Market Turbulence Amid Trade Tensions

This week, the US stock markets faced significant challenges, ending in the red on Friday. The downturn was influenced by ongoing trade disputes with key partners such as Canada, Mexico, and China, alongside a series of earnings reports from major corporations.

Earnings Reports and Economic Indicators

Investor sentiment was further shaped by the latest earnings from giants like Alphabet, Disney, Uber, and Amazon. Additionally, weaker-than-expected nonfarm payroll data added to the market's volatility. President Donald Trump's announcement of a forthcoming meeting on reciprocal tariffs early next week has kept market participants on their toes, eagerly awaiting further developments.

Market Performance Overview

The Dow Jones Industrial Average index saw a significant drop, with notable losses from Nike Inc. and Amazon.com Inc. The Nasdaq 100 and S&P 500 also experienced declines, with Marvell Technology Inc. and Ulta Beauty Inc. leading the downturn. Meanwhile, the euro traded lower against the dollar, reflecting the broader market unease.