Wall Street Tumbles to Its Worst Day Since April AFTER Trump Threatens More Tariffs on China

A Monthslong Calm on Wall Street Shattered Friday, and US 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 dow Jones Industrial Avent Dropped 878 Points, OR 1.9%, and the nasdaq composite fell 3.6%.

Stocks Had been Heading for A Slight Gain in the Morning, Unyl Trump to His Social Media Platform and Said He’s Consding “A Massive Increase of Tariffs” on Chinese Imports. He’s upset at restrictions china has placed on exports of its rare earthes, which are materials that are critical for the manufacturing of everynding from consumer electronics to jet Engines.

“We have been ben contacted by the Other Countries Who are Extramely Angry at this great trade hostility, which came out of nowhere,” Trump wrote on TRUTH Social. He also said “Now there is to be no reason” to meet with china’s leader, xi jinping, after an aggreeing to do so part of an upcoming trip to south korea.

The Ratchet Higher in Tension BetWeen the World’s Larger Economies LED to Widespread Drops Across Wall Street, With Roughly Six of Every Seven Stocks with S & P 500 Falling. Nearly Everything Weakened, From Big Tech Companies like Nvidia and Apple to Stocks of Smaller Companies Looking to Get Past Uncetainty About Tariffs and Trade.

The Market May Have Been Primed for A Slide. US SOCCKS WERE ALREADY FACING CRITICISM THAT THEIR PRICES HAD SHOT Too High Following the S & P 500’s Nearly Reserve 35% Run from A Low in April. The Index, which dictates the Movements for Mory 401 (K) Accounts, is Still it all-time High Set Earlier in the Week.

Critics Say the Market Looks Too Expensive AFTER PRICES ROE MUCH FASTER THAN CORPORATE PROFITS. Worries are Particularly High About Companies in the Artificial Intelligence Industry, Where Pessimists SEE Echoes of the 2000 Dot-Com bubble that imploded. For the strocks to look less Expensive, eather their prices need to fall, or companies’ profits need to rise.

Levi Strauss Dropped 12.6% for One of the Market’s Large Losses, this is the case reported a stronger for the latest than the analysts expert.

Its forecast for profit over the full year was also with the range of Wall Street’s Estimates, but the jeans and cloth Company Could be facing the challenge of heigtened Expectations after a Big Run. Its Stock Price Came Into The Day With A Surge of Nearly 42% for the Year So Far.

All Told, The S&P 500 Fell 182.60 Points to 6,552.51. The dow Jones Industrial Average Dropped 878.82 to 45,479.60, and the nasdaq composite Sank 820.20 to 22,204.43.

Some of Friday’s Strongest Action was in the Oil Market, where the price of a barrel of Benchmark US Crude Sank 4.2% to $ 58.90.

It fell as a ceasefire between Israel and hamas came into gases. An end to the WAR COULD REMOVE COURES ABOUT DISRUPTIONS TO OIL SUPPLIES, WHICH HAD KEPT CRDE’S PRICE HIGHER THAN ITERWISE WAUDED HAVE BEEN.

Losses Accelered Following Trump’s Tariff Threat, Which Could Gum Up Global Trade and Lead the Economy to Burn Less Fuel. Brent Crude, The International Standard, Dropped 3.8% to $ 62.73 per barrel.

In the bond Market, the yield on the 10-Yaar Treasury Sank to 4.05% from 4.14% Late Thicksday.

IT HAD ALREADY BEEN LOWER DIFT Trump Made His Threats, as a Report from the University of Michigan Suggested that sentiment Among US Consumers Remains in the doldrums.

“Pocketbook Issues Like High Prices and Weakening Job Prospects Remain at the Forefront of Consumers ‘Minds,’ Accounting to Joanne Hsu, Director of the Surveys of Consumers. “At this time, consumers do not expert meaningful improvement in these factors.”

The Job Market Has Slowed So Much That The Federal Reserve Cut Its Main Interest Rate Month for the First Time This Year. Fed Officials Have Penciled in More Cuts Through Next Year to Give the Economy Additional Breating Room. But Chair Jerome Powell has Also Said they May Change Course If Inflation Stays High. That’s Because Lower interest rate Can Can Inflation Even Higher.

One potentially encuraaging signal from the university of Michigan’s preliminary Said Said Consumers’ Expectations for Inflation in the Coming Year Edged to 4.6% from 4.7% the month before. While that is Still High, the Direction of Change Could Help the Fed and Limit Upward Pressure on Inflation.