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Dow Falls, S&P Retreats from Records

  • Stocks fell on Friday after President Trump announced a 35% tariff on Canada and threatened higher tariffs.
  • The Dow Jones dropped 279.13 points to 44,371.51, while the S&P 500 lost 20.71 points to 6,259.75, and the NASDAQ Composite dipped 45.14 points to 20,585.53.
  • The major averages ended the week in the red, with investors preparing for second-quarter earnings reports and key inflation data.
  • Prices for the 10-year treasury rose, oil prices improved to $68.59 U.S. a barrel, and gold prices jumped to $3,371.70 U.S. an ounce.

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