U.S. President Donald Trump speaks during a ceremony to posthumously award the Medal of Freedom to Charlie Kirk in the Rose Garden courtyard of the White House on October 14, 2025 in Washington, DC, USA.
Kevin Lamarque | Reuters
U.S. stocks have had a volatile period of highs and lows, similar to the quality of Game of Thrones over eight seasons.
At the lowest value during the session, S&P500 The stock fell as much as 1.5%, but rebounded and was trading positive for most of the day after U.S. Trade Representative Jamison Greer suggested that China’s next trade measures could influence President Donald Trump’s tariffs.
But the market’s optimism was dampened when President Trump said he was considering a “suspension of edible oil-related trade with China” and other forms of “retaliation” because China has stopped purchasing U.S. soybeans since May. Investors appeared to take the threat seriously, with the S&P 500 index down 0.2% on the day.
However, more positive developments were seen in other regions. Federal Reserve Chairman Jerome Powell has indicated that the central bank may end monetary tightening on its bond holdings. Furthermore, major banks, which are leaders in economic activity, JP Morgan Chase, city and goldman sachsbeat earnings expectations, suggesting fundamentals remain sound.
and in between oracle’s heading to AMD’s Artificial intelligence chips — therefore, Nvidia Graphics Processing Units – While it may not be great news for Jensen Huang, the diversification of concentration risk could be a positive outcome for investors counting on AI to continue the market rally.
So the question is: Will President Trump destroy the AI-assisted market with tariffs, or will the Magnificent Seven kingdoms survive?
What you need to know today
President Trump threatens China with embargo on edible oil. This is in response to the Chinese government’s suspension of purchases of U.S. soybeans starting in May. U.S. Trade Representative Jamieson Greer said Tuesday that whether the tariffs on China will take effect 100% depends on the country’s response.
Mr. Powell has indicated that the Fed may end its tightening policy. In a prepared speech on Tuesday, Powell said the U.S. central bank may stop reducing the size of its bond holdings, which would help maintain liquidity in the economy.
Oracle to introduce AMD artificial intelligence chips. Oracle plans to use 50,000 of AMD’s Instinct MI450 chips starting in the second half of 2026, a sign that companies are turning to Nvidia’s competitors for their processing needs.
U.S. stocks were mixed. On Tuesday, the S&P 500 and Nasdaq Composite fell, but recovered from their trading lows. However, the Dow Jones Industrial Average closed higher. The pan-European Stoxx 600 index fell by 0.37%, hitting a two-week low during trading.
(PRO) Attractive European bond market. There is “real value” in this niche, said James Turner, co-head of EMEA global fixed income at BlackRock. Additionally, it provides protection against interest rate fluctuation risk.
And finally…
U.S. President Donald Trump poses next to a billboard in front of a family photo at the World Summit on Ending the War in Gaza during the U.S.-brokered prisoner and hostage exchange and ceasefire agreement between Israel and Hamas in Sharm el-Sheikh, Egypt, October 13, 2025.
Suzanne Plunkett Reuter
President Trump: “The war is over, but the path to peace in the Middle East is fragile”
While most agree that President Donald Trump deserves credit for helping bring an immediate end to the devastating war between Israel and Hamas, achieving long-term peace is another matter. Analysts say Trump’s 20-point peace plan is lacking in detail and has many gray areas, meaning there is room for grievances and disagreements in the short and long term.
This is especially true with regard to both the demilitarization of Hamas and the withdrawal of Israeli forces from the Gaza Strip, which is currently under Hamas control, as well as the most pressing issue of the peace plan, a two-state solution for Israelis and Palestinians, which is perhaps the most contentious issue.
— Holly Ellyatt
