Reported about 7 hours ago
U.S. stock markets fell significantly on Friday after the White House confirmed that tariffs on imports from Mexico, Canada, and China would take effect on Saturday, triggering concerns about a potential trade war. The S&P 500 dropped 0.5%, the Dow Jones fell 0.8%, and the Nasdaq decreased by 0.3%, overshadowing positive earnings reports from companies like Apple. While the dollar rose in anticipation of tariffs, uncertainty over the economic impact led Federal Reserve officials to adopt a cautious stance regarding interest rates.
Source: YAHOO