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WSJ Your Money Briefing

What’s News in Markets: Tariff Fear, Delta Soars, AMD + OpenAI

WSJ Your Money Briefing

The Wall Street Journal

Business News, News

4.11.7K Ratings

🗓️ 11 October 2025

⏱️ 6 minutes

🧾️ Download transcript

Summary

What set off Wall Street’s “fear gauge”? And how did Delta’s earnings affect airline stocks? Plus, how did markets react to AMD’s new partnership with OpenAI? Host Francesca Fontana discusses the biggest stock moves of the week and the news that drove them. Sign up for the WSJ's free Markets A.M. newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Imagine a delicious patty nestled between two buns with cheese and ketchup. It's not a burger.

0:05.6

That patty is actually sausage, which makes this a sandwich. A breakfast sausage sandwich,

0:10.1

the new 199 sausage sandwich from McDonald's. Made with RSPCA at short pork.

0:15.6

Until 11am. Price and participation may vary. Up charges and fees apply to delivery.

0:19.2

Subjects for availability.

0:20.1

Hey listeners, your money briefing is on a break, but we'll be back with more personal finance

0:24.8

information for you in the future. Until then, here's the news moving markets this week.

0:32.6

Hey listeners, it's Saturday, October 11th. I'm Francesca Fontana for the Wall Street Journal,

0:38.7

and this is What's News and Markets, our look at the biggest stock moves of the week and the news

0:43.6

that drove them. Let's get to it. The stock market was chugging along this week, with indexes

0:49.3

hitting records and shrugging off some doubts about the AI boom. Then, on Friday, things took a turn, a pretty steep one.

0:57.9

U.S. stocks gave up their gains for the week on Friday

1:00.8

after President Trump posted on Truth Social

1:03.6

that he may cancel a planned meeting with China's leader

1:06.4

and threatened a, quote, massive increase in tariffs on products from China.

1:11.5

We saw chip stocks take a tumble, so did oil prices, but do you know what was up?

1:17.2

Good old fear.

1:18.9

Wall Street's fear gauge, aka the Cebo Market Volatility Index, was flying higher,

1:24.6

with its percentage gain hitting double digits during Friday's session.

1:28.7

All in all, the three major indexes ended the week lower.

1:32.4

The S&P 500 fell 2.4%, the Dow fell 2.7%, and the NASDAQ fell 2.5%. We just went over what went wrong, so to speak, in the stock market.

1:48.4

What went right?

...

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