Stocks slipped Friday as traders weighed the latest developments on the tariff front as they wrap up a wild week.
The Dow Jones Industrial Average traded 140 points lower, or 0.4%. The S&P 500 shed 0.4%, and the Nasdaq Composite
pulled back by 0.2%.
This week has been one of the most volatile periods on record for Wall Street. The major averages tumbled Thursday as traders went into risk-off mode, with trade policy uncertainty weighing on sentiment, losing a chunk of the historic gains seen on Wednesday after Trump announced a 90-day reprieve on some of his high "reciprocal" tariffs.
The S&P 500 fell 3.46% on Thursday, while the 30-stock Dow tumbled 1,014.79 points, or 2.5%.
The tech-heavy Nasdaq ended the day lower by 4.31%. On Wednesday, the S&P 500 rallied 9.52% for its third-largest gain in a single day since World War II, while the 30-stock Dow skyrocketed more than 2,900 points.
Source: CNBC
