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Stock Market Today: Dow Loses 2,200 Points As Markets In Free Fall; Nasdaq Enters Bear Territory (Live Coverage)
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Stocks kept sliding right into the close Friday as the Dow Jones Industrial Average nose-dived by more than 2,200 points and the Nasdaq careened into bear territory in the wake of China's retaliatory tariffs against those from President Donald Trump. A robust jobs report and calming words from Federal Reserve Chairman Jerome Powell failed to settle investors' nerves on the stock market today. Futures tumbled even before China said it would initiate a 34% tariff on all imported goods from the U.S., including agricultural products.