23 Oct 2025 | 3 Mins Read
Stocks plummet on mixed earnings and renewed trade tensions
Flipitmoney
Wall Street closed lower on Wednesday due to mixed earnings and concerns over US-China trade tensions. Netflix reported disappointing results, while Texas Instruments posted lower-than-expected revenue. Tech and communication services stocks weighed the Nasdaq down the most, with the Dow Jones falling 0.71% and the Nasdaq Composite losing 0.93%.