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US stocks tanked on Friday as Wall Street grappled with President Trump's escalating trade war and weighed signs of reinvigorated inflation pressures amid souring consumer sentiment.
The Dow Jones Industrial Average (^DJI) dropped more than 700 points or nearly 1.7%, while the benchmark S&P 500 (^GSPC) fell almost 2%. The Nasdaq Composite (^IXIC) dropped 2.7% as tech stocks led the declines.
The major averages fell on Friday after the release of a hotter-than-expected Personal Consumption Expe...
>>> Read more: Stock market today: Dow drops 700 points, S&P 500, Nasdaq sink as Wall Street reels from tariff, inflation fears
The Dow Jones Industrial Average (^DJI) dropped more than 700 points or nearly 1.7%, while the benchmark S&P 500 (^GSPC) fell almost 2%. The Nasdaq Composite (^IXIC) dropped 2.7% as tech stocks led the declines.
The major averages fell on Friday after the release of a hotter-than-expected Personal Consumption Expe...
>>> Read more: Stock market today: Dow drops 700 points, S&P 500, Nasdaq sink as Wall Street reels from tariff, inflation fears