Wall Street shrugs at widely expected Supreme Court tariff ruling

Wall Street is keeping calm Friday after the Supreme Court struck down President Donald Trump’s sweeping tariffs, which had triggered panic in financial markets when announced last year, and stocks are drifting in mixed trading.The S&P 500 was 0.1% higher in midday trading. It had been flipping between small gains and losses before the court’s ruling, following discouraging reports showing slowing growth for the U.S. economy and faster inflation.The Dow Jones Industrial Average was down 125 points, or 0.3%, ...