Wall Street Sees Red as Dow Jones Plummets

In a significant downturn, Wall Street indexes extended their losses this Friday, with the Dow Jones Industrial Average taking a steep dive of over 400 points. This downturn comes amidst growing concerns over the Trump administration's tariff policies, especially after threats of imposing reciprocal duties on trading partners surfaced.

Jobs Report Adds to Market Jitters

Investors also had to digest the latest jobs report, which revealed that the US added 143,000 nonfarm payrolls in January. This figure fell short of analysts' expectations, further fueling the market's unease.

Market Indexes and Currency Performance

At 2:11 pm ET, the Dow Jones had slid by 0.92%, or 410 points, while the Nasdaq 100 plummeted 1.21% by 2:13 pm ET. The S&P 500 wasn't spared either, dropping 0.92% at the same time. In currency markets, the euro lost 0.56% against the dollar, trading at 1.03314 by 2:17 pm ET.