US Markets End Week in Red Amid Trade War Fears

Major US stock exchanges closed significantly lower on Friday, marking a tumultuous week dominated by escalating trade tensions. Investors are closely monitoring the potential global economic impact of these developments, alongside geopolitical tensions in Ukraine and the Middle East.

CoreWeave's NYSE Debut Falls Short of Expectations

In a notable market event, CoreWeave made its debut on the New York Stock Exchange, opening at $39 per share, slightly below its initial IPO price of $40.

Significant Losses Across Major Indices

The Dow Jones Industrial Average experienced a sharp decline, dropping 1.69% or 716 points. Similarly, the Nasdaq 100 and the S&P 500 saw significant losses, falling 2.61% and 1.97%, respectively.

On the currency markets, the euro gained 0.22% against the dollar, trading at $1.08250 by late afternoon ET.

Stay tuned for more updates on this developing story.