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DROPS 500 POINTS AS INFLATION WORRIES DENT MARKET SENTIMENT

U.S. stocks fell on Friday as investors grappled with ongoing tariff uncertainty and digested key inflation data.

The Dow Jones Industrial Average traded 388 points lower, or 0.9%.

The S&P 500 lost 1.1%.

The Nasdaq Composite shed 1.5%.

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DOW DROPS MORE THAN 450 POINTS, S&P 500 POSTS BACK-TO-BACK LOSS OVER TRUMP TARIFF UNCERTAINTY

The S&P 500 slid in a head-spinning day for traders as they digested new tariffs proposed by President Donald Trump that were still in flux as of Tuesday afternoon. The trade policy uncertainty has brought the benchmark to the brink of a correction, which is defined as a decline of 10% from its high.