Dow Jones, S&P 500, Nasdaq gains after Supreme Court tariff ruling: Stocks edged higher Friday after the Supreme Court ruled against US president Donald Trump’s sweeping tariffs, giving a lift to retailers and other companies that had struggled with rising import and manufacturing costs tied to the duties.Dow Jones Climbs After Supreme Court Tariff Ruling - DJIA Today Recovers From Early Losses After Economic Data MissThe Dow Jones Industrial Average rose 93.81 points, or 0.2%, recovering from an earlier 20 ...

We are getting some more reaction from Washington, D. C. Schumer saying that the tariff ruling is a victory for consumer wallets.There's also some reaction from the E.U. seeking clarity on the next steps. A spokesperson telling the Dow Jones news wire that they're in close contact with the U.S. administration. And Marie, I mean, there are still active in live negotiations going on, because everything that was really established, I guess, has been a framework at this point.Yeah, there are active negotiations ...

Business celebrates win over Trump tariffs, but refunds will take time | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]Item 1 of 2 A semi-truck drives past Chinese shipping containers at the Port of Los Angeles in Wilmington, California, U.S., November 5, 2025. REUTERS/Mike Blake/File Photo[1/2]A semi-truck drives past Chinese shipping containers at the Port of Los Angeles in Wilmington, California, U.S., November 5, 2025. REUTERS/ ...

A historic Supreme Court ruling invalidating President Donald Trump's sweeping global tariffs triggered a sharp rally across U.S. equities Friday, as investors cheered the removal of duties that had reshaped trade flows and markets for nearly a year.The decision, issued Friday, held that the International Emergency Economic Powers Act does not authorize the president to impose tariffs. Chief Justice John Roberts wrote that Article I of the Constitution grants Congress alone the power to levy duties and taxe ...

President Trump is the first to invoke the International Emergency Economic Powers Act of 1977 to set tariffs on imported goods from more than 100 countries. ...

John, does this ruling does it change anything in your outlook. Not at all. If if anything, when you get get an announcement like this, you've gotta consider that you you've got players on both sides of the trading floors essentially making decisions related to changing positions, repositioning, adding the positions.This this this will this has to be baked in and then considered what will actually happen. And as as you all mentioned, it will take a while for this to take effect, and then the response is lik ...

The Supreme Court dealt a blow to President Donald Trump’s trade agenda on Friday, siding against him in a case challenging the legality of tariffs that have shaped global markets and U.S. supply chains. By a 6–3 vote, the majority concluded that the law cited to justify the import duties "does not authorize the President to impose tariffs." Chief Justice John Roberts delivered the opinion of the court. Justices Clarence Thomas, Samuel Alito and Brett Kavanaugh dissented.The White House did not immediately ...

But now here to help us set up the trading day, I'd like to welcome in Kevin Hanks for our pre-bell playbook. And so Kevin, we've gotten some important economic data this morning. I mean GDP rose just 1.4% pretty wide miss.Well, we also saw at the same time inflation actually holding pretty firm. So I mean right now how do you make of what do you make of this conflicting data and what does this mean for overall just the Fed. >> Good morning Jen.You know I think two things. We got two very big numbers today. ...

NEW YORK (AP) — Wall Street kept 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 ticked higher. The S&P 500 rose 0.7%. 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 added 230 points, or 0.5%, and the Nasdaq composite r ...

Tariffs weren’t enough to end America’s import addiction. Last year, in spite of (or because of) the White House’s aggressive tariff campaign, the US trade deficit of goods reached a record high, according to data Thursday from the US Commerce Department. In other words, tariffs haven’t really altered the behavior of US consumers and companies. But according to a JPMorgan report published Thursday, the tariffs are definitely making life tougher for mid-sized companies. SUBSCRIBE:  Receive more of our fre ...