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts\/44246\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/media\/44247"}],"wp:attachment":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/media?parent=44246"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/categories?post=44246"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/tags?post=44246"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}