A fresh look at the pace of inflation will test the U.S. stock market in the coming week, as investors worry that President Donald Trump's tariff plans are endangering Wall Street's hopes for interest rate cuts this year.

U.S. stocks slumped as worries flared again on Wall Street about tariffs and inflation. The S&P 500 fell 0.9% Friday and wiped out what had been a modest gain for the week. The Dow Jones Industrial Average sank 1%,

The losses on Friday resulted in the major indexes closing the week in negative territory. The Dow snapped a three-week winning streak, ending 0.54% lower. The S&P 500 declined 0.24%, and the Nasdaq fell 0.