Wall Street Witnesses Sharp Decline

Wall Street experienced a significant downturn on Friday, with the Dow Jones Industrial Average dropping more than 400 points. This decline was fueled by growing concerns over the Trump administration's tariff policies and the threat of imposing reciprocal duties on trading partners. Investors were also reacting to the latest jobs report, which indicated a lower-than-expected addition of 143,000 nonfarm payrolls in January.

Market Performance Overview

By 2:11 pm ET, the Dow Jones had fallen by 0.92%, or 410 points. Similarly, the Nasdaq 100 and the S&P 500 were not spared, with the former plummeting 1.21% and the latter decreasing by 0.92% at 2:13 pm ET.

Currency Movements

In the currency market, the euro experienced a decline, losing 0.56% against the dollar to sell for 1.03314 at 2:17 pm ET.