U .S. stocks tumbled in early trading on Friday, just hours after President Donald Trump signed an executive order slapping new tariffs on dozens of countries. A weak jobs report worsened investor jitters, revealing a slowdown of hiring over recent months as Trump's previous tariffs took hold.

Stocks fell sharply Friday as investors responded to President Donald Trump's latest moves on tariffs and an employment report that showed a significant slowing in the labor market.

What is good for the Magnificent Seven names is not necessarily good for the rest of the equity market,” one strategist said, as stocks suffered their worst week since May.