Trade Turmoil and Earnings Shape Market Sentiment

This week, the US stock markets experienced significant turbulence, primarily influenced by ongoing trade disputes with key partners such as Canada, Mexico, and China. The situation was further complicated by the latest earnings reports from major corporations, including Alphabet, Disney, Uber, and Amazon, alongside disappointing nonfarm payroll data.

Market Performance and Future Outlook

As the markets closed on Friday, the Dow Jones Industrial Average saw a notable decline, dropping 0.99% or 444 points. Similarly, the Nasdaq 100 and the S&P 500 faced significant downturns. Amid these developments, President Donald Trump hinted at a forthcoming announcement on reciprocal tariffs, keeping investors on edge about the future of trade relations and market stability.