Stocks moved lower in early trading Friday as investors digested the latest threats from President Donald Trump to impose hefty tariffs on U.S. trading partners.

The stock market fell for the week but held near highs amid Trump tariffs. Inflation and earnings reports will be in focus. Google and AMD are near buy points.

The Dow, S&P 500 and Nasdaq retreat from record highs as President Trump rolled out a fresh tariff against Canada, following Brazil hit. Meanwhile, the Federal Reserve and Chairman Powell are under fire for spending on renovations.

Shares of Allegion PLC ALLE slipped 1.80% to $148.81 Friday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index SPX falling 0.33% to 6,259.75 and Dow Jones Industrial Average DJIA falling 0.

The Dow Jones index dropped Friday on tariff news. Nvidia-backed CoreWeave sank, Levi was a big mover on the stock market today.

From the technical point of view, NASDAQ needs to settle above the resistance at 22,850 – 22,900 to gain additional upside momentum in the near term. A move above the 22,900 level will open the way to the test of the 23,500 level.

This was the stock's third consecutive day of gains.

The Dow Jones Industrial Average gained ground as metal, cyclical and financial stocks kept a bullish profile. But data center stocks got stung.