Market Volatility Amid Trade Tensions and Earnings Reports
The S&P 500 edged higher by 0.4% on Wednesday, October 10, 2025, as investors digested mixed earnings reports and escalating U.S.-China trade tensions. Bunge Global (BG) shares surged 13%—the day's top performer—after former President TRUMP floated a ban on Chinese cooking oil imports. The agribusiness giant, as the world's largest oilseed processor, stands to benefit from potential trade restrictions.
Progressive Corp. dragged on financials after disappointing quarterly results, while semiconductor stocks like Advanced Micro Devices (AMD) saw muted reactions. Market participants remain focused on the Federal Reserve's October meeting, with futures pricing reflecting 58% odds of another rate cut.