Market Turmoil as Tariff Fears Resurface

On a tense Friday, Wall Street witnessed a significant downturn with the Dow Jones Industrial Average tumbling over 200 points. The market's initial stability was short-lived as fears of reciprocal tariffs, potentially imposed by President Donald Trump, began to unsettle investors.

Impact Across Major Indices

By mid-morning, the Nasdaq 100 and the S&P 500 were not spared, with losses of 0.77% and 0.52%, respectively. This widespread decline underscores the market's vulnerability to geopolitical tensions and trade policy uncertainties.

Euro-Dollar Exchange Rate Dips

Amidst the market's turmoil, the euro also saw a decline, trading 0.44% below the dollar. This movement reflects the interconnectedness of global markets and currencies in times of economic uncertainty.