Because of the customs duties … the Wall Street Stock Exchange closes a 6% decline

The Wall Street Stock Exchange in New York on Friday was about 6 percent in a sharp decline in the second consecutive session against the background of investor concerns about the US economy after US President Donald Trump imposed new customs duties.
5.50 percent decreased, while the Nasdaq index decreased by 5.82 percent, and the S&P 500 index has been in its worst loss since 2020, with a decline of 5.97 percent.

American stocks

The American job market data that was issued today did not succeed, and it was much better than expectations to stop a decline.

European stocks witnessed some of their largest losses during the day, as their indicators decreased by 4%. The price of crude oil has decreased to its lowest level since 2021.
China’s response to American customs duties accelerated losses in global markets.