On Friday, the US stock markets experienced a significant decline following the release of an economic report indicating that American consumers are becoming increasingly apprehensive about rising prices and the potential impact of President Donald Trump's tariffs on inflation.
The Dow Jones Industrial Average plummeted by 748 points, marking a 1.7% decrease. Similarly, the broader S&P 500 and the Nasdaq also experienced declines of 1.7% and 2.2%, respectively. This decline in the Dow marked the second consecutive day of losses, with a total drop of approximately 1,200 points over Thursday and Friday.
