Group 1 - The U.S. Supreme Court ruled 6-3 against Trump's global tariffs, which were enacted under a federal law for national emergencies, leading to a proposed 10% global tariff for 150 days to replace the struck-down duties [1][10] - Major companies such as Alphabet, Amazon, and Apple saw stock increases of 3.7%, 2.6%, and 1.5% respectively, indicating a positive market reaction to the tariff ruling [2][10] - Shares of U.S. toymaker Hasbro, online furniture retailer Wayfair, and luxury furniture retailer RH gained between 0.5% and 2.3%, reflecting relief among companies affected by tariffs [3][10] Group 2 - The S&P 500 index rose 0.69% to 6,909.51 points, while the Nasdaq and Dow Jones increased by 0.90% to 22,886.07 points and 0.47% to 49,625.97 points respectively [5][6][10] - Nine of the 11 S&P 500 sector indexes rose, with communication services leading at a 2.65% increase, followed by a 1.27% gain in consumer discretionary [6][10] - The S&P 500 posted 34 new highs and 7 new lows, while the Nasdaq recorded 81 new highs and 153 new lows, indicating a mixed performance in the market [8][10] Group 3 - U.S. economic growth slowed more than expected in the fourth quarter, and inflation picked up in December, influencing market sentiment [7][10] - Concerns about AI technology's impact on various industries, including software and logistics, have led to stock volatility, exemplified by Akamai Technologies' 14% slump after a profit forecast below estimates [8][10] - Volume on U.S. exchanges was relatively light, with 18.3 billion shares traded, compared to an average of 20.3 billion shares over the previous 20 sessions [9][10]
US Market | US stocks end higher after Supreme Court rules against Trump tariffs