Sixty seven degrees in Boston. It is four o'clock on Friday afternoon. Good to be with you as we try to get into the weekend. Here I'm Nicole Davis, and here's what's happening. It is closing time on Wall Street. A bit of mercy, thankfully for markets that have been struggling for two days now, all thanks to the tariff announcement and much more. Let's get the rundown from Tracy Jonkie. She's over Bloomberg Business. Tracy, how did everything shake out today?
Not well, Nicole. The Dow dropped two thousand and two thirty one, the Nasdaq down nine hundred and sixty three, SMBs down three twenty two. The numbers are still settling, but this is pretty close to what will get in the end. Only two days have been worse for the Dow in its history as far as the point losses go. Both days were five years ago, right at the beginning of the COVID pandemic, shutdowns and mass layoffs. And here
come the bears. The Nasdaq is now officially in a bear market, which means it has tumbled more than twenty percent since its most recent record.
Hi, Nicole, all right, Tracy. As those numbers shake out, We'll come right back to you at four oh eight in Bloomberg Business for more information. But yes, a rough day on the markets. We will keep an eye on that throughout the next couple of weeks here on WBZ. See if things can turn around. I mean Tom at four Old one. Developing news this afternoon, a federal judge has moved the case of a Tough's University doctoral student from Louisiana to Vermont. Whe wbz's Brook Macarthy.
O Mesa oz Turk was detained by immigration authorities while walking down the street in Somerville last week. Videos of this sparking outrage, following that she was brought to New Hampshire than Vermont, in finally Louisiana, where she is being held at an immigration facility. Now, a federal judge in Boston has ordered that her case be moved from Louisiana to Vermont because that is where she was being held
at the time her lawyers filed the petition seeking her release. However, oz Turk's lawyers argued that her case should be handled in Massachuse, while government attorneys disagreed. The judge says Osturch's subsequent hearings will take place in Vermont in an order still stands preventing the government from deporting her Burke McCarthy WBZ, Boston's news radio.
Attorney General Andrea Campbell now suing the Trump administration over its efforts to dismantle agencies funding public libraries and museums. The Institute of Museum and Library Services had to place nearly its entire staff on leave after one of President Trump's most recent executive orders. Other targeted agencies provide support
for minority owned businesses. Campbell and other attorneys general around the country are asking a court to block the actions and TikTok will continue to operate in the United States. President Trump today says he is giving it another extension.
President Trump is signed in executive order to give TikTok another seventy five days to operate in the US. In a post on truth Social the President said there has been progress in negotiating a deal with the social media platform, but more time is needed to finalize it. Citing national
security concerns. Congress and mandated TikTok be divested from Chinese ownership by January nineteenth, or it would have been barred in the US, but since then it has been operating on a presidential extension which was to have run out this weekend.
And that is CBS's Linda Kenyon with that update. For the rest of the afternoon into the evening, it should be absolutely gorgeous outside. We are seeing a lovely spring day today and for tonight if you've got plans, no concerns here. It's going to be partly cloudy, getting down to about forty, but through the overnight hours we'll start to notice it turning a bit cooler and more clouds moving in. Because tomorrow for your start to the weekend,
it's going to be gray and raw and wet. We've got rain and drizzle at times, and high only in the mid forties. Rain sticks around Tomorrow night, a low in the upper thirties, again very raw, and then Sunday mostly cloudy, a few showers stick around, and high in the mid to upper fifties. Our times right now sixty eight in Franklin, seeing sixty seven in Westford, sixty four in Rockport, and in Boston at four oh six partly
cloudy and sixty nine. Home opener underway right now at Fenway Park, Saint Louis Cardinals here at Fenway taking on the Red Sox. What a great day for baseball. W bz's Drew mo'holland has more on why opening Day so special.
What a day this is today, the team honoring the nineteen seventy five American League champions who fell just short in what's considered by many one of the greatest World Series ever played. First the reds Here you go, kids, the late great Louis Tiant being honored today. Such a big part of that team.
Goodness.
Thank In the fourth game of this World Series, as Louis Tian is mob by his teammates, dwain Tonight ensures that it will go back to Fenway Park.
And did it ever the long five?
If it stays fair, hold on, we will have a seventh game and it's nineteen seventy.
Five World Series.
The game six win, Carlton fisk Off. The foul pole still gives you chills, doesn't it. Nobody does these things better than the Red Sox. A great day at Fenway Park, Drew moholland, WBZ Boston's News Radio.
Bottom of the six right now, Red Sox up over Saint Louis eight to five will check him with Brian Antonelli coming up in sports in the news at four twelve. Meantime, when it comes to education, the state's congressional delegation and Governor Mori Healy teaming up in a new letter to the Trump administration, saying the clawback of millions in education funding for public schools is quote harmful and incredibly frustrating
to local students, families, educators, and district leaders. In a new letter, they say the about face on the funding is quote an insult to the hardworking educator's, school staff, and public officials around the state dedicated to providing students the best possible opportunity. This comes days after the Education Department rolled back more than one hundred million dollars in
COVID RELYEF funds for base state schools. These days, it is hard to imagine a world without Microsoft, But it was fifty years ago today when it was just an idea first coming to life.
High school buddies Bill Gates and Paul Allen called their company Microsoft, short for micro computer Software. They went on to develop the ms DOS operating system for IBMPC compatible personal computers. Then came Windows, a game changer that turned Gates into one of the richest people in the world. Their goal from the beginning was to put a computer on every desk and in every home. They did that and much more. Christopher Cruz, CBS News four.
Eight Time for Bloomberg Business. All right, the numbers are in. We're done for the week, Tracy Jonky at Bloomberg Business. And my goodness, I'm not going to look at my four to one k for a while.
Yeah.
Maybe I don't know. Cover your ears or take a deep breath, la la, but I'm going to tell you. I'm going to tell you anyway. Oh, that is down for the day, two thousand, two hundred and thirty one points.
That hurts.
The Nasdaq is down nine sixty three, the SMP down three twenty two. Wall Street could just see thousands of ways that Trump tariffs could backfire on US companies and the economy, and they saw very few escape routes. Out of the five hundred companies that make up the S and P five hundred, only fourteen ended higher. Nike, for one rallied after President Trump said he had a productive called with Vietnam, which faces some of the highest tariffs
and it manufactures half of Nike's product lines. I'm Tracy john Kie Bloomberg Business.
You are now in Malu. For news updates throughout the day, and listen to w b Z News Radio on the iHeartRadio app. I'm Nicole Davis. Wb Z and Boston's News Radio