Market Turmoil as Dow Jones Drops Over 400 Points

Wall Street witnessed a significant downturn on Friday, with the Dow Jones Industrial Average plunging more than 400 points. This dramatic drop comes amid growing concerns over the Trump administration's tariff policies, including threats to impose reciprocal duties on trading partners.

Investors React to Latest Jobs Data

Adding to the market's woes, the latest jobs report revealed that the US added 143,000 nonfarm payrolls in January, a figure that fell short of analysts' expectations. This disappointing data has further fueled investor anxiety, contributing to the day's losses.

Nasdaq and S&P 500 Also Suffer Losses

Not only did the Dow Jones take a hit, but the Nasdaq 100 and S&P 500 also experienced significant declines, dropping 1.21% and 0.92% respectively. The euro also weakened against the dollar, losing 0.56% to trade at 1.03314.