💨 Abstract

Wall Street and Treasury yields dropped on Friday due to a mixed employment report, weak consumer sentiment, and renewed trade war concerns. The Dow, S&P 500, and Nasdaq all fell, with the Dow losing 0.86%. President Donald Trump announced plans for new tariffs, causing further market anxiety. The employment report showed a lower-than-expected job increase, but stronger wage growth and a surprise drop in unemployment.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖