US President Donald Trump
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Moneycontrol20-02-2026, 20:50

US Stocks Rally: Supreme Court Strikes Down Trump Tariffs, Dow Jumps 201 Points

  • US stocks surged after the Supreme Court invalidated President Trump's tariff policy, boosting market sentiment.
  • The Dow Jones Industrial Average climbed 201 points (0.4%), S&P 500 gained 0.4%, and Nasdaq Composite advanced 0.5%.
  • The ruling dismantled the administration's tariff framework, easing concerns over trade friction and corporate costs.
  • Market gains occurred despite weaker-than-expected Q4 GDP growth of 1.4%, far below the 2.5% forecast.
  • The Commerce Department attributed the GDP slowdown partly to a record-breaking government shutdown.

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