Wednesday, October 22, 2025

Wall Street ends lower on mixed earnings, revived US-China trade tensions

Wall Street ends lower on mixed earnings, revived US-China trade tensions

By Stephen Culp

Wed October 22, 2025 4:20 PM  

It was a real rout today with all three indexes going immediately and deeply into the red, some of it triggered by an upcoming inflation report not expected to be good and thus motivating profit-taking. But the sell off was also greatly aggravated by Trump really cranking up the China rhetoric today, this time curbing sales of many U.S. products that contain U.S.-made software.  

This would cover a large range of items from laptops to jet engines, sending the tech index tumbling a whopping 2.4%. Trump is supposed to be meet with Xi on Tuesday to iron things out and has said it will be “a very successful meeting” but there is skepticism that the meeting will happen and, even if so, will solve the problems. Indicative of a panic, volume was way up to 24.76 billion vs the 20.6 average.  

DJ: 46,924.74  +218.16      NAS: 22,953.67  -36.88       S&P: 6,735.35  +0.22         10/21

DJ: 46,590.41  -334.33       NAS: 22,740.40  -213.27     S&P: 6,699.40  -35.95        10/22

Wed 10-22-25 4:20 pm Wall Street ends lower on mixed earnings, revived US-China trade tensions | Reuters


No comments:

Post a Comment