Dow Tumbles 1,100 Points; US Economy Adds 228,000 Jobs In March
Benzinga (Fri, 04-Apr 9:53 AM)
U.S. stocks traded lower this morning, with the Dow Jones index dipping more than 1,100 points on Friday. China unveiled a retaliatory 34% tariff on U.S. goods—mirroring the rate announced by President Donald Trump on Wednesday—deepening fears of a full-blown trade war.
The Dow traded down 2.82% to 39,401.43 while the NASDAQ fell 3.59% to 15,955.66. The S&P 500 also fell, dropping, 3.20% to 5,223.96.
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Leading and Lagging Sectors
Consumer staples shares fell by just 0.5% on Friday.
In trading on Friday, energy shares tumbled by 5.2%.
Top Headline
In March, nonfarm payrolls surged by 228,000, the Bureau of Labor Statistics reported Friday. The outcome is well above the three-month average of ...
