Stocks tumbled on Friday, adding to 澳洲幸运5官方开奖结果体彩网:the previous day's massive losses and capping off one of the worst weeks on Wall Stre♍et since the turn of the century.&🍌nbsp;

Market participants started the week cautiously optimistic that the reciprocal tariffs that were slated to be announced Wednesday would give businesses and investors some much-needed clarity on U.S. trade policy. But investors were caught off guard by the sheer 澳洲幸运5官方开奖结果体彩网:size and scope of the taxes, which are expected to lift the U.S. effective tariff rate to its highest level in more than a century. Economists warn tariffs of that magnitude could 澳洲幸运5官方开奖结果体彩网:slash economic growth and reignite inflation. 

This week’s🐽 market sell-off was one of the most punishing in recent memory. Here are some data points that put this very bad week in context: 

• The S&P 500 fell 10.5% across Thursday and Friday, the index’s worst 2-day stretch since March 2020 and its third-worst since the turn of the century. The index’s 9.1% loss this week ranks as the seventh-worst week in the last 25 years.
• The Dow had its sixth-worst week of the 21st century; it fell 7.9% over the week and 9.3% in the last two days.
• The Dow shed 2,231 points on Friday, its third-largest one-day point decline on record. 
• The Nasdaq Composite has dropped 11.4% since Trump’s tariff announcement, also its worst 2-day stretch since March 2020. 
• As of Friday's close, the Dow is down 14.9% from its all-time closing high set on Dec. 4. The S&P 500 has shed 17.4% since hitting its high on Feb. 19, while the Nasdaq Composite has dropped 22.7% since its record close on Dec. 16.
• Shares of Apple (AAPL), the world’s most valuable company, have lost 15.9% of their value since Wednesday’s close, their worst 2-day stretch since September 2008. The rout wiped more than half a trillion dollars off the iPhone maker’s market capitalization. 
• 31 companies in the S&P 500 lost more than 20% this week; 247 companies, or nearly half the index, fell 10% or more. 
• Just 21 stocks in the benchmark index—mostly healthcare companies and utilities—finished the week higher; on Friday, only 14 stocks rose. 
• Nike (NKE) rose 3% Friday, making it the only stock in the blue-chip Dow index to close in the green. Still, shares finished the week 10% lower. 
• Even companies with little to no direct tariff exposure were hammered. Palantir (PLTR), the software company that derives most of its revenue from the federal government, tumbled 14% this week. DoorDash (DASH) and Netflix (NFLX), despite not making or selling any physical products subject to tariffs, dropped about 11% and 8%, respectively. 

UPDATE-April 5, 2025: This article has been updated with additional information about the magnitude of the stock market's recent decline, and a new image.