Global markets rise after a US court blocked many of Trump’s sweeping tariffs – Business News

Elaine Kurtenbach And Matt Ott, The Associated Press – | Story: 553172

Stocks worldwide are rising after a U.S. court blocked many of President Donald Trump’s sweeping tariffs. The S&P 500 was 0.8% higher in early trading Thursday.

The Dow Jones Industrial Average was up 64 points, or 0.1%, and the Nasdaq composite was 1.4% higher. Technology stocks led the way after Nvidia once again topped analysts’ expectations for profit and revenue in the latest quarter.

The gains were even bigger in Asia, where markets had the first chance to react to the ruling issued late on Wednesday by…

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