Wall st falls as Trump tariff threats the uncertainty of the market

* Indexes down: Dow 0.31%, S&P 500 0.39%, Nasdaq 0.71% * Trump announces 25% rates on iPhones not made in the US * Wall Street’s ‘Fear Gauge’ spikes until more than two weeks high by Chibuike Oguh New York, US shares on Friday, Donald Trump recommended. A new front in global trading tension and a fresh wave of market uncertainty unleashed. All three most important Wall Street indices imposed early losses, but each one still intended to shed over 2% for the week. Technology and discretionary shares in consumers were the largest losers of the 11 -sub -sectors of the S&P 500. Aid programs and supplies for consumer staples. Apple touched a two -week low and fell by 2.8% after Trump warned the iPhone maker, which could be a possible 25% tariffs on telephones sold to US customers but not manufactured in the country. Treasury yields relieved from the peak of a month, and dropped 4.4 basis points to 4.509% for the benchmark of the US 10 years. “If I were to place a heading on today’s story, it would be ‘here we go again! ” Says James St. Aubin, investment officer at Ocean Park Asset Management in Santa Monica, California. “It is Trump that turns the temperature on the tariff conversation with the EU and Apple. The markets hoped that the worst was behind us when it came to the tariff rhetoric. But in reality there are some smoldering cables when it comes to the tariff conversation,” St. Aubin added. At 14:48 ET dropped the Dow Jones industrial average 129.67 points, or 0.31%, to 41,729,42. The S&P 500 lost 22.83 points, or 0.39%, at 5,819.18 and the Nasdaq composition dropped 134.01 points, or 0.71%, to 18,791,72. US Treasury Secretary Scott Besent said Trump does not believe that the EU’s adequate quality trade offers. He also said he hoped that the threat of fresh rates would “light a fire under the EU” in negotiations. Most megacap and growth stocks have fallen. Amazon fell 0.45%, while Nvidia fell 0.48%. The CBOE volatility index, Wall Street’s ‘Fear Gauge’, reached a high of more than two weeks and rose 7% at 21.68 points. Semiconductor supplies have dropped more than 1%. Deckers Outdoor has dropped almost 20% after the UGG Boots manufacturer predicted the first quarter-net sales of the estimates and said it would not deliver annual targets. Sports clothes manufacturer Nike fell 2.2%. Diminishing issues had the lead on the NYSE with a 1.19-to-1 ratio on the NYSE. There were 75 new highs and 61 new lows on the NYSE. The S&P 500 scored five new highlights of 52 weeks and eight new lows, while the Nasdaq compost recorded 37 new highs and 92 new lows. This article was generated from an automated news agency feed without edits to text.