This past week has been strong for the U.S. Dollar Index DXY — its best since October 2022, in fact. It’s a far cry from the first half of this year, when the index lost almost 11% — the worst first-half return on record since the index was created in the early 1970s.

President Donald Trump's updated tariffs and a weaker-than-expected jobs report are hitting US indexes. The S&P 500 headed for its third losing day.