Stocks climb after court blocks some of Trump's tariffs
Source: ABC News
Stocks surged at the open of trading on Thursday after a panel of federal judges blocked President Donald Trump from slapping some of his far-reaching tariffs on China and other major U.S. trading partners.
The Dow Jones Industrial Average jumped 55 points, or 0.1%, while the S&P 500 increased 0.8%. The tech-heavy Nasdaq climbed 1.4%
The ruling from the U.S. Court of International Trade late Wednesday marked a major blow for Trump's tariff policy, invalidating levies on dozens of countries unveiled in a Rose Garden ceremony that Trump had dubbed "Liberation Day."
Trump later paused those so-called "reciprocal tariffs" for 90 days, embarking on trade negotiations with the target nations that remain ongoing.
Read more: https://abcnews.go.com/Business/stocks-climb-after-court-blocks-trumps-tariffs/story?id=122304566

unblock
(55,179 posts)I realize it was higher overnight, sounds like they decide to go with "jumped" first, then got a market update and didn't bother changing the verb...
Bernardo de La Paz
(56,154 posts)mdbl
(6,580 posts)