Live China retaliated with 34% tariffs on US goods, while Trump vows his policies will 'never change.' NYSE - Delayed Quote • USD AMEX GOLD MINER IDX (^GDM) Follow 1,222.70 -66.23 (-5.14%) As of 9:56:45 AM EDT. Market Open. Related News Stocks plummet for a second day The Wall Street rout continues. All of the major indexes (^DJI, ^GSPC, ^IXIC) opened sharply lower after China announced it will put a 34% tariff on US goods. Morning Brief Anchor Julie Hyman and Markets and Data Editor Jared Blikre break down the action at the open. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. Wall Street hunts for cheap tariff-proof stocks after the carnage The hunt for cheap stocks begins. 4 takeaways as investors survey the tariff damage to markets: Morning Brief The markets are spooked, the Fed's in a jam, a trade war is brewing, and recession chatter is growing louder. Nasdaq, S&P 500 see worst 1-day loss since 2020: Market Takeaways Trump's tariffs sent markets (^DJI, ^GSPC, ^IXIC) plummeting on Thursday, with the Nasdaq and S&P 500 seeing their biggest one-day losses since 2020. Yahoo Finance Markets Reporter Josh Schafer joins Asking for a Trend host Josh Lipton to break down the market trends of the day. To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend here. Trump just put the Fed in an 'even greater bind' President Trump just made the job of the Federal Reserve that much more difficult as he unveiled the steepest tariffs in more than 100 years, taking markets by surprise. Commentary: How Trump's tariffs could harm Americans Investors once thought a market wipeout would dissuade President Trump from mounting a ruinous trade war. They were wrong. Stocks sell off on tariffs, Apple & Lululemon fall: Market Minute President Trump's tariff plan has Wall Street on edge, with the S&P 500 (^GSPC) trading 4% lower. In the latest Market Minute, Catalysts Anchor Madison Mills takes a closer look at some of the stocks and sectors that are feeling the pain. Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute. Nasdaq set to confirm bear market as Trump tariffs trigger recession fears Trump on Wednesday slapped a 10% baseline tariff on all imports to the United States along with heavy levies on tech production hubs such as China, Taiwan and Vietnam, deepening a selloff triggered by concerns about AI spending that had pushed Nasdaq into correction territory earlier last month. The index was last down 3.8% on Friday, after China announced additional tariffs of 34% on U.S. goods in the most serious escalation. Dow on correction path as China strikes back against US tariffs A rout in global stocks continued as Beijing said it would slap additional tariffs of 34% on all U.S. goods, exacerbating worries that a trade war could stoke inflation, dent demand and tip the global economy into a recession. President Donald Trump imposed a 10% tariff on most goods imported into the U.S. earlier in the week and much higher levies on dozens of rivals, especially China. Nasdaq Composite Heads Toward Bear Market The Nasdaq Composite index could end Friday in a bear market, down at least 20% from its recent peak. The Nasdaq level to watch is 16139.11, according to Dow Jones Market Data, which would require a 2. Hiring Defied Expectations in March, With 228,000 New Jobs The U.S. added 228,000 jobs in March, the Labor Department reported Friday. The Magnificent 7, Exxon, Nike, Lululemon: Stocks to watch today Stocks may extend their post-tariff sell-off Friday after China retaliated with its own 34% duties on all U.S. goods, restrictions on rare earth exports, and other measures. Futures linked to the S&P 500, Nasdaq 100, and Dow Jones Industrial Average are all pointing to a lower open. Starmer to hold talks with global leaders as world reels from US tariffs Downing Street made clear that the UK is ‘disappointed’ with the US levies despite Donald Trump saying the Prime Minister was ‘very happy’. Strong jobs report creates Fed easing quandary amid tariff distress Nonfarm payrolls increased by 228,000 jobs last month after a downwardly revised 117,000 rise in February, the Labor Department said on Friday. The report came amid a global stock rout and rally in safe-haven government bonds after U.S. President Donald Trump's sweeping tariff plans sowed fears about a global recession, with the sell-off deepening after China said it would impose additional levies of 34% on American goods. Zacks Industry Outlook Highlights UnitedHealth, Humana and Centene UnitedHealth, Humana and Centene are part of the Zacks Industry Outlook article. Stocks to watch next week: JPMorgan, TSMC, Walgreens Boots Alliance, Levi's and Tesco Earnings preview of key companies reporting next week and what to look out for. 3 International E&P Stocks to Watch in an Undervalued Industry Following a careful analysis of the Zacks Oil and Gas - International E&P industry, we advise focusing on companies like HBRIY, TUWOY and CRNCY. Zacks Investment Ideas feature highlights: The J.M. Smucker Co., Newmont and Celsius The J.M. Smucker Co., Newmont and Celsius are part of the Zacks Investment Ideas article. Why FuboTV Stock Soared 132% in Q1 While the S&P 500 Had Its Worst Quarter Since 2022 The big gain, however, comes with an even bigger footnote. Stock Futures Remain Sharply Lower After Stronger-Than-Expected Jobs Report Stock futures held steadily lower even though the latest employment report came in well above expectations. The U.S. economy added 228,000 jobs in March, beating economists' expectations of 130,000, according to FactSet.