The CNN Money Fear and Greed index showed a sharp decline in overall market sentiment, as the index moved into the “Fear” zone on Friday.

U.S. stocks settled lower on Friday, with the Nasdaq Composite falling more than 800 points during the session after President Donald Trump threatened a sweeping increase in tariffs on Chinese imports.

The S&P 500 plunged 2.4% last week, while the Dow also recorded a weekly decline of 2.7%.

“Some very strange things are happening in China! They are becoming very hostile and sending letters to countries throughout the world that they want to impose export controls on every element of production involving rare earths,” Trump wrote on Truth Social. “I was to meet President Xi ...