The Dow, Nasdaq and S&P 500 rose sharply on Friday after the Supreme Court ruled that President Donald Trump’s “Liberation Day” tariffs were illegal. The Supreme Court said the president has no authority to impose tariffs.
The S&P 500 and Dow Jones Industrial Average both rose 0.4% on Friday. At the time of writing, the Nasdaq Composite was up 0.6%. This comes after three moving averages opened the day with losses.
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