Wall Street tumbled on Friday, extending its selloff in the wake of dour economic reports, closing the door on a holiday-shortened week fraught with new tariff threats and worries of softening consumer demand.

Wall Street is sliding toward losses in premarket trading after Walmart, the nation’s biggest retailer and a bellwether for the health of the American consumer, gave a disappointing 2025 forecast.

Collectively, Wall Street analysts have issued more than 12,000 individual ratings on stocks in the S&P 500. By aggregating the median fair value estimates on every company, FactSet Research builds what is known as a "bottom-up" target price for the entire index.