President Donald Trump's updated tariffs and a weaker-than-expected jobs report are hitting US indexes. The S&P 500 headed for its third losing day.

Live Updates Live Coverage Updates appear automatically as they are published. Moderna Still Sickly 9:49 am In further earnings news, Covid-19 hero and S&P 500 component Moderna (Nasdaq: MRNA) reported fewer losses than anticipated this morning.

U.S. stocks slumped on Friday, with the S&P on track for its biggest daily percentage decline in more than three months as new U.S. tariffs on dozens of trading partners and a surprisingly weak jobs report spurred selling pressure.