Inside the White House with D.C.'s most wired reporter. Sign up for Mike Allen's Axios AM.

Stories

Stocks take another plunge

Stock trader with hands over his face.
Photo by Spencer Platt/Getty Images

The Dow Jones Industrial Average lost 2.24%, or 559 points, after a weaker-than-expected jobs report and continuing trade tensions between the U.S. and China. Both the Dow and S&P 500 are now down for 2018, while the Nasdaq is up just under 1%.

The big picture: A week that began with optimism about trade ended lower due, in part, to pessimism about trade.