U.S. stocks are falling sharply Friday after reports showed worries about President Donald Trump’s policies may be hitting the U.S. economy. The S&P 500 was down 1.7% in late trading and heading toward its worst day in two months.

A sharp slide for Walmart on Thursday helped pull Wall Street off of its record. The Standard & Poor's 500 slipped 0.4% for its first drop after setting all-time highs in each of the last two days. The Dow Jones industrial average lost 1%,