More losses are hitting Wall Street at the close of a brutal week, and U.S. stocks have erased earlier gains to fall after a nervously anticipated economic report came in close to expectations. The S&P 500 was down 1% in midday trading after erasing an early gain of 0.

U.S. stock futures fell Sunday, as President Donald Trump offered little reassurance after the S&P 500 had its worst week since September.

U.S. equity futures tumbled in early Monday trading, while the dollar extended its weeks-long slump and Treasury bonds rallied, as investors extended their retreat from risky markets amid broadening concerns that President Donald Trump's tariff and government jobs cuts could tip the world's biggest economy into recession.

Wall Street is higher in late trading on Friday, but only after careening through another wild day. It's a fitting ending to a brutal week of scary swings dominated by worries about the U.S. economy and uncertainty about what President Donald Trump will do with tariffs.