Earnings Mastery
  • Politics
  • Business
  • Investing
  • World
No Result
View All Result
  • Politics
  • Business
  • Investing
  • World
No Result
View All Result
Earnings Mastery
No Result
View All Result
Home Investing

US stocks open mostly flat as credit concerns, trade tensions weigh on sentiment

October 18, 2025
in Investing
0
SHARES
1
VIEWS
Share on FacebookShare on Twitter

The Dow Jones Industrial Average was essentially flat on Friday as traders sought to move past credit concerns that triggered a sharp sell-off in regional banks on Thursday.

The index traded 14 points higher, or less than 0.1%, while the S&P 500 shed 0.2% and the Nasdaq Composite fell 0.4%.

Stocks that led Thursday’s banking sell-off were rebounding in early trading.

Zions Bancorp and Western Alliance had disclosed bad loans over the prior 48 hours, triggering steep declines Thursday—Zions lost 13% and Western Alliance fell 11%.

On Friday, Zions climbed more than 4% after Baird upgraded the stock, citing an overreaction to the potential loan losses.

Jefferies, which was caught up due to exposure to bankrupt auto parts retailer First Brands, rose nearly 5% after Oppenheimer upgraded it to outperform.

Better-than-expected earnings from Fifth Third Bancorp eased investor concerns, sending the stock up 2% in early trading, despite the bank posting higher credit losses tied to bankrupt subprime auto lender Tricolor.

Major banks that had weighed on Thursday’s session, including J.P. Morgan and Bank of America, also moved higher.

Thursday had seen the Dow lose 300 points and the S&P 500 drop 0.6%, driven by the regional banking slump.

The SPDR S&P Regional Banking ETF (KRE) declined more than 6%, marking four consecutive weeks of losses.

Early Friday, the ETF rebounded 2% as investors judged the credit issues to be largely idiosyncratic.

“We don’t think there are systemic credit problems for banks—most of what we’re seeing so far is a function of a few specific situations (First Brands and TriColor), while credit quality broadly, if anything, is tracking better than anticipated,” Adam Crisafulli of Vital Knowledge noted.

US-China trade tensions

US President Donald Trump said Friday that the proposed 100% tariff on Chinese goods is not intended to be permanent.

“It’s not sustainable, but that’s what the number is,” Trump told Fox Business Network. “They forced me to do that.”

Trump confirmed he would meet Xi in two weeks and expressed optimism about the talks, saying he believed “things will be fine with China.”

“I get along great with him,” Trump said of Xi in the interview. “I think we’re going to be fine with China, but we have to have a fair deal. It’s got to be fair.”

On October 10, Trump announced the 100% tariff on Chinese goods, effective November 1, saying in a Truth Social post that the move was in response to China’s “unprecedented position.”

The president also said the US would impose export controls on “any and all critical software.”

Treasury Secretary Scott Bessent is expected to hold a phone call on Friday with Chinese Vice Premier He Lifeng to discuss ongoing trade negotiations, according to a CNBC report.

The post US stocks open mostly flat as credit concerns, trade tensions weigh on sentiment appeared first on Invezz

Previous Post

Nvidia stock takes a hit: is this the start of a broader tech sell-off?

    Become a VIP member by signing up for our newsletter. Enjoy exclusive content, early access to sales, and special offers just for you! As a VIP, you'll receive personalized updates, loyalty rewards, and invitations to private events. Elevate your experience and join our exclusive community today!


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Latest

    US stocks open mostly flat as credit concerns, trade tensions weigh on sentiment

    October 18, 2025
    Nvidia stock takes a hit: is this the start of a broader tech sell-off?

    Nvidia stock takes a hit: is this the start of a broader tech sell-off?

    October 18, 2025
    Apple outbids ESPN to win exclusive US Formula 1 broadcast rights in $150M deal

    Apple outbids ESPN to win exclusive US Formula 1 broadcast rights in $150M deal

    October 18, 2025
    Micron stock tumbles after its big China exit: here’s what it means

    Micron stock tumbles after its big China exit: here’s what it means

    October 18, 2025
    ZION stock: why the pullback in this regional bank is vastly overdone

    ZION stock: why the pullback in this regional bank is vastly overdone

    October 18, 2025
    Europe bulletin: BBC under fire, Mango death reopened, UK banks slide

    Europe bulletin: BBC under fire, Mango death reopened, UK banks slide

    October 18, 2025

    Disclaimer: EarningsMastery.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Popular

    Zinc prices rally on US rate cut hopes, despite supply oversupply

    Zinc prices rally on US rate cut hopes, despite supply oversupply

    August 27, 2025

    Latest

    US stocks open mostly flat as credit concerns, trade tensions weigh on sentiment

    October 18, 2025
    Nvidia stock takes a hit: is this the start of a broader tech sell-off?

    Nvidia stock takes a hit: is this the start of a broader tech sell-off?

    October 18, 2025
    Apple outbids ESPN to win exclusive US Formula 1 broadcast rights in $150M deal

    Apple outbids ESPN to win exclusive US Formula 1 broadcast rights in $150M deal

    October 18, 2025
    • About us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 earningsmastery.com | All Rights Reserved

    No Result
    View All Result
    • Politics
    • Business
    • Investing
    • World

    Copyright © 2025 earningsmastery.com | All Rights Reserved