The US court of International Trade Late on Wednsday Rules Rules Rules Rules Ruled That Trump’s Broad Imposition of Tarifs Had overpped His Authority, Barring Most of the Duties Announced Since He Took offight in Januaryy.
At the opening bell, the down downs Industrial Average Rose 91.3 Points, or 0.22%, to 42190.02. The S & P 500 Rose 51.4 points, or 0.87%, to 5939.96, while the nasdaq composite rose 288.5 points, or 1.51%, to 19389.392.
Meanwhile, Artificial Intelligence -Chip Developer Nvidia Reported A Mammoth $ 18.8 Billion in Quarterly Profits, even with a Mulati -Billion Doller Hit from Us Export CONTROLS. Its Quarterly sales surged 69%.
On the economy data front, US government data showed the economy contracted 0.2% in the first Quarter, a bit less than initially estimated.