Get all your news in one place.
100’s of premium titles.
One app.
Start reading
The Independent UK
The Independent UK
National
Karl Matchett

White House to challenge Trump tariff block as stock markets surge

United States Stock Market Donald Trump
  • The US stock market is set to surge after a federal court blocked President Donald Trump’s global tariffs.
  • Ahead of trading, US futures indicate a 1.5 per cent climb for the S&P 500 and nearly 2 per cent for the Nasdaq following the tariff block announcement.
  • Overnight trading saw Nvidia's stock surge, making the company set to reclaim its position as most valuable listed company in the world when markets open.
  • Asian stock markets, including the Nikkei 225 and Hong Kong’s Hang Seng, rose following the news, while European markets, such as the UK’s FTSE 100, showed a more muted response.
  • The White House plans to appeal the court's decision, leading analysts to predict a period of tariff "limbo" that could prolong market uncertainty.

IN FULL

Stock markets rise after Trump tariffs blocked by court

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Squid Game USA Spinoff: Fan Casting, Release Date, Plot Details, and David Fincher's Role — Everything We Know So Far
Reports first surfaced in October 2024 that David Fincher had partnered with Netflix to develop an English-language version of Squid Game.
International Business Times UK
International Business Times UK
The Devil Wears Prada 2: Who's Coming Back, Plot, and What We Know of the Sequel
After nearly twenty years, fans will see Miranda Priestly, Andy, and others return in a new film exploring fashion's evolving landscape.
International Business Times UK
International Business Times UK
Beards may be dirtier than toilets – but all men should grow one
Without his, my husband resembles an estate agent. It’s time more men took advantage of this hairy little glow-up, writes Polly Hudson
The Guardian - UK
The Guardian - UK
Cincinnati's Beer-Loving Germans Endured Anti-Immigrant and Anti-Alcohol Resistance
The city's German immigrant experience suggests that immediate assimilation isn't necessary to eventual assimilation.
Reason
Reason
Joey Chestnut to make Coney Island’s summer as hotdog champion returns
The leviathan of competitive eating returns for Nathan’s Fourth of July hotdog eating contest after year’s ban for promoting rival plant-based wieners
The Guardian - US
The Guardian - US
Is Starbucks Open on July 4th? Costco, Walmart, and Other Places That Might Be Serving You This Holiday
Planning a July 4th coffee run or BBQ shop? Starbucks and Walmart are open, but Costco's shut. Check which stores are serving you this holiday!
International Business Times UK
International Business Times UK
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.
Download on the AppStore Get it on Google Play