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US Stocks Rally: Dow Jumps 201 Points as Supreme Court Overturns Trump Tariffs Despite Weak GDP
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US Stocks Rally: Supreme Court Strikes Down Trump Tariffs, Dow Jumps 201 Points
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Moneycontrol
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20-02-2026, 20:50
US Stocks Rally: Supreme Court Strikes Down Trump Tariffs, Dow Jumps 201 Points
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US stocks surged after the Supreme Court invalidated President Trump's tariff policy, boosting market sentiment.
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The Dow Jones Industrial Average climbed 201 points (0.4%), S&P 500 gained 0.4%, and Nasdaq Composite advanced 0.5%.
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The ruling dismantled the administration's tariff framework, easing concerns over trade friction and corporate costs.
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Market gains occurred despite weaker-than-expected Q4 GDP growth of 1.4%, far below the 2.5% forecast.
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The Commerce Department attributed the GDP slowdown partly to a record-breaking government shutdown.
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