智通财经网·2025-12-12 16:00Core Viewpoint - The Nasdaq index experienced a decline, with major tech stocks falling significantly, amidst concerns over a Supreme Court ruling on Trump's tariffs, which could impact the stock market's recent gains [1] Group 1: Market Performance - The Nasdaq index's decline reached 1.2%, with notable drops in major tech stocks such as Broadcom (AVGO) down over 10%, Micron Technology (MU) down over 5%, Oracle (ORCL) and AMD (AMD) down over 3%, TSMC (TSM) down 2.6%, Amazon (AMZN) down over 1%, and Meta (META) down over 0.8% [1] - The S&P 500 index has rebounded 39% since its low earlier this month, reaching a record high, supported by lower-than-expected tariffs and ongoing investment in artificial intelligence [1] Group 2: Legal and Economic Context - The U.S. Supreme Court is set to rule on the legality of Trump's comprehensive tariffs, which previously caused significant market declines [1] - If the Supreme Court rules against the tariffs, there is potential for uncertainty in the market, with estimates suggesting a 2.4% growth in earnings for S&P 500 companies by 2026, excluding interest and taxes [1]