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The Dow, S&P 500, and Nasdaq are falling sharply as the stock market reacts to President Donald Trump's latest tariffs announcement and a weak July jobs report.
Markets are assessing the reshaped US trade landscape after Trump on Thursday laid out steep new tariffs for dozens of countries.
The suprisingly weak hiring numbers led investors to step up their expectations for an interest rate cut in September.
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Investor's Business Daily on MSNStock Market Today: Dow Tumbles On New Trump Tariffs, Weak Jobs Report; Amazon Plunges On Earnings (Live Coverage)Futures for the Dow Jones Industrial Average and other major stock indexes fell sharply Friday in the face of plans by President Donald Trump to impose new tariffs alongside the government's ...
The new tariff rates came before an Aug. 1 deadline Trump gave about 180 countries to either reach trade deals or face higher import duties.
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