Market sell-off: Trump post lops off $2 trillion from stocks in a single day
2025-10-12 09:46:38 source：CNBC
October 11, 2025
On Friday morning, the S&P 500 was less than a couple of points from another all-time high. Then, after a single social media post from President Donald Trump, $2 trillion in market value was wiped out.
The unraveling shows the sway the president’s one-man trade policy still has over the fate of the global economy.
Trump at 10:57 a.m. ET wrote on his Truth Social platform that China was “becoming very hostile” with the rest of the world, especially when it comes to its control of rare earth metals. He accused China of holding the world “captive” because of its “monopoly” on these crucial resources.
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https://www.cnbc.com/2025/10/11/trump-post-costs-stocks-2-trillion-in-single-day.html