Dow, Nasdaq and S&P500 Rise ; Trump Says Extra China Tariffs ‘Not Sustainable’ – Eurasia Business News

By William Collins, consultant in stock markets – Eurasia Business News, October 17, 2025. Article no 1839

The Dow Jones Industrial Average rose by approximately 0.52%, gaining 238.36 points to close at 46,190.61 on Friday October 18. This increase aligns with the gains in the S&P 500 and Nasdaq, each also up around 0.5-0.6%, reflecting a broadly positive session in U.S. equities.

This uptick in the stock market followed remarks by President Trump, who stated that the threatened 100% tariffs on Chinese imports starting November 1 were “not sustainable” for either economy, signaling a potential de-escalation in trade tensions between the U.S. and China.

Trump mentioned that although the tariff was a forced stance, he expects a fair deal in upcoming talks with Chinese President Xi Jinping later this month. This easing of trade fears helped improve investor sentiment, allowing shares of regional banks affected by recent loan worries to rebound from prior declines.

Gold prices experienced a pullback from recent record highs, closing around $4,213 per ounce. This decline of approximately 2.1% was attributed to profit-taking by investors after a strong rally earlier that week. Silver prices also declined more sharply, dropping nearly 6% to about $50 per ounce. 

Read also : Gold : Build Your Wealth and Freedom

The markets reflected a cautious relief amid ongoing concerns about regional bank stability and credit quality but found support from Trump’s tariff comments and positive earnings reports from several banks and financial institutions. Overall, the Dow’s rise represented a recovery from earlier jitters about trade and banking sector vulnerabilities while global market pressures continued.

Our community already has 170,000 readers, joins us !

Subscribe to our Telegram channel

Follow us on TelegramFacebook and Twitter

© Copyright 2025 – Eurasia Business News. Article no. 1839



Source link

Visited 3 times, 3 visit(s) today

Related Article

US Stock Market Navigates Record Highs Amidst Government Shutdown and Wealth Surge

Tech Soars as China Trade Tensions Ease, Fueling S&P 500 Rally

New York, NY – October 17, 2025 – The technology sector delivered a robust performance today, leading broader market gains in the S&P 500 as investors reacted positively to significant developments indicating an easing of trade tensions between the United States and China. This optimistic shift, which had been anticipated by many market watchers, provided

US lawmakers urge Trump to attend key Indo-Pacific summits and send clear message to China

US lawmakers urge Trump to attend key Indo-Pacific summits and send clear message to China

A bipartisan group of US lawmakers has urged US President Donald Trump to personally attend three major Indo-Pacific summits this fall, warning that his absence could hand China a strategic advantage as Beijing aggressively expands its influence across the region. In a letter released on Friday, members of Congress stressed that the Indo-Pacific region remains

Trump confirms Xi meeting, retreats on 100% tariffs: ‘not sustainable’

Trump confirms Xi meeting, retreats on 100% tariffs: ‘not sustainable’

In a turnaround from the tough stance he took a week ago, US President Donald Trump said Friday that he planned to meet with Chinese President Xi Jinping in South Korea in two weeks and suggested that imposing an additional 100 per cent tariff on all Chinese goods appeared unworkable. But he also blamed China

Exterior view of the building that houses Nexperia’s headquarters in Nijmegen, the Netherlands. Photo EPA

Dutch seized Nexperia over fears Chinese owners planned to move chip production to China

The Dutch government believed chipmaker Nexperia’s Chinese owners planned to move its manufacturing operations to China, prompting the unprecedented seizure of the company that has sent shock waves through the global tech world. Earlier this month, authorities seized control of Nexperia’s management and ousted its Chinese CEO, Zhang Xuezheng, citing national security concerns. In response,

President Trump's White House responded to claims that their messaging blaming Democrats for the shutdown is breaking federal law.

Trump says China ‘forced’ him to impose massive tariffs on imports

President Donald Trump discusses China during a preview of his exclusive interview with ‘Mornings with Maria’ host Maria Bartiromo. President Donald Trump said that tariffs totaling as much as 157% on Chinese imports are “not sustainable” as he prepares to meet with Chinese President Xi Jinping in the coming weeks. “It’s not sustainable, but that’s