Reported 2 days ago
U.S. stock futures surged and the dollar strengthened against safe-haven currencies following a federal court's decision to block President Trump's proposed tariffs. Market analysts noted this ruling could spark further legal battles, but it temporarily lifted risk sentiment among investors, suggesting positive implications for U.S. economic growth. While the administration plans to appeal the ruling, the market's initial reaction indicates optimism towards clearer trade conditions.
Source: YAHOO