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Wall Street Live: Nasdaq, S&P 500, Dow Slump After Weak Jobs Data; Amazon Tanks 7%, Nvidia Dips 3%, Tesla Falls 2.6%

UNITED STATES, JUL 31 – Markets fell with the Dow down 330 points amid tariff tensions and inflation above the Federal Reserve target, raising concerns about economic growth and global trade disruptions.

  • On July 31, the Dow experienced a 0.74% decrease, while the S&P 500 and Nasdaq slipped by 0.37% and 0.03%, respectively, as the market faced widespread declines.
  • This decline followed weak US jobs data showing just 73,000 new positions added in July and the pending tariffs set to take effect on August 1.
  • Investor anxiety increased as Amazon shares dropped 7% despite a 35% surge in profits, while gains from Microsoft and Meta failed to offset overall market weakness.
  • The S&P 500 fell to 6,231.49 and the Nasdaq dropped to 20,644.16, while yields on US Treasury securities declined sharply. Meanwhile, spot gold rose nearly 2% to reach $3,351.61 an ounce amid growing expectations of a Federal Reserve interest rate reduction.
  • The market slide highlights ongoing trade tensions and economic uncertainty that continue to weigh on sentiment despite some strong corporate earnings reports.
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US shares plummeted on Friday after President Trump officially applied generalized tariff increases to virtually all U.S. trading partners. In addition, a June employment report showed signs of slowdown in the labor market.The Dow Jones Industrial Average (^DJI) fell by about 1.4%, losing almost 600 points. Meanwhile, the S&P 500 (^GSPC) declined by about 1.5%, and both indices are headed to weekly losses exceeding 2.5%. The Nasdaq Composite (^I…

New York, USA.- US actions plummeted this Friday, with S&P and Nasdaq suffering their biggest daily percentage drop in more than three months, due to Washington’s new tariffs on dozens of trading partners and a surprisingly weak employment report driving sales pressure. While the actions began the day with losses, they were accentuated after the announcement of dismissal of the head of the Bureau of Labor Statistics (BLS), to which President Tru…

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Barchart.com broke the news in on Thursday, July 31, 2025.
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