Wall Street Sees Significant Losses

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

Impact on Major Indexes

By early afternoon, the Dow Jones had fallen by 0.92%, or 410 points, while the Nasdaq 100 and the S&P 500 also saw declines of 1.21% and 0.92%, respectively. These movements reflect growing investor anxiety over trade policies and economic indicators.

Currency Movements

In currency markets, the euro weakened against the dollar, trading down 0.56% at 1.03314. This shift underscores the broader market uncertainty and the impact of U.S. economic policies on global financial markets.