The S&P’s 9% loss since last Friday makes this stocks’ worst week since March 2020 and the fifth-worst week of the last 20 years, trailing only losses sustained in October 2008 and early 2020.

The stock market ended a turbulent week with huge declines Friday with the Nasdaq Composite entering a bear market amid fallout from President Donald Trump's new tariffs on most nations worldwide.

WEST PALM BEACH, Fla. (AP) — Two days after sending the global economy reeling by announcing tariffs on foreign imports, President Donald Trump insisted his trade policies will “NEVER CHANGE” as he remained ensconced in a bubble of wealth and power in Florida.