S&P 500 Gains on Doubts Supreme Court Will Uphold Trump Tariffs
Barrons·2025-11-05 21:04
Group 1 - The S&P 500 index rose by 0.4% following indications from the Supreme Court that it may not uphold President Trump's tariffs [1][2] - The Dow Jones Industrial Average increased by 226 points, or 0.5%, while the Nasdaq Composite gained 0.7% [1] - The market rebound occurred after a selloff in technology stocks, driven by skepticism from multiple Trump-appointed justices regarding the legality of the tariffs imposed under the International Emergency Economic Powers Act [2]