Wall Street Sees Red as Dow Plunges Over 400 Points

Investors on Wall Street faced a challenging Friday as major indexes extended their losses. The Dow Jones Industrial Average took a significant hit, dropping more than 400 points. This downturn was fueled by growing concerns over the Trump administration's tariff policies, including threats to impose reciprocal duties on trading partners. Additionally, the latest jobs report, which revealed the addition of 143,000 nonfarm payrolls in January—falling short of analysts' expectations—added to the market's unease.

Market Performance Highlights

By early afternoon, the Dow Jones had slid 0.92%, or 410 points, while the Nasdaq 100 and the S&P 500 also experienced significant drops, plummeting 1.21% and 0.92%, respectively. In the currency markets, the euro weakened against the dollar, losing 0.56% to trade at 1.03314.