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U.S. stocks jump after SCOTUS strikes down most of Trump's tariffs
| USA | general | ✓ Verified - nbcnews.com

U.S. stocks jump after SCOTUS strikes down most of Trump's tariffs

#Trump tariffs #Supreme Court #Stock market #Trade policy #Economic impact #S&P 500 #Treasury yields #US dollar

📌 Key Takeaways

  • Supreme Court struck down most of Trump's tariffs under International Economic Emergency Powers Act
  • Major stock indexes rose immediately after the decision with S&P 500 up 0.5% and Nasdaq up 0.6%
  • Companies exposed to tariffs performed particularly well, including Apple, Ford, Coca-Cola, and Target
  • U.S. dollar strengthened against other currencies and Treasury yields increased
  • Consumer discretionary, industrial, real estate, and technology sectors outperformed others

📖 Full Retelling

U.S. stocks rose sharply Friday in the minutes after the Supreme Court ruled that President Donald Trump could not impose sweeping tariffs under the International Economic Emergency Powers Act. The broad-based S&P 500 jumped 0.5% while the tech-focused Nasdaq soared 0.6% immediately following the decision, though stocks later wavered before returning to positive territory by mid-morning. The ruling came as a significant setback to Trump's trade agenda, which had previously faced numerous legal challenges. Following the announcement, the yield on U.S. Treasury bonds increased across maturities, with the 10-year bond rising to 4.09% and the 30-year bond reaching 4.74%. The U.S. dollar strengthened against major currencies including the British pound, Euro, and Japanese yen, indicating investor confidence in the decision. Companies heavily exposed to tariffs, such as retailers and appliance makers, immediately became top performers, with Apple, Ford, Coca-Cola, and Target all experiencing notable stock spikes. S&P 500 sectors tracking consumer discretionary, industrial, real estate, and technology stocks outperformed less tariff-exposed sectors.

🏷️ Themes

Trade Policy, Market Reaction, Legal Decision, Economic Impact

📚 Related People & Topics

Supreme court

Supreme court

Highest court in a jurisdiction

In most legal jurisdictions, a supreme court, also known as a court of last resort, apex court, high (or final) court of appeal, and court of final appeal, is the highest court within the hierarchy of courts. Broadly speaking, the decisions of a supreme court are binding on all other courts in a nat...

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Commercial policy

Commercial policy

Government's policy governing international trade

A commercial policy (also referred to as a trade policy or international trade policy) is a government's policy governing international trade. Commercial policy is an all encompassing term that is used to cover topics which involve international trade. Trade policy is often described in terms of a ...

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Economic impact analysis

Evaluates economic effect of an event

An economic impact analysis (EIA) examines the effect of an event on the economy in a specified area, ranging from a single neighborhood to the entire globe. It usually measures changes in business revenue, business profits, personal wages, and/or jobs. The economic event analyzed can include imple...

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Stock market

Stock market

Place where stocks are traded

# Stock Market A **stock market**, also referred to as an **equity market** or **share market**, is the complex aggregation of buyers and sellers of stocks (shares). These financial instruments represent ownership claims on businesses and serve as a primary vehicle for capital allocation and corpor...

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Tariffs in the Trump administration

Topics referred to by the same term

Tariffs in the Trump administration could refer to:

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Entity Intersection Graph

Connections for Supreme court:

👤 Donald Trump 19 shared
🌐 Tariff 15 shared
🌐 Tariffs in the Trump administration 12 shared
🌐 International Emergency Economic Powers Act 7 shared
🌐 Commercial policy 5 shared
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Original Source
BREAKING NEWS Updated 7 minutes ago Trump tariffs U.S. stocks seesaw after Supreme Court strikes down most of Trump's tariffs The major stock indexes rose sharply in the minutes after the decision. A trader on the floor of the New York Stock Exchange on Jan. 12. Angela Weiss / AFP via Getty Images Share Add NBC News to Google Feb. 20, 2026, 10:11 AM EST / Updated Feb. 20, 2026, 10:24 AM EST By Steve Kopack Listen to this article with a free account 00:00 00:00 U.S. stocks briefly rose Friday in the minutes after the Supreme Court said that President Donald Trump could not impose sweeping tariffs under the International Economic Emergency Powers Act. In the moments after the decision, the broad-based S&P 500 went from trading in the red to jumping 0.5%. The Nasdaq, which more closely tracks tech companies, soared 0.6%. After the ruling, which did not outline a refund process, stocks wavered and briefly turned lower before returning to positive territory. As of 10:20 a.m. ET, stocks were back near the highs of the day. The yield on U.S. Treasury bonds jumped across maturities. Yields on the 10-year bond, which mortgage rates often track closely, rose to 4.09%. The 30-year Treasury yield rose to 4.74%. The U.S. dollar jumped against other currencies, such as the British pound, Euro and Japan's yen, a signal that investors are taking the Supreme Court decision favorably. The dollar's strength can often correlate to trust in U.S. assets and stability. Companies whose businesses are heavily exposed to tariffs, such as retailers and appliance makers, immediately became some of the best performing stocks of the day. Apple, Ford, Coca-Cola and Target were some of the companies that saw an immediate spike after the ruling. The S&P 500 sectors that track consumer discretionary, industrial, real estate and technology stocks rose to the highs of the day, outpacing other less tariff-exposed sectors. Share Add NBC News to Google Steve Kopack Steve Kopack is a senior reporter at NB...
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