On Friday, US stocks experienced a decline as investors considered conflicting statements from the Federal Reserve and grappled with the potential consequences of additional tariffs imposed by President Trump on April 2.

The Dow Jones Industrial Average (^DJI) decreased by 0.9%, the S&P 500 (^GSPC) by 0.8%, and the Nasdaq Composite (^IXIC) by approximately 1%.

Both the S&P 500 and Nasdaq, which have moved into correction territory in a challenging beginning to 2025, are striving to end four consecutive weeks of losses.

Initially, there were gains after Wall Street's positive reaction to the Fed's decision earlier in the week, prompted by the central bank's intention to implement two more rate cuts in the year and reassurances by Chair Jerome Powell that the impact of Trump's trade conflict appears manageable, with low risks of recession.

However, by Thursday, concerns emerged within the market regarding the impact of the Fed's decision, resulting in a downturn in stocks. The central bank's updated projections indicating increased inflation and decreased economic growth have sparked unease in the market as additional tariffs loom.

The upcoming important deadline for Trump's trade policy is less than two weeks away. Trump retains broad authority to negotiate with other countries until then, intensifying concerns among investors that despite some assurances this week, more uncertainty lies ahead. On social media, Trump promoted what he called "Liberation Day."

Some companies are already feeling the effects of these developments. FedEx (FDX) and Nike (NKE) stocks saw a sharp decline early Friday due to fresh worries over tariffs and economic instability. FedEx shares fell after the company lowered its fiscal 2025 forecast, fueling concerns about a potential slowdown in industrial demand.