Nasdaq Dips 5%; NeuroOne Medical Technologies Shares Plummet

U.S. stocks traded lower midway through trading, with the Dow Jones index dipping more than 1,100 points on Friday. Beijing unveiled a retaliatory 34% tariff on U.S. goods—mirroring the rate announced by President Donald Trump on Wednesday—deepening fears of a full-blown trade war.

The Dow traded down 4.03% to 38,909.97 while the NASDAQ fell 4.94% to 15,733.18. The S&P 500 also fell, dropping, 4.79% to 5,138.01.

Check This Out: Top 3 Financial Stocks That May Fall Off A Cliff In April

Leading and Lagging SectorsReal estate shares fell by just 2.9% on Friday.

In trading on Friday, energy shares tumbled by 7.3%.

Top Headline

In March, nonfarm payrolls surged by 228,000, the Bureau of Labor Statistics reported Friday. The outcome is well above the three-month average of 195,000 and topped economists’ forecasts of 135,000. February's employment ...