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HomeTrading Room"Dow Drops 200 Points Amid Tariff and Inflation Concerns; Nasdaq Slides 1%...

“Dow Drops 200 Points Amid Tariff and Inflation Concerns; Nasdaq Slides 1% Led by Amazon”

Stocks declined on Friday as traders reacted to news about tariffs and inflation.

President Donald Trump is considering reciprocal tariffs on trading partners, potentially raising tariffs to match those imposed on the U.S.

The Dow Jones Industrial Average dropped by 220 points, or 0.5%.

The S&P 500 fell by 0.6%, while the Nasdaq Composite decreased by 1%.

These losses nearly erased the week’s earlier gains for major indexes.

Source (CNBC)

SourceCNBC
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