SPX S&P 500 5-Minute Chart Shows -3% Crash after King Donnie Decrees Tariffs Against China

The S&P 500 Index, the SPX, the United States Stock Market, crashes -3% on Friday, 10/10/25, the worst day since April, after King Donnie threatens tariffs against China in retaliation for restrictions on rare-earth minerals. The orange one opened his pie hole at 11 AM and stocks went off the cliff. $2 trillion in market value is vaporized in 5 hours. We hardly knew ye.

Equities were overdo for a pullback for the last few weeks so it appears the downside has finally showed its ugly face. The one-day mini-crash yesterday wipes out all gains over the last month and many stocks that were positive this year are now negative.

And in true petulant child mode, Donnie quickly tweets and spouts, and jumps up and down, that he will not meet with dirtbag Dictator Xi at an upcoming summit because of the rift. However, as soon as the orange head saw what he was doing to the stock market, he backpedaled fast but the damage was already done. 

Traders and investors expected a happy ending with the US-China tariff saga going forward, but instead the cops bust the massage parlor, everyone scatters, and there will be no happy endings. In addition, the government shutdown continues.

The democrats probably do not care since their popularity is below used car salesmen, telemarketers and lawyers, and figure that common folks are hurt the most and the kitchen-table issues (high cost of food, insurance, electricity so the wealthy class can make money off AI, etc...) will be front and center in the mid-term elections in less than 13 months. The negativity from the shutdown will likely hurt republicans more than democrats especially since they control government. Trumpski promised on the campaign trail to lower prices from day one just like he said he could stop the Ukraine War in 24 hours. Politicians lie to get elected. That is why tens of millions of Americans no longer give a sh*t.

The republicans tell democrats to take the clean bill, that the House passed but it is stalled in the Senate, and lick their shoes while they are down there. That is not a good way to find a solution. The republicans may look bad by going home and not staying in Washington, DC. Politics is all about perceptions not truth. That is why America's crony capitalism system is in its last throes; the country is corrupt to the core with transparency on a milk carton (missing). This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here. Consult your financial advisor before making any investment decision.