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Economic News News 11 October 2025 - 17 October 2025

Fraud Scandals at Regional Banks Spark Global Market Jitters as Gold Hits Record High

Fraud Scandals at Regional Banks Spark Global Market Jitters as Gold Hits Record High

Fraud Shock at Zions and Western Alliance Triggers Selloff Zions Bancorp (a Utah-based regional lender) stunned investors mid-week by disclosing a major credit mishap involving apparent fraud. In an Oct. 15 SEC filing, Zions said it discovered “misrepresentations and contractual defaults” in two large commercial loans totaling about $60 million at its California Bank & Trust unit ts2.tech ts2.tech. The bank moved swiftly: it accelerated the loans to default, filed a lawsuit against the guarantors, and wrote off $50 million, effectively recognizing the entire exposure as a loss while it tries to recover funds ts2.tech. This surprise hit – unusual for a
Dow Dips as Fed Fears Slam Tech Stocks – Hot Economic Data Rattles Wall Street (Sept 25, 2025)

Stocks Surge on Trade Optimism and Fed Cut Hopes – Is a New Bull Run Brewing?

Key facts: U.S. stock indexes jumped in mid-October as trade-war fears eased and Fed officials signaled more rate cuts. The S&P 500 closed near 6,671 (up ~0.4%) and the Nasdaq around 22,670 (+0.7%), while the Dow was roughly flat reuters.com. Futures point higher: on Oct. 16 morning, Dow futures were +0.4% and S&P 500 futures +0.2% economictimes.indiatimes.com. Major banks led the rally (Morgan Stanley +4.7%, Bank of America +4.4%) ts2.tech, and tech/AI stocks powered gains (for example, AMD spiked ~24% in a day, Nvidia ~41% YTD) ts2.tech. Analysts have raised year-end targets – some now see the S&P hitting 6,000–7,000
Powell’s High-Stakes Speech Spurs Markets – Fed Signals More Rate Cuts in 2025

Fed Cuts Rates — But Mortgage Rates Refuse to Fall, Tech Stocks Surge to New Highs

Fed Policy and Mortgage Rates The Fed’s pivot to easier policy has not yet translated into cheaper mortgages. In September the Fed delivered its first rate cut of 2025 (bringing the federal funds target to 4.00–4.25%) and Fed officials like Governor Michelle Bowman signal more cuts are coming reuters.com. Futures markets now imply a roughly 95% chance of another 25 bp cut at the Oct. 28–29 meeting ts2.tech. Despite this, the average 30-year fixed mortgage rate is holding around 6.2%, slightly higher than a year ago thedailyeconomy.org reuters.com. Economists like Paul Mueller explain why: mortgages track the 10-year Treasury yield, which isn’t
Market Shock: Dow & Nasdaq Futures Plunge Amid Trade War Fears; Gold Hits Record, Crypto Slumps

Market Shock: Dow & Nasdaq Futures Plunge Amid Trade War Fears; Gold Hits Record, Crypto Slumps

Traders at the New York Stock Exchange monitor screens as futures opened lower on Tuesday reuters.com. U.S. stock-index futures fell on trade-war jitters despite a tech-fueled rebound on Monday. U.S. Markets and Fed Watch Wall Street futures opened lower on Tuesday as investors fretted over renewed trade tensions with China. U.S. stock-index futures dipped – Dow futures were off about 0.5%, S&P 500 and Nasdaq futures off ~0.7–1.0% reuters.com. This followed a strong Monday rebound: the Nasdaq gained ~2.2% and the S&P 500 ~1.6% as President Trump tweeted a conciliatory message on China (saying “it will all be fine” with
14 October 2025
Cryptocurrency Market Update: October 2025 Rally Ends with Tariff-Driven Selloff

Crypto Carnage Erupts: Trump’s Surprise Tariff Tweet Sparks Historic $200B Sell-Off

Tariff Bombshell Sends Crypto into Tailspin On Friday evening, Oct. 10, President Trump posted on Truth Social that he would impose a 100% tariff on all Chinese imports starting Nov. 1. The tweet blindsided markets. Within minutes, a “risk-off” stampede hit global assets – and crypto fell hardest. Bitcoin plunged from about $122,000 to ~$114,000 in hours ts2.tech, ultimately bottoming near $104,782 (a 14% plunge) by Oct. 11 reuters.com. Ether fell over 12%, dipping under $3,500 reuters.com. Smaller “altcoins” got crushed as leveraged traders were liquidated en masse. The Wall Street Journal reported this surprise tariff tweet “triggered a cryptocurrency
Nasdaq Climbs Record Highs Then Retreats Amid Trade and Tech News

Nasdaq Surges 1.7% on Monday After Trump Calms Trade War Fears – Tech Stocks Lead Wild Comeback

Market Summary – Nasdaq Composite & Nasdaq-100 Performance Monday’s session saw a sharp recovery in equities after Friday’s selloff. The Nasdaq Composite rebounded to 22,513.52 at the close, up 1.39% for the day investing.com. The tech-heavy Nasdaq-100 also climbed to 24,697.77, up 1.97% investing.com. These gains came as U.S. futures jumped and major tech names surged (see below). By comparison, on Friday Oct 10 the Nasdaq Composite had plunged to 22,204.43 (-3.56%) investing.com on news of fresh trade tensions – wiping out nearly two weeks of gains (the index had traded at record highs near 23,043 on Oct 9 ts2.tech).
13 October 2025
Markets in Limbo: Stocks Soar on Trade Truce Hopes – But Is a Pullback Imminent?

Markets in Limbo: Stocks Soar on Trade Truce Hopes – But Is a Pullback Imminent?

Market Snapshot and Reactions Last Week’s Close: U.S. indices ended sharply lower on Friday, Oct 10 (the last trading day). The Dow Jones Industrials fell 878.82 points (−1.9%) to 45,479.60 nasdaq.com. The tech-heavy Nasdaq Composite plunged 820.20 points (−3.6%) to 22,204.43 nasdaq.com — its steepest drop since April 10. The S&P 500 lost 182.60 points (−2.7%) to 6,552.51, its largest single-day slide since April 10 nasdaq.com. Only one of the 11 S&P sectors managed a gain. Market breadth was weak: for example, the XLK technology ETF fell 4.1%, and most stocks declined nasdaq.com. The VIX “fear gauge” jumped to 21.66
Stocks Surge as Trump Eases China Tariff Threats – Fed Rate-Cut Hopes Ignite Rally

Stocks Surge as Trump Eases China Tariff Threats – Fed Rate-Cut Hopes Ignite Rally

U.S. stock futures roared higher Monday as traders seized on softer trade rhetoric. Trump had threatened on Friday “massive” new tariffs on China, briefly sparking the Nasdaq’s worst single-day drop in months investopedia.com. He warned of 100% levies and cutting a summit with China’s Xi Jinping, which sent Friday’s S&P 500 down 2.7% and Nasdaq down 3.6% investopedia.com. But over the weekend Trump posted on Truth Social that “it will all be fine” with China and the U.S. did not want to “hurt” its economy investopedia.com. This reprieve calmed markets. Dow futures added +1.0%, S&P futures +1.3%, Nasdaq +1.9% by
13 October 2025
Stocks Retreat as AI Hype Meets Shutdown and Trade Fears – What’s Next?

Stocks Retreat as AI Hype Meets Shutdown and Trade Fears – What’s Next?

Market Update: Rally Pauses, Tech Leads Losers U.S. stocks gave back early gains as investors “paused to assess the optimism around AI and interest-rate cuts” x.com. On Friday Oct. 10, the Dow closed around 45,480 (down ~1.9%), the S&P 500 about 6,552 (–2.7%) and the Nasdaq roughly 22,204 (–3.6%) reuters.com nasdaq.com. Over the week, the S&P and Nasdaq had their worst weeks in months as global trade fears resurfaced. The declines were broad-based: 10 of 11 S&P sectors fell, with big drops in tech and consumer discretionary nasdaq.com. Volatility spiked – the VIX fear index jumped 32% to ~21.7, its highest since
Will You Get a Surprise $2,000 Stimulus Check in October 2025? (And Why Stocks Are Soaring Anyway)

Will You Get a Surprise $2,000 Stimulus Check in October 2025? (And Why Stocks Are Soaring Anyway)

The IRS and Congress insist no new federal stimulus checks are coming in late 2025 ts2.tech ts2.tech. Viral claims of one-time $1,390, $1,702 or $2,000 payments this October are bogus ts2.tech ts2.tech. President Trump’s talk of a “tariff rebate” check of $1,000–$2,000 per person is only a proposal, with no law passed authorizing it ts2.tech hindustantimes.com. In fact, the only “COVID” stimulus money moving now is the IRS wrapping up the last $1,400 pandemic rebates to about 1 million people who missed claiming their 2021 credit kiplinger.com – these are unclaimed rebates from past programs, not new checks. Instead, several
Cryptocurrency Market Update: October 2025 Rally Ends with Tariff-Driven Selloff

Cryptocurrency Market Update: October 2025 Rally Ends with Tariff-Driven Selloff

In early October 2025 the crypto market began on a strong footing. Record inflows into crypto ETFs and bullish equity markets helped push prices higher. For example, Reuters reported that Bitcoin hit a new all-time high above $125,000 on Oct. 5 reuters.com – its eighth straight day of gains – as over $5.95 billion flowed into crypto ETFs in the week to Oct. 4 reuters.com. According to CoinShares, investors poured $3.55 billion into Bitcoin and $1.48 billion into Ethereum products during that period reuters.com. These inflows, along with a weaker U.S. dollar, helped lift Bitcoin’s market cap toward ~$2.48 trillion by Oct. 7 coingecko.com (CoinGecko data), and
11 October 2025
Gold Soars Past $4,000 for the First Time – Inside the Historic Rally and What’s Next

Gold Prices Rally to New Records in Early October 2025

Gold prices surged in early October 2025, repeatedly hitting new all-time highs above $4,000 per ounce as investors sought safe-haven assets amid mounting global uncertainty. From October 1 to 11, the gold spot price climbed steadily (London PM fix and New York futures both setting records), with U.S. December futures briefly topping the $4,000 mark on October 7 and again on October 10 reuters.com reuters.com. After a strong rally in late September, spot gold accelerated into October – for example, futures soared to $4,014.6 on October 7 reuters.com and to $4,059.05 on October 8 reuters.com. When profit-taking and easing volatility
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