US Stocks Fall for 2nd Straight Day After Global Tariff News

Meanwhile, the U.S. labor market has remained resilient.

A trader works on the floor of the New York Stock Exchange (NYSE) in New York City on April 4, 2025. Timonthy A. Clary/AFP via Getty Images

U.S. stocks fell for the second consecutive day on Friday after the Trump administration announced a series of global tariffs.

The Dow Jones Industrial Average dropped more than 2,200 points, or 5.5 percent. The blue-chip index registered a weekly loss of 8 percent and is down 10 percent this year.