Nasdaq leads Wall Street higher as Supreme Court rules Trump's tariffs are unlawful

Economic Growth and Inflation - The US economy expanded at an annualized rate of 1.4% in Q4 2025, significantly below the forecasted 2.9% [1][2] - For the full year of 2025, the US economy grew by 2.2%, a decrease from 2.8% in 2024 [2] - Consumer prices increased by 0.4% in December, marking the largest monthly gain since February 2025, with a year-over-year increase of 2.9% [3][4] Core Inflation - Core prices, excluding food and energy, also rose by 0.4% in December, up from 0.2% in November, with a year-over-year increase of 3% [4] Market Reactions - US stock futures showed a negative trend, with contracts on the Nasdaq down 0.2%, reflecting ongoing concerns over US-Iran tensions and awaiting economic data [5] - The Dow Jones and S&P 500 also closed lower on Thursday, with declines of 0.5% and 0.3% respectively [5][6] Future Expectations - Investors are looking for clarity from upcoming GDP figures and the Personal Consumption Expenditures (PCE) index, which may influence Federal Reserve interest rate decisions [7]