US stocks dip amid concerns over tariffs and consumer belt-tightening
1. US stocks dropped sharply on Friday amid tariffs and soft consumer demand. S&P 500 recorded its worst drop since December. 2. Economic data revealed decelerating business activity and declining consumer sentiment. Uncertainty fueled market volatility. 3. Walmart’s disappointing forecast intensified fears of dampening consumer demand. All major indexes fell for the week. 4. Tariff threats resurface as Trump hints new duties on lumber and high-tech imports. Consumer discretionary and tech led losses.