Wall Street selloff raises worries about market downturn
Investor worries that Wall Street’s record stock rally would soon fizzle loomed large after tariffs re-emerged as a market risk. U.S. equity markets, fresh off midweek record highs, performed an about-face on Friday after President Donald Trump revived threats to hike tariffs against China, triggering worries that a possible tit-for-tat trade drama between the world’s…