The S&P 500 ( ^GSPC) moved almost 1% lower, while the tech-heavy Nasdaq Composite ( ^IXIC) slid around 1.4%, both finishing their second week of consecutive losses. The Dow Jones Industrial Average ( ^DJI) also fell more than 400 points, or almost 1%, to register its worst daily performance in roughly four weeks.

NASDAQ retreats as traders focus on inflation expectations and take profits after the recent rebound. Amazon, which was down by 4%, was among the worst performers in the NASDAQ index today. The stock found itself under pressure as the company’s first-quarter guidance missed analyst estimates.

U.S. stocks are slumping Friday amid worries about higher inflation and tariffs, while a closely watched report gave a mixed picture of the U.S. job market. The S&P 500 was down 0.9% and on track to wipe out what had been a modest gain for the week,

Solid results from Apple are buoying spirits, as investors brace for PCE inflation and weigh Trump's renewed tariff threat.

U.S. stocks slumped Friday amid worries about higher inflation and tariffs, while a closely watched report gave a mixed picture of the U.S. job market. The S&P 500 was down almost 1%, and the Dow Jones Industrial Average fell more than 400 points,