WASHINGTON: The US Supreme Court on Friday struck down President Donald Trump sweeping import tariffs, prompting a muted rally in global stock markets while stoking concerns among investors about government finances and rising bond yields. Read More: US Supreme Court questions Trump’s global tariff powers The court upheld a lower court ruling that Trump exceeded his authority under a 1977 […]
S&P 500
S&P 500 and Dow edge higher as Nasdaq slips
NEW YORK — U.S. stocks ended mixed on Friday, with the Nasdaq closing lower while the S&P 500 and Dow eked out modest gains, as investors digested a week marked by the longest federal government shutdown in history and concerns over stretched tech stock valuations. The Dow rose 74.80 points, or 0.16%, to 46,987.10, while […]