Falling Chinese stocks create a buying opportunity, according to Jefferies

Renewed trade war with the U.S. has collapsed Chinese stocks from 10-year highs

US President Donald Trump intends to impose duties on Chinese goods from November 1 in the amount of 100% on top of the duties that are in effect now. He announced this in the Truth Social network.

Trump announced additional duties of 100% on imports from China

Tesla, Inc.

Advanced Micro Devices, Inc.

NVIDIA Corporation

More than 420 stocks in the S&amp;P 500 index fell in price Friday, the worst since April

Worst day since April: Trump's threats against China sparked a stock market sell-off

In trading on Oct. 10, the main U.S. stock index, the S&amp;P 500, was down 2% at the moment, the Dow Jones Industrial was down 1.3% and the Nasdaq Composite was losing about 2.5%. The "Magnificent Seven" stock index tracked by Bloomberg lost about 2.3%, and the VIX volatility index, known as a gauge of Wall Street fear, soared 35% to above 22 points. A level above 20 points is considered psychologically important for the VIX: a value less than that suggests low volatility.

U.S. indexes fell the most since April. Trump's threats took traders by surprise

Contracts for delivery of Mark Brent oil at the auction on October 10 fell by almost 4% - to $62.5 per barrel. Quotes of American oil West Texas Intermediate (WTI) also went down by more than 4% to $58.7 per barrel, which was their lowest since Ma. Both Marks approached one of the lowest price levels since the beginning of the pandemic,<a href="https://www.wsj.com/livecoverage/stock-market-today-dow-sp-500-nasdaq-10-10-2025/card/this-is-some-of-the-cheapest-oil-since-the-pandemic-3Ib1AIOdXrLsmNXSu0Oi?mod=lctimeline_finance"> notes</a> The Wall Street Journal.

Oil prices collapsed 4% amid worsening US-China trade relations

MP Materials Corp.

USA Rare Earth, Inc.

Energy Fuels Inc.

Shares of rare earth metals companies soared on Friday, October 10. MP Materials rose 15%, USA Rare Earth 19%, NioCorp Developments almost 14%, and uranium producer Energy Fuels more than 10%.

Rare earth stocks soar after Trump threatens China with higher tariffs

QUALCOMM Incorporated

Beijing steps up pressure on key chip maker ahead of meeting between U.S. and Chinese presidents

Qualcomm has come under antitrust investigation in China. Shares fell

By the end of August, the average duty rate on U.S. imports had reached its highest level since the height of the Great Depression in 1933

The economy has not yet felt the impact of US duties, the OECD said. When will the effect be felt?

Baidu, Inc.

Alibaba Group Holding Limited

Tencent Holdings Limited

Semiconductor Manufacturing International Corporation

Cambricon Technologies Corporation Limited

Advances in the development of artificial intelligence and the production of proprietary chips for it have triggered a large-scale rally in the market of technology companies in China. But you should approach investments in the Chinese market with caution, experts warn: you never know where the wind from Beijing will blow.

The Great Chinese Technorally: What risks investors need to be aware of

Donald Trump said on Friday that in a phone call with Chinese President Xi Jinping, they came close to approving a deal to sell the U.S. business TikTok to a group of investors from the U.S. "I just had a very productive call with Chairman Xi. We made progress on many important issues including (...) approval of the TikTok deal," Trump <a href="https://truthsocial.com/@realDonaldTrump/115231649861246548">wrote</a> on Truth Social. - The conversation was very good, we'll talk on the phone again, thank you for the TikTok approval, and we both look forward to meeting at [the international forum] APEC!"

Trump says US and China are close to a deal on TikTok

FedEx Corporation

Intel Corporation

United Parcel Service, Inc.

Daily review and forecast of events on the U.S. stock market from Mikhail Denislamov, Deputy Director of Freedom Capital Markets Research.

Morning in New York: Trump and Xi will set the direction of trading

Nvidia's latest chip for the Chinese market has failed to generate excitement among local customers, Reuters has found out

Trade war