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.

The latest consumer sentiment data showed near-term inflation expectations rose to their highest level since November 2023.

The losses on Friday resulted in the major indexes closing the week in negative territory. The Dow snapped a three-week winning streak, ending 0.54% lower. The S&P 500 declined 0.24%, and the Nasdaq fell 0.

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 are falling Friday after a discouraging report suggested U.S. consumers are bracing for much higher inflation, while a separate update gave a mixed picture of the U.S. job market.