Wall Street opened sharply lower on Friday as new U.S. tariffs on dozens of trading partners and Amazon's unimpressive earnings weighed on sentiment, while a weaker payrolls report added to risk aversion.

Friday in the immediate aftermath of sweeping new tariffs issued by President Donald Trump. A weak jobs report intensified the selloff, as a downward revision of prior estimates indicated a hiring slowdown had begun in May as initial tariffs took hold.