LOADING ERROR LOADINGNEW YORK (AP) — A monthslong calm on Wall Street shattered Friday, and U.S. stocks tumbled after President Donald Trump threatened to crank tariffs much higher on China. The S&P 500 sank 2.7% in its worst day since April. The ratchet higher in tensions between the world’s largest economies led to widespread drops across Wall Street, with roughly six out of every seven stocks within the S&P 500 falling. U.S. stocks were already facing criticism that their prices had shot too high following the S&P 500’s nearly relentless 35% run from a low in April. AdvertisementLosses accelerated following Trump’s tariff threat, which could gum up global trade and lead the economy to burn less fuel.

Source: Huffington Post October 11, 2025 02:53 UTC