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US stocks cratered on Friday as China stoked trade-war fears and Fed Chair Jerome Powell warned of higher inflation and slower growth stemming from tariffs.
The Dow Jones Industrial Average (^DJI) pulled back 4.3%, or about 1,700 points. The blue-chip index was on pace to close in correction territory. Meanwhile, the S&P 500 (^GSPC) sank about 4.8%, as the broad-based benchmark was headed for its worst week since 2020. The tech-heavy Nasdaq Composite (^IXIC) dropped around 5%, on pace to close ...
>>> Read more: Stock market today: Dow plunges over 1,500 points, Nasdaq set to enter bear market as Trump tariffs hammer Wall Street
The Dow Jones Industrial Average (^DJI) pulled back 4.3%, or about 1,700 points. The blue-chip index was on pace to close in correction territory. Meanwhile, the S&P 500 (^GSPC) sank about 4.8%, as the broad-based benchmark was headed for its worst week since 2020. The tech-heavy Nasdaq Composite (^IXIC) dropped around 5%, on pace to close ...
>>> Read more: Stock market today: Dow plunges over 1,500 points, Nasdaq set to enter bear market as Trump tariffs hammer Wall Street
