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The Economic Times

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US stocks: US stock indexes rise after Supreme Court rules against Trump's tariffs

Wall Street indexes surged Friday following a Supreme Court decision. The court ruled against President Donald Trump's broad tariffs enacted under a federal law for national emergencies. These tariffs, imposed last February, affected global imports. Thousands of companies had challenged these levies. The Dow Jones Industrial Average, S&P 500, and Nasdaq Composite all saw significant gains.

20 Feb 2026 8:44 pm