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%,

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

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

Wall Street drifted higher Wednesday as gains for most stocks outweighed drops for Alphabet and some other big-name companies following their latest profit reports. The S&P 500 rose 0.4% following mixed trading across European and Asian markets.

U.S. stock indexes are holding relatively steady on Friday following a mixed report on the U.S. job market that analysts said may not change much for financial markets.