Wall Street opens in the red, hit by Trump's tariffs and rising unemployment
NEW YORK, New York.- Wall Street opened in the red on Friday, affected by U.S. President Donald Trump 's tariff adjustments and the rise in U.S. unemployment in July.
Thirteen minutes after the bell rang, the The Dow Jones Industrial Average fell 1.34% to 43,538 points; the index The S&P 500 fell 1.52% to 6,242 points, and the technology index Nasdaq lost 1.95% to 20,711 points.
🚨 AUGUST 1ST.
President Donald J. Trump signs an Executive Order modifying reciprocal tariff rates, resetting decades of failed trade policies. America First 🇺🇸 pic.twitter.com/hsgQzlY1Uy
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