The Dow Jones index dropped Friday on tariff news. Nvidia-backed CoreWeave sank, two IPO names jumped on the stock market today.

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,

Stock index futures were close to the flatline Thursday with tariff moves continuing to dominate Wall Street in a week with few major economic indicators or earnings. S&P futures (SPX) and Nasdaq 100 futures (US100:IND) were little changed.

U.S. stock markets are poised to open lower on Friday as futures for the major indexes signal a retreat, with investors bracing for renewed trade tensions following two days of gains. The pullback comes in response to rising anxiety over President Donald Trump’s latest trade actions,

The S&P 500 and Nasdaq rose to highs even as Nvidia-backed CoreWeave dived, leading another tough day for growth stocks.

Caesars Entertainment Inc (NASDAQ:CZR) stock is near the bottom of the SPX, last seen down 4.3% to trade at $30.17. Shares are pulling back from yesterday's 6.5% gain -- the largest since May 12 -- as they struggle with overhead pressure at $32, which has been capping rallies since early March. So far in 2025, the casino stock has shed 9.7%.

Nvidia stock briefly topped a $4 trillion market cap with Nvidia chipmaker Taiwan Semi on tap. AI plays Astera Labs and Rubrik flashed buy signals.