HomeMarket NewsUS Stock Market Live: Dow, S&P, Nasdaq struggle to recover at midday
US Stock Market Live: US stocks fell Friday after Donald Trump imposed a 25% tariff on foreign-made iPhones and proposed fresh EU duties. Apple slid over 2%, while broader tech losses dragged the Dow down 0.8%, the S\&P 1%, and Nasdaq 1.3%.
US Stock Market Live: US stocks fell sharply on Friday after President Donald Trump escalated trade tensions, targeting Apple with a 25% tariff on iPhones made outside the US and calling for new tariffs on the EU. The Dow dropped 300 points, while the S\&P 500 and Nasdaq lost 1% and 1.3% respectively. Apple shares slid over 2% following Trump’s post on Truth Social, marking the first time this year a specific company has been singled out in his tariff campaign. Tech stocks were broadly lower, with Micron, Qualcomm and Nvidia all posting losses.