Reported 2 days ago
The Dow Jones Industrial Average plummeted 542 points on Friday, driven by a weak jobs report and last-minute tariff changes enacted by President Trump. The Labor Department revealed that only 73,000 jobs were added in July, significantly below expectations, with previous months' figures also revised downwards. Investors expressed concern over the labor market's weakness, while Trump's updated tariffs intensified market volatility, leading to fears of an economic shift.
Source: YAHOO