US stocks fell on Friday as investors reacted to the threat of more possible tariffs from the Trump administration while digesting a jump in consumer expectations for inflation and an overshadowed monthly jobs report.

A fresh look at the pace of inflation will test the U.S. stock market in the coming week, as investors worry that President Donald Trump's tariff plans are endangering Wall Street's hopes for interest rate cuts this year.

U.S. stocks turned lower in early Friday trading, while Treasury yields and the dollar held steady, as investors picked through a complicated January jobs report that could define market direction over the coming weeks.

U.S. stocks slumped Friday as worries flared again on Wall Street about tariffs and inflation. The S&P 500 fell 0.9% and erased what had been a modest gain for the week. It’s one of the worse drops for the index so far in the young year,

U.S. stocks slumped Friday amid worries about higher inflation and tariffs, while a closely watched report gave a mixed picture of the U.S. job market. The S&P 500 was down almost 1%, and the Dow Jones Industrial Average fell more than 400 points,