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The U.S. stock market struggled Friday, with the Dow Jones Industrial Average seeing its biggest weekly drop since October as investors assessed a survey showing consumer sentiment soured.
The Dow Jones tumbled 748.63 points on Friday, or 1.7%, to close at 43,428.02.
The S&P 500 dropped 104.39 points, or 1.7%, to finish at 6,013.13.
The Nasdaq Composite slumped 438.36 points, or 2.2%, to end at 19,524.01.
The Dow has now wiped out all its post-inauguration gains, according to Dow Jones Market Data. A survey from the University of Michigan found that consumer sentiment has dropped and consumers have increased their inflation expectations on tariff worries. Other economic data released Friday raised investor concerns over a decline in U.S. services activity in February.
For the week, the Dow retreated 2.5%, the S&P 500 fell 1.7% and the technology-heavy Nasdaq dropped 2.5%. The Dow saw its worst week since the stretch ending Oct. 25, according to Dow Jones Market Data.
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