Item 1 of 2 A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., July 30, 2025. REUTERS/Jeenah Moon
[1/2]A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., July 30, 2025. REUTERS/Jeenah Moon Purchase Licensing Rights
Aug 1 (Reuters) – Wall Street opened sharply lower on Friday as new U.S. tariffs on dozens of trading partners and Amazon’s unimpressive earnings weighed on sentiment, while a weaker payrolls report added to risk aversion.
The Dow Jones Industrial Average (.DJI)
, opens new tab fell 349.2 points, or 0.79%, at the open to 43781.77. The S&P 500 (.SPX)
, opens new tab fell 52.1 points, or 0.82%, to 6287.28, while the Nasdaq Composite (.IXIC)
, opens new tab dropped 291.8 points, or 1.38%, to 20830.643.
Sign up here.
Reporting by Nikhil Sharma; Editing by Maju Samuel
Our Standards: The Thomson Reuters Trust Principles.
