The stock market fell again on Friday, with the Dow closing the day down 2,200 points and the S&P 500 dropping 10% in the past two days as new U.S. tariff policies continued to rattle investors.
China added to Friday’s poor economic outlook by imposing 34% tariffs on U.S. goods starting April 10, matching tariffs announced by the White House earlier this week.
March’s jobs report did bring good economic news Friday, as the U.S. added 228,000 jobs, beating expectations and highlighting a resilient labor market.
Federal Reserve Chair Jerome Powell remained cautious Friday, noting that key indicators “still show a solid economy” despite mixed economic signals.
