U.S. markets crashed Friday in the worst selloff since April after Trump threatened massive tariffs on China (PBS) , ending months of calm.Key damage:S&P 500: Down 2.7% (-182.60 points to 6,552.51) (PBS)Dow Jones: Plunged 878 points (-1.9% to 45,47

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Wall Street got bad Chud 10/16/25 (Thu) 12:36:40 №15913 [Quote]

U.S. markets crashed Friday in the worst selloff since April after Trump threatened massive tariffs on China (PBS) , ending months of calm.
Key damage:
S&P 500: Down 2.7% (-182.60 points to 6,552.51) (PBS)
Dow Jones: Plunged 878 points (-1.9% to 45,479.60) (PBS)
Nasdaq: Cratered 3.6% (-820.20 to 22,204.43)
Six out of seven S&P 500 stocks fell
Trump also canceled his planned meeting with Xi Jinping (Chicago Sun-Times).
Already vulnerable market was primed for a correction after S&P 500's relentless 35% surge from April lows . Critics warned stocks looked overpriced, especially AI sector showing dot-com bubble vibes (PBS) .
Collateral damage: Oil crashed 4.2% to $58.90 (PBS) on Gaza ceasefire hopes and tariff fears crushing demand outlook.
Trade war 2.0 just nuked investor confidence and torched 401(k)s nationwide.