Walmart finishes last among Dow Jones members on Friday as tariffs frustrate global supply chain

• Walmart ends Friday session down 3.1%.
• Executives are getting pushback from Chinese suppliers when asking for discounts.
• Trump paused most tariffs on Canada and Mexico this week but left in place those on China.
• NFP miss shows that labor market might be at outset of downturn.

The US stock market seesawed on Friday, pulling back in the morning session before advancing in the afternoon. The market continued its downward spiral at the release of US Nonfarm Payrolls (NFP) for February that came in below forecast but later recovered after a Federal Reserve (Fed) Governor seemed to be at ease with the labor market data.