The Dow Jones Index plunged by over 1.80% on Friday as concerns about geopolitics emerged. Its crash mirrored that of other American indices like the S&P 500, Nasdaq 100, and the Russell 2000. This article explores the top 3 catalysts that will drive the Dow Jones and the US stocks this week.

Wholesale data showed milder inflationary pressures while Trump renewed his threat to impose "take it or leave it" tariffs on trading partners.

Chinese media outlet Xinhua reported Thursday that President Donald Trump and China President Xi Jinping held a phone call.

The Dow Jones Industrial Average was heading for a weekly loss in early-afternoon trading Friday, with stocks remaining weighed down by worries over Israel’s attack on Iran. The Dow’s 1% drop Friday had it on track to fall 0.

The University of Michigan’s closely watched Surveys of Consumers showed across-the-board rebounds from previously dour readings.

Stocks jumped Friday after the latest nonfarm payrolls data came in better than expected, easing concern the economy faces an imminent slowdown.

In the bond market, Treasury yields made significant gains. The yield on the 10-year Treasury rose to 4.51% from 4.39% late Thursday. The two-year Treasury yield, which more closely tracks traders’ expectations for what the Federal Reserve will do with overnight interest rates, rose to 4.04% from 3.92% late Thursday.

The consumer price index, a broad-based measure of goods and services across the sprawling U.S. economy, increased 0.1% for the month, putting the annual inflation rate at 2.4%. Economists surveyed by Dow Jones had been looking for respective readings of 0.2% and 2.4%.