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Hey, listeners, it's Saturday, February 8th.

I'm Francesca Fontana for the Wall Street Journal,

and this is What's News and Markets, our look at the biggest stock moves of the week and the news

that drove them. Let's get to it. Welcome back. Happy February. The stock market had a totally

mellow, lazy start to the month. I'm kidding. We had trade drama, thanks to Trump

tariffs, and another spate of earnings reports. We can talk about some of the winners and losers in

those later, because right now, we have a jobs report to unpack. The Fed's in wait and see

mode right now in terms of interest rate cuts, so it's watching key

indicators like the health of the labor market.

And this jobs report was a mixed bag.

The unemployment rate ticked down, but jobs grew by less than expected.

In any case, not a showstopper and not likely to jumpstart any rate cuts.

All three of the major indexes ended slightly lower this week.

The Dow and NASDAQ each lost about half a percent, while the SMP 500 fell about a quarter

of a percent.

So what stocks are the potential biggest losers of Trump's looming trade war?

Well, we got a sneak peek on Monday by looking at which we're reacting to the latest tariff moves from the White House.

In case you missed it, the U.S. struck last-minute deals with Mexico and Canada to delay new 25% tariffs, while proceeding with an

additional 10% tariff on China that went into effect Tuesday.

China hit back with retaliatory tariffs that will start on Monday.

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