Supreme Court stands up to Trump on emergency tariffs
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Follow all the latest U.S. market action for Friday here as stocks rally following the Supreme Court's decision to strike down President Trump's emergency tariffs.
US stocks rose on Monday, continuing a bounce back from a turbulent week that ended with the Dow closing above 50,000 for the first time, as investors face another busy schedule of earnings and economic data.
Live Updates Federal Reserve Minutes Show a Split Yesterday According to the latest Fed minutes, Federal Reserve officials note that further interest rate cuts should be paused for now. However, while a pause was met with approval,
Dollar strengthens and oil prices rally
The U.S. stock market ticked higher, led by its most influential stock, Nvidia. The S&P 500 rose 0.6% Wednesday and pulled closer to its all-time high set late last month.
The stock market continued its plunge Feb. 5 amid investor concerns that experts attributed to increased uncertainty.
The United States Postal Service will not deliver mail or open its branches, but private carriers like DHL, FedEx and UPS will continue operating. The stock market, schools and libraries are generally closed, while most supermarkets, restaurants and pharmacies stay open.
Despite this short-term volatility, our multi-faceted evaluation suggests that the stock remains an attractive buy with a potential price target of $247.
Sensex tumbled 1,236.11 points to settle at 82,498.14; Nifty 50 slumped 365 points to 25,454.35 All the sectoral indices ended in the red, with Nifty Realty, Nifty PSU Banks, Nifty FMCG, Nifty Auto and Nifty Media falling the most.