S mall caps and blue chips lagged a generally down market Friday as the Russell 2000 and Dow Jones Industrial Average were responsible for most of the selling. Meanwhile the Nasdaq and S&P 500 tried to limit losses as Nvidia NVDA and Palantir PLTR continued to attract buyers on the stock market today.

Dow will shut down three upstream plants in Europe and cut around 800 jobs in response to structural challenges in the region, the chemicals company said on Monday, sending its shares down 2.5% in morning trade.

Dow Jones futures will open Sunday evening, along with S&P 500 futures and Nasdaq futures. President Donald Trump announced Saturday that he'll impose 30% tariffs on the European Union and Mexico, with overall Trump tariffs set to top April 2 Liberation Day levels.

The stock market pulled back from record levels during a sleepy Friday session, as a gauntlet of key earnings and inflation reports loomed. The Dow Jones Industrial Average dropped 279 points, or 0.6%.

The Dow Jones Industrial Average remained lower Friday afternoon, while the Nasdaq Composite flipped green. Traders were practicing caution amid concerns over potential further tariff announcements during the weekend,

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Verizon has the lowest share price among the Dow's 30 components -- and that's a dangerous place to be in a share price-weighted index.

Stocks closed down significantly on Monday after President Donald Trump announced steep tariffs on Japan, South Korea and other nations, set to take effect on Aug. 1.

Dow announces strategic shutdown of three European facilities, impacting 800 jobs and optimizing regional chemical manufacturing capacity in a major restructuring effort.

Wall Street is coming off a holiday-shortened week during which the S&P 500 and Nasdaq Composite posted fresh all-time highs.