US Edition
Markets welcome court ruling against Trump’s tariffs as shares, US dollar and oil gain
- A US Federal Court blocked President Trump's 'Liberation Day' tariffs on May 29, 2025, influencing market behavior in the United States.
- This court decision followed ongoing trade tensions and contributed to improvements in optimism about the US economic outlook through trade agreements.
- Following Nvidia’s robust earnings report for the March quarter, its stock rose roughly 4%, while the US dollar gained for a second straight day amid broader market advances, including oil prices climbing more than 1%.
- Brent crude closed at $64.90 per barrel, marking an increase of 81 cents, while copper prices dropped 1.4% and the Australian dollar fell to 64.2 US cents.
- The ruling encouraged positive sentiment in markets, suggesting potential easing of trade risks and continued investor focus on upcoming corporate results and expenditure data.
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Total News Sources362
Leaning Left49Leaning Right34Center83Last UpdatedBias Distribution50% Center
Bias Distribution
- 50% of the sources are Center
50% Center
L 30%
C 50%
R 20%
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