The Dow, S&P 500, and Nasdaq are falling sharply as the stock market reacts to President Donald Trump's latest tariffs announcement and a weak July jobs report.

U.S. stock futures are lower, ahead of the key monthly jobs report and as Trump signed an order imposing sweeping new tariffs on countries across the world.

Markets are assessing the reshaped US trade landscape after Trump on Thursday laid out steep new tariffs for dozens of countries.

The suprisingly weak hiring numbers led investors to step up their expectations for an interest rate cut in September.

Futures for the Dow Jones Industrial Average and other major stock indexes fell sharply Friday in the face of plans by President Donald Trump to impose new tariffs alongside the government's ...