Wall Street cheers US Supreme Court ruling, stocks jump as Trump tariffs fall - News Summed Up

Wall Street cheers US Supreme Court ruling, stocks jump as Trump tariffs fall


By curbing the executive’s ability to impose wide-ranging tariffs without congressional approval, the decision reduces the likelihood of sudden policy shocks that can roil markets. Analysts said the judgment brings greater predictability to US trade policy, an important consideration for investors already navigating uncertainty around interest rates, growth and geopolitics. The dollar was mixed, as traders weighed improved trade prospects against shifting expectations for US economic policy. Investors expect the decision to reduce the risk of retaliatory tariffs and trade disputes that had previously clouded the outlook for global growth. Wall Street’s rise underscored how closely markets had tied Trump’s tariff regime to economic risk.


Source: Indian Express February 20, 2026 18:53 UTC



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