U .S. stocks closed markedly lower on Friday, a day after President Donald Trump signed an executive order slapping new tariffs on dozens of countries. A weak jobs report worsened investor jitters, revealing a slowdown of hiring over recent months as Trump's previous tariffs took hold.

Also: A bipartisan plan to expand the home supply, an investment income strategy that lowers risk and advice from the Moneyist.

What is good for the Magnificent Seven names is not necessarily good for the rest of the equity market,” one strategist said, as stocks suffered their worst week since May.