Ammon News - U.S. major stock indices experienced a sharp decline on Friday due to President Trump's tariff policies and consumer confidence concerns.

The Dow Jones Industrial Average dropped 715 points to reach 41,583 points, a decrease of 1.69%. Similarly, the technology-heavy Nasdaq index fell by 481 points, reaching 17,323 points, a decline of 2.70%.



The S&P 500 index also dropped by 112 points, reaching 5,581 points, with a decrease of 1.97%.

Meanwhile, U.S. crude oil (West Texas) price stabilized at $69.13 per barrel.