From MSNBC.

Watch live as U.S. markets continue to react to President Trump’s sweeping new tariffs. U.S. stock futures fell even further Friday morning after China announced it would retaliate against Trump’s massive tariffs with a 34% duty on American products. S&P 500 and Nasdaq futures fell more than 2%, while Dow futures pointed to another 1,000-point drop of around 2.5%. On Thursday, Major U.S. stock indexes had their worst one-day losses since the onset of the pandemic. The S&P 500, the Nasdaq and the Dow Jones Industrial Average all dropped by between 4% and 6%.

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LIVE: Markets slide reacting to Trump’s tariffs after stocks suffer worst day since 2020