Lower-than-expected earnings at top tech firms spurred fresh turmoil in the U.S. stock markets on Friday after a tumultuous week that wiped out nearly all the gains made since the start of the year.
Earlier in the week, iconic manufacturers from Ford Motor Co. to Caterpillar explained how President Trump’s import tariffs are hindering their performance, and higher fuel prices in the wake of the administration’s exit from the Iranian nuclear accord have dragged airline earnings down.
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