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U.S. Stock Markets Reel from Tariff Uncertainty and Weak Jobs Report

Major indices face steep losses and volatility as February jobs data disappoints and tariff policies create economic uncertainty.

  • The Dow, S&P 500, and Nasdaq experienced significant losses this week, with the Nasdaq entering correction territory after falling over 10% from its February peak.
  • President Trump temporarily suspended tariffs on North American trade agreement products until April 2, but markets remain volatile due to ongoing uncertainty surrounding trade policies.
  • February's jobs report revealed 151,000 jobs added, below the projected 160,000, while the unemployment rate unexpectedly rose to 4.1%.
  • Treasury yields dipped as concerns about a slowing U.S. economy grew, with the 10-year Treasury note yield falling to 4.23%.
  • Walgreens announced it will go private in a $10 billion acquisition by Sycamore Partners, marking a major shift for the struggling retail giant.
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