尾盘：特朗普关税被驳回后美股走高

Core Viewpoint - The U.S. economy showed a disappointing growth rate of 1.4% in Q4, significantly below market expectations, while inflation remains high, complicating the Federal Reserve's interest rate decisions [2][3][4]. Economic Data - The Dow Jones increased by 124.19 points (0.25%) to 49,519.35, the Nasdaq rose by 170.66 points (0.75%) to 22,853.39, and the S&P 500 gained 37.57 points (0.55%) to 6,899.46 [3][11]. - The annualized GDP growth rate for Q4 was reported at 1.4%, compared to an expected 2.5% and a previous quarter's growth of 4.4% [3][11]. - The core Personal Consumption Expenditures (PCE) price index rose by 3% in December, aligning with market expectations but remaining above the Federal Reserve's 2% target [6][12]. Federal Reserve Insights - There is a division among Federal Reserve policymakers, with some focusing on labor market support while others prioritize inflation concerns [7][12]. - The overall trend in price increases is declining, yet the inflation rate still exceeds the central bank's target [12]. Trade Policy Developments - The U.S. Supreme Court rejected former President Trump's global tariff policy, marking a significant legal setback for him [7][12]. - Following the court's decision, Trump announced plans to impose a 10% global tariff based on different legal authority, while maintaining existing national security tariffs [13][14].