Market Reacts to Trump's Trade Rhetoric and Corporate Earnings

On Friday, the US stock markets experienced a downturn, halting a three-day winning streak. Investors were cautious following President Donald Trump's latest comments on trade and a mixed bag of corporate earnings reports.

Dow Jones and Sectors in Focus

By 9:31 am ET, the Dow Jones Industrial Average had fallen by 0.13%, with Nike leading the decline at 1.73%. Shortly after, the Nasdaq 100 and the S&P 500 also saw decreases of 0.17% and 0.15% respectively. Intel's stock took a significant hit, plunging 8.57% after releasing a disappointing earnings report.

Currency Markets React

The euro weakened against the dollar, dropping 0.44% to $1.13400 by 9:29 am ET, reflecting the broader market uncertainty.