Investors are digesting Trump's stiff tariffs on imports from more than a dozen countries and delayed the return of sweeping April levies.

The Dow held up slightly better than the S&P 500 and Nasdaq composite, after the latter two closed at record highs Thursday. Blue chips on the Dow pulled back 0.5% in recent action. The 30-stock index sits just below the 45,000 level after three rising weeks and was nearing its record high.