Wall Street Extends Losses Amid Tariff Worries

On Friday, Wall Street faced significant losses as the Dow Jones Industrial Average plunged more than 400 points. This downturn was fueled by fresh concerns over the Trump administration's tariff policies, including threats to impose reciprocal duties on trading partners.

Jobs Report Adds to Investor Anxiety

Investors also reacted to the latest jobs report, which revealed that the US added 143,000 nonfarm payrolls in January, falling short of analysts' expectations. This disappointing data further contributed to the market's downward trend.

Market Performance Overview

By 2:11 pm ET, the Dow Jones had slid 0.92%, or 410 points, while the Nasdaq 100 plummeted 1.21% at 2:13 pm ET. Similarly, the S&P 500 was down 0.92% at the same time. The euro also lost 0.56% against the dollar, selling for 1.03314 at 2:17 pm ET.