News Summary

• The S&P 500 sank 2.7% Friday in its worst day since April.
• The Dow Jones Industrial Average dropped 1.9%, and the Nasdaq composite lost 3.6%.
• Nearly everything weakened, from Big Tech companies like Nvidia and Apple to stocks of smaller companies looking to get past uncertainty about tariffs and trade.
• Some of Friday’s strongest action was in the oil market, where the price of a barrel of benchmark U.S. crude sank 4.2% to $58.90.