• Salah Abdullah Al-attar - Editor-in-Chief

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Wall Street Closes Lower Amid Tariff and Inflation Pressures..

Wall Street Ends Week Lower Amid Tariff Uncertainty and Inflation Concerns


New York, Friday – U.S. stock markets closed the week in negative territory as investors faced mounting uncertainty over tariff policies and struggled to process new inflation data.


In Friday's session:


The broad S&P 500 fell 112.37 points (1.97%)


The Nasdaq Composite dropped 481.04 points (2.70%)


The Dow Jones Industrial Average declined 715.80 points (1.69%)


The market downturn followed:


A March consumer confidence report that slightly missed expectations, with inflation expectations reaching multi-decade highs


The core PCE price index (the Fed's preferred inflation gauge) rising:


2.8% year-over-year (February)


0.4% month-over-month


"The inflation numbers are particularly concerning," CNBC reported, "as they suggest persistent price pressures that could delay Fed rate cuts."