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U.S. equities plunged again on trade war fears as China retaliated against U.S. tariffs.

The decision would complicate an uneven recovery for the U.S. IPO market, as the company's listing was seen as a potential catalyst for encouraging others to follow. Klarna could reassess its plans if market conditions stabilize, the people said. While hopes of a recovery were high in 2025, some of the new entrants to the IPO market have seen muted receptions.

(Bloomberg) -- Coffee futures fell for a third day as the market digested a wave of US tariffs against the world’s top producers.Most Read from BloombergHousing Agency Aims to Relocate Its DC HeadquartersMetro-North Is Faster Than Acela on NYC-New Haven Route After Signal UpdatesLocal Governments Vie for Fired Federal WorkersWhat Would ‘Transportation Abundance’ Look Like?London Clears Final Hurdle for More High-Speed Trains to EuropePrices have slumped, following the broader commodity index low

US stock futures slipped after President Trump's broad reciprocal tariffs sent markets into a tailspin.

Some studies of Sarepta Therapeutics' muscular dystrophy drug, Elevidys, have been halted by European regulators after a patient taking it died.

China announced retaliatory tariffs of 34% against the US on Wednesday, a move causing several US stocks to plunge, particularly those of firms with extensive ties to China.View on euronews

Retail investors bought $4.7 billion in stocks on Thursday, the highest level over the past decade, JPMorgan said in a note on Friday. The historic "buy-to-dip" move by retail investors included names such as Nvidia, Amazon and S&P exchange-traded funds, but they sold Tesla. Small-cap technology was one of individuals' favorite sector picks amid the meltdown, while institutional investors have increased their bets against the sector.