Wall Street Sees Significant Downturn

On Friday, Wall Street experienced a notable decline, with the Dow Jones Industrial Average dropping more than 400 points. This downturn was fueled by concerns over the Trump administration's potential imposition of reciprocal tariffs on trading partners, alongside a less-than-expected January jobs report.

Impact on Major Indexes

By early afternoon, the Dow Jones had decreased by 0.92%, equivalent to a 410-point drop. Similarly, the Nasdaq 100 and S&P 500 also faced declines, falling by 1.21% and 0.92%, respectively.

Currency Movements

Amidst the stock market's volatility, the euro also experienced a downturn against the dollar, losing 0.56% of its value.