The Dow Jones Industrial Average fell 444 points, or 1%, on Friday as investors became increasingly anxious over rising inflation concerns and potential new tariffs. This surge in uncertainty contributed to a choppy trading session, with major indexes experiencing increased losses.
Key factors affecting the stock market include:
Recurring inflation worries
Word that more tariffs are likely on the horizon
The S&P 500 also faced losses due to these economic concerns. Meanwhile, Tesla, Shopify, and other big-name companies reported earnings results, which may have influenced investor sentiment.
Investors will be watching closely for CPI data and retail sales figures in the coming days, as these could provide further insight into the state of the economy.
Source: https://www.investors.com/market-trend/stock-market-today/dow-jones-nasdaq-sp500-palantir-stock-tesla-stock