S&P 500 Drops Sharply as 100% China Tariff Shocks Markets – Weekly Outlook Ahead of CPI, NFP & Housing Data
President Trump's announcement of a 100% tariff on Chinese imports starting November 1 triggered a sharp market selloff, with the S&P 500 dropping over 2%, Nasdaq plunging further, and the Dow falling nearly 900 points. The following week features critical economic data releases including CPI, NFP, and housing data that could either deepen the selloff or stabilize sentiment amid ongoing trade tensions.









