Market Surge as U.S. Court Blocks Trump’s Tariffs

Wall Street saw a significant boost in premarket trading after a federal court ruled against former President Donald Trump’s sweeping tariffs. The U.S. Court of International Trade determined that Trump had exceeded his authority in imposing broad import duties, leading to an immediate invalidation of most of the tariffs.

The ruling sparked optimism among investors, with futures for the **Dow Jones Industrial Average rising 0.49%**, the S&P 500 climbing 1.09%, and the Nasdaq 100 surging 1.62%. Tech stocks, particularly AI chipmakers, benefited from the decision, with Nvidia jumping over 6% following strong quarterly earnings.

While the court’s decision is expected to ease trade tensions and bolster market confidence, the White House has already signaled plans to appeal, leaving some uncertainty about the long-term impact. Analysts suggest that if the ruling holds, it could significantly reshape U.S. trade policy and strengthen global economic stability.