What’s News in Markets: Tariffs Whipsaw, Gap’s Bump, Target Prices

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  Hey listeners, it's Saturday, March 8th.

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  I'm Francesca Fontana for the Wall Street Journal and this is what's news in markets,

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  Our look at the biggest stock moves of the week and the news that drove them.

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  Let's get to it.

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  Trade, trade, trade.

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  That was the big story in the stock market as investors

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  and portfolio managers grappled with fears about US Economic performance

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  amid a ton of policy uncertainty.

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  Don't worry if you missed the latest on all the rapid fire.

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  Tariff UPD will run through those in a bit.

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  On a broader level, we've been seeing US Consumer confidence slipping on fears of rising prices,

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  which was a thread we saw in some of the retail movers this week.

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  I'll come back to those in a minute too.

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  Then of course,

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  there was Thursday's big sell off with chip stocks in particular getting hammered

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  as investors searched through AI chip makers results looking for the next big thing,

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  the next Nvidia, if you will.

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  And while the indexes managed to end Friday in the black, they each notched losses for the week.

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  The Dow fell more than 2%, the S&P lost more than 3% and the Nasdaq fell about 3.5%.

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  First up, let's set our target on Target, the red bullseye, the American retail giant.

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