The Dow Jones Industrial Average and other major stock futures pared earlier losses in premarket action Thursday as cooler-than-expected inflation data helped offset President Donald Trump's threats of more tariffs on European nations.

U.S. stocks tumbled on Friday as businesses and consumers expressed growing concerns over the impact of tariffs on the economy. The Dow Jones Industrial Average plunged nearly 750 points, while the S&P 500 and Nasdaq composite also experienced significant losses.