Stocks surge as SCOTUS strikes down Trump tariffs, traders weigh inflation and growth data
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.