Wall Street’s main indexes slumped on Friday, as fresh data highlighted an uptick in underlying price pressures that surpassed expectations, igniting concerns that the Trump administration’s tariff strategies might further fan the flames of inflation.

The major indexes added to Monday's rally, as Tesla kept running. . Core capital goods orders may show Trump tariffs impact.

Another wipeout slammed Wall Street as worries built about a potentially toxic mix of worsening inflation and a U.S. economy slowing because of households afraid to spend due to the global trade war.

President Donald Trump's major tariffs against Canada and Mexico are scheduled to take effect in less than a week, and a new tariff against foreign cars is also in play as well.

The dollar was mixed on Thursday as traders mulled how severe tariffs scheduled to be revealed by U.S. President Donald Trump next week are likely to be, while the Canadian dollar and Mexican peso weakened after Trump announced auto trade levies.

U.S. stocks are drifting following discouraging updates on inflation and how much U.S. households may be willing to spend.