S mall caps and blue chips lagged a generally down market Friday as the Russell 2000 and Dow Jones Industrial Average were responsible for most of the selling. Meanwhile the Nasdaq and S&P 500 tried to limit losses as Nvidia NVDA and Palantir PLTR continued to attract buyers on the stock market today.

Shares of hardware products and merchandising solutions provider Hillman (NASDAQ:HLMN) fell 3.6% in the afternoon session after the U.S. announced a new 35% tariff on all goods imported from Canada, set to begin on August 1.

Futures on Wall Street have tanked in the early hours of Friday morning Indian time, after US President Donald Trump teased a 'major statement' he intends to make on Russia on Monday. The Dow futures are down over 200 points,

Investors continued piling into risk assets while shrugging off worries around the latest in trade developments.

S&P futures contracts dropped by 0.6% due to news of blanket tariffs of 15%-20% being considered by President Donald Trump on most trading partners, a significant jump from the current global baseline minimum rate of 10%.

Alcon Inc.’s ALC UNITY Vitreoretinal Cataract System (“VCS”) has recently received approval from Health Canada. UNITY VCS is the latest innovation from the Alcon Vision Suite — a portfolio of innovative products designed to help eye care professionals increase efficiency and deliver exceptional patient experiences.

US stocks close the day and week lower after Trump slaps Canada with a 35% tariff, escalating tensions. Bitcoin hit a new record high for a third day.