The Dow Jones index dropped Friday on tariff news. Nvidia-backed CoreWeave sank, Levi was a big mover on the stock market today.

Stocks moved lower in early trading Friday as investors digested the latest threats from President Donald Trump to impose hefty tariffs on U.S. trading partners.

Shares of CrowdStrike Holdings Inc. Cl A slipped 5.14% to $487.11 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.27% to 6,280.

From the technical point of view, NASDAQ needs to settle above the resistance at 22,850 – 22,900 to gain additional upside momentum in the near term. A move above the 22,900 level will open the way to the test of the 23,500 level.

The Dow Jones Industrial Average gained ground as metal, cyclical and financial stocks kept a bullish profile. But datacenter stocks got stung.

The stock's fall snapped a two-day winning streak.

Wall Street looked to keep momentum from a tech-fueled rally that saw Nvidia leap to become the world's first $4 trillion public company.