US stock market in trouble today: Dow, S&P 500, Nasdaq slide after record highs — inflation heats up, Trump tariffs rattle stocks ahead of volatile September

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US stock market slipped Friday, with the Dow down 202 points, the S&P 500 off 0.8%, and the Nasdaq losing 1.3%, as inflation ticked higher and Trumps tariff worries clouded Septembers outlook after record highs.