U.S. stocks slumped as worries flared again on Wall Street about tariffs and inflation. The S&P 500 fell 0.9% Friday and wiped out what had been a modest gain for the week. The Dow Jones Industrial Average sank 1%,

The losses on Friday resulted in the major indexes closing the week in negative territory. The Dow snapped a three-week winning streak, ending 0.54% lower. The S&P 500 declined 0.24%, and the Nasdaq fell 0.

Looking ahead, IDC estimates AI platform sales will increase at 40% annually to reach $153 billion by 2028. Palantir currently ranks second behind Microsoft in revenue share, but the company is growing like wildfire. Dan Ives recently told Yahoo Finance that no other company has a product comparable to AIP.

Global shares are trading mostly higher after a Wall Street rally that followed profit reports from major companies.

Wall Street is mixed in light trading early as anxiety dissipated somewhat after President Donald Trump agreed to a 30-day pause on his tariff threats against Mexico and Canada. Trump’s

Shown below are year-end targets for the S&P 500 in 2025 set by various Wall Street banks and research firms. The chart also shows the implied upside or downside from the index's current level of 6,039. The list is by no means comprehensive, but most analysts expect the S&P 500 to move higher.

Some calm is returning to Wall Street, and U.S. stock indexes are making only modest moves after much of Europe and Asia rose earlier in the day.

US stocks mostly gain early Thursday as investors weigh earnings reports. Amazon results are due after the close and monthly jobs on Friday.