Stocks Settle Higher as SCOTUS Rejects President Trump’s Tariffs
Yahoo Finance·2026-02-20 21:33
US Q4 GDP rose +1.4% (q/q annualized), weaker than expectations of +2.8%. The Q4 core PCE price index rose +2.7%, stronger than expectations of +2.6%.Geopolitical risks are bearish for stocks. President Trump on Thursday ramped up pressure on Iran to strike a deal over its nuclear program, saying he thought 10 to 15 days was “pretty much” the “maximum” he would allow for negotiations to continue, and “We’re either going to get a deal, or it’s going to be unfortunate for them.”Stocks initially moved lower on ...