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Bloomberg Quint

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Image Credit: Bloomberg Quint

US Stock Markets Today: S&P 500 Retreats From Record High As Trump Tariffs Pile Pressure On Wall Street

  • The S&P 500, Nasdaq Composite, and Dow Jones Industrial Average declined on Friday as US President Trump's tariff threats caused market jitters.
  • The S&P 500 fell by 0.52%, Nasdaq Composite by 0.36%, and Dow Jones was down by 0.51% in early trade after reaching all-time highs the previous day.
  • Tech giant Nvidia led the market to cross the $4-trillion market cap before trading lower due to Trump's tariff stance.
  • All 11 sectoral indices were in the red with Communications Services and material sectors leading the decline.

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