Stocks surge as SCOTUS strikes down Trump tariffs, traders weigh inflation and growth data
TL;DR Summary
U.S. stocks turned higher after the Supreme Court struck down Trump’s 2025 tariffs, with the S&P 500 up about 0.4%, the Dow roughly 0.6% higher, and the Nasdaq up about 0.6% as investors digest hotter December PCE inflation and weaker Q4 GDP, prompting a rethink of near‑term Fed rate-cut bets.
Topics:business#fed-rate-expectations#gdp-q4-2025#markets#pce-price-index#scotus-tariffs#us-stock-market
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- Stock Market Today: Dow Opens Lower; GDP Growth Slows to 1.4% — Live Updates The Wall Street Journal
- S&P 500 Set to Open Down After GDP, Inflation Data Barron's
- Nasdaq to lead US stocks lower as markets eye inflation, growth data Yahoo Finance
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