Stock Market News
S&P 500 Snapshot: Largest Gain In 6 Weeks
The S&P 500 posted its first weekly gain since January, rising 1.1% after spending the majority of the week in positive territory. The 50-day moving average has been above the 200-day moving average s...
The 1-Minute Market Report, February 22, 2026
The 1-Minute Market Report, February 22, 2026
Trump bumps up global tariffs - creating more mess and uncertainty for the world
So Trump and tariffs - what's going on? Let's start with the latest development and work backwards.
Next Steps for Tariffs & Other Avenues for Trump After SCOTUS Shuts Down IEEPA
@CharlesSchwab's Mike Townsend calls the Supreme Court's decision to shut down President Trump's IEEPA tariffs "momentous." However, he argues it's not surprising either.
Trump's Trade Gamble Will Continue, Despite Supreme Court Rebuke
The president seems as intent on tariffs as ever and argues that his trade agenda is succeeding, despite little evidence to support it
Trump raises tariffs to 15% on imports from all countries
President announced increase from 10% using different authority from mechanism that supreme court struck down on Friday
President Trump announced a 15% global tariff on all imports entering the U.S., effective immediately—here's what to know
The president is turning to an untested legal authority to rebuild his global tariff regime.
Trump now says he will raise 'worldwide' tariff from 10% to 15%
Trump says he will impose a 15% 'worldwide' tariff. He earlier signed an executive order imposing a 10% tariff.
Meet the Trump Official Fighting for Prediction Markets
Michael Selig is at the center of a fight over sports betting on emerging platforms like Kalshi and Polymarket.
Trump to hike global tariffs to 15% from 10%, 'effective immediately'
Trump also warned: "During the next short number of months, the Trump Administration will determine and issue the new and legally permissible Tariffs."
Market volatility trap? Why this income-first strategy may 'leave a lot on the table'
The market volatility may be leading retail investors astray.
Five key takeaways from the Supreme Court's landmark decision against Trump's tariffs
The Supreme Court's decision to throw out a large number of tariffs that President Donald Trump imposed on imports was widely expected. What's far less certain is the longer-run impacts.
Ed Siddell Sees 100bps in 2026 Rate Cuts, Metal & Nuclear Bull Cases
Ed Siddell breaks down the latest economic data, noting that durable goods orders are higher and arguing the economy is heading in the right direction. “We just have to show a little more affordabilit...
This Is What A Worst-Case Bear Market Looks Like
I explore a worst-case bear scenario where AI disrupts the economy, triggering populist fiscal policies and government overreach. Policies such as a recently proposed Dutch tax on unrealized capital g...
This week's slump in asset-manager stocks was driven by private-credit fears. Here's what's worrying investors.
Shares of asset managers fell due to worries over a private-credit fund managed by Blue Owl Capital, triggering broader anxiety about spillover effects.
3 Numbers Stock Market Bulls Don't Want To Acknowledge
Market risks are mounting as AI-driven capex surges, pressuring free cash flow at hyperscalers like META, AMZN, MSFT, and GOOG.
The Supreme Court's tariff ruling has economists even more stressed about worsening U.S. debt
The Supreme Court decision striking down most of the Trump administration's tariffs adds fuel to a brushfire of concern among economists about the worsening federal debt outlook.
The Supreme Court May Have Just Prevented A Recession
The Supreme Court ruled tariffs under IEEPA unconstitutional, but new tariffs are being imposed under alternative statutes, maintaining economic headwinds. Broad-based tariffs act as a regressive tax,...
What Moved Markets This Week
Wall Street ended the week higher as investors navigated a flurry of economic data points, corporate earnings, and a major legal development in Washington. After bouts of volatility earlier in the wee...
Buy Shipping: Undervalued Overlooked Beneficiary Of Geopolitical Tensions
The shipping sector, notably Maersk, is poised for a secular bull market as geopolitical tensions disrupt decades of artificially low shipping rates.
The Supreme Court's ruling that most of Trump's tariffs are illegal has given the world a glimpse of U.S. trade policy long after the president has gone, writes Greg Ip
U.S. trade policy will be less chaotic, but it won't go back to what prevailed before 2025.
After the Supreme Court's ruling, major U.S. trading partners expect the “Tariff Man” president to stick with his favorite policy tool
Major U.S. trading partners expect President Trump—aka “Tariff Man”—to stick with his favorite policy tool.
This Week's Market Wrap: AI-Led Volatility, Inflation, And Late-Cycle Risk Signals
Semiconductor demand signals, hyperscaler capex, and selective software rebounds drove index direction, even as AI disruption fears continued to pressure SaaS and cybersecurity. A hotter PCE print, we...
Larry Elder: There are ‘other ways' to implement tariffs
Former Republican presidential candidate Larry Elder predicts that the Trump administration's tariffs aren't going away anytime soon on ‘The Evening Edit.'
The End of Tariffs? Not a Chance, These Economists Say.
The Supreme Court's decision to strike down the Trump administration's current tariffs marks a legal turning point, not a policy pivot, says Wells Fargo. Plus, investment newsletter commentary on GDP,...
Markets Weekly Outlook - The Gavel Falls On Global Tariffs As Inflationary Fears Return To The Fold
The US Supreme Court ruled on February 20 that Trump exceeded his constitutional authority by using International Emergency Economic Powers Act to bypass Congress and impose broad global tariffs. US f...
Today's ruling affects the ‘composition' of GDP, markets: Economic advisor
Allianz chief economic adviser Mohamed El-Erian chimes in on the surprising Q4 GDP numbers on ‘Kudlow.'
Stocks Gain as Court Blocks Tariffs; Yields Climb | The Close 2/20/2026
Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are Former US secretary of Com...
Trump Plans to Double Down on Tariffs After Court Defeat. What's Ahead for Investors.
The Supreme Court's decision to strike down the president's signature trade policy will stoke further uncertainty and add to the government's debt.
For Consumers, Tariff Ruling Brings Hope of Price Relief
Some companies could decide to temper price increases, but the effect would take time to materialize.
All risky assets rebounded on this tariff news, expert says
The Kobeissi Letter editor-in-chief Adam Kobeissi discusses the impact of the Supreme Court's decision on President Donald Trump's sweeping tariffs on 'Making Money.'
Trump Announces 10% Global Tariff After Supreme Court Ruling— Here's What That Will Look Like
In a 6-3 decision, the Supreme Court struck down President Trump's sweeping "Liberation Day" tariffs, ruling that he did not have authority to invoke the International Emergency Economic Powers Act to...
Larry Kudlow: If you think tariffs ended with today's SCOTUS decision, think again
FOX Business host Larry Kudlow discusses the ramifications of the Supreme Court striking down the president's tariffs on 'Kudlow.'
Here are all the tariffs staying in place after Supreme Court ruling
The Supreme Court on Friday struck down a massive batch of President Trump's tariffs – but there are still plenty of high rates on certain industries that will stay in place.
Bruce Blakeman on Tariffs, Hochul, Mamdani, Immigration
Republican gubernatorial candidate Bruce Blakeman says New York would no longer be a sanctuary state if he is elected. The Nassau County Executive says he won't let Zohran Mamdani ruin New York City a...
Supreme Court Trump tariff decision impact: What to expect as fight for billions in refunds begins
The Supreme Court ruling that many of President Trump's tariffs are illegal will lead to a process where billions of dollars in refunds, as much as $175 billion according to estimates, will be sought ...
4 Reasons The AI Narrative Is Crumbling
The AI-driven market rally from 2023 to 2025 is faltering somewhat in 2026, potentially echoing the late-1990s internet boom.
Stocks End the Week Higher After Supreme Court Tosses Trump's Tariffs
U.S. stocks ended the week on a high note after the Supreme Court threw out President Trump's sweeping tariffs, with all three major indexes logging weekly gains.
SPX: Animal Spirits Are Finally Turning
The S&P 500 appears to be entering the early stages of a major market reversal, led by a sharp downturn in software stocks. Optimism among investors and business owners has created a self-reinforcing ...
A U.S.-Iran War Could Trigger A Global Recession
A U.S. attack on Iran seems imminent, and if the objective is regime change, there could be a prolonged spike in oil prices, which could cause a global recession. The current situation is more complex...
Why the supreme court's tariffs ruling is a win for world trade – but also tricky
The decision adds to economic uncertainty, as deals Donald Trump struck with other countries are upended
Don't expect lower prices now that the Supreme Court ruled against Trump's tariffs
The Supreme Court's decision to strike down many of President Donald Trump's tariffs is a massive blow to the president's agenda — but for cost-conscious consumers, the immediate impact could be more ...
Stocks Rise, Bonds Fall After Tariff Ruling | Closing Bell
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Emily Graffeo.
Trump Tariffs Are a Sales Tax, Krugman Says
Nobel laureate Paul Krugman, a City University of New York professor, says President Donald Trump's tariffs are a sales tax and are slightly contractionary. He speaks on "Bloomberg The Close.
Consumer Spending Persists Despite Slower Income Gains
Consumers continue to shoulder the expansion of the U.S. economy, even as late-year data reveal a more deliberate spending posture and a softer pace of overall growth. Income Growth Moderates as Spend...
'PERIOD OF UNCERTAINTY': St. Louis Fed president issues warning over tariff shift
St. Louis Federal Reserve President Alberto Musalem speaks on the Supreme Court tariff ruling, Kevin Warsh's nomination as new Fed chair, monetary policy and economic data during an exclusive intervie...
How you can take advantage of two stock-market trends
Like most broad stock-market indexes, the S&P 500 is weighted by market capitalization. Success is rewarded.
The Supreme Court struck down Trump's tariffs. Now what?
The Supreme Court scrambled the U.S. trade landscape Friday when it struck down the centerpiece of President Trump's second-term tariff program, ruling 6-3 that his sweeping blanket tariffs are illega...
Trump: Alternatives Will Be Used to Replace Rejected Tariffs (Full Presser)
President Donald Trump said he would sign an order imposing a 10% global tariff after the Supreme Court struck down the bulk of the levies he imposed last year, and pledged a raft of investigations th...
Supreme Court Strikes Down Trump Tariffs: What's Next?
The US Supreme Court struck down President Donald Trump's sweeping global tariffs, undercutting his signature economic policy and delivering his biggest legal defeat since he returned to the White Hou...
Industry reaction to US Supreme Court ruling on Trump's global tariffs
Businesses and industry groups hailed the U.S. Supreme Court's move to overturn Donald Trump's emergency tariffs, a ruling that brings relief but leaves companies bracing for the complicated refund pr...
Trump admin could be forced to refund $200B in tariffs after SCOTUS ruling: JPMorgan
Several major corporations had already filed lawsuits to seek refunds in anticipation of the ruling by the Supreme Court.
Bessent Says Tariff Revenue Will Be Little Changed in 2026
US Treasury Secretary Scott Bessent says that revenue collected from tariffs will be little changed in 2026, despite Friday's Supreme Court ruling, as President Donald Trump uses alternate authorities...
800 small businesses demand refunds after Supreme Court decision
“We Pay the Tariffs,” which includes restaurants, manufacturers and retailers, is calling for “full, fast and automatic” refunds – though Trump suggested in a heated press conference the idea is a non...
Will refunds be issued after Supreme Court ruling on Trump tariffs?
The Supreme Court struck down President Donald Trump's IEEPA tariffs, which could open the door to billions of dollars in tariff refunds, though the ruling didn't establish the process.
Fed's Logan Notes More Business Uncertainty Following Tariff Decision
Dallas Fed President Lorie Logan said she is “cautiously optimistic” on interest rates and acknowledged there may be more uncertainty facing businesses-including the Supreme Court tariff ruling.
Trump Has ‘Backup Plan' After Supreme Court Overturns Tariffs—Here's How Far He Could Go
It ultimately remains to be seen what any new tariffs will look like and when they could be imposed, beyond the global 10% rate Trump announced on Friday.
Trump Says He's ‘Ashamed' Of Supreme Court Justices Who Overturned His Tariffs
President Donald Trump said Friday he will impose a 10% additional global tariff in response to the Supreme Court striking down his sweeping Liberation Day tariffs, calling it a “terrible decision” an...
Trump rips SCOTUS tariffs ruling: 'Deeply disappointing' and 'ashamed' of certain members of court
President Donald Trump addresses the Supreme Court ruling striking down sweeping tariffs.
The Supreme Court Muddies the Tariff Waters. AI and Private Credit Still Have Markets on Edge.
Lower tariffs would be welcome, but other factors are keeping markets at bay.
Warning: This AI-Driven Sell-Off Could Be Just Beginning
AI is breaking moats, and digital leaders are already down 20–80% as competition surges. SaaS was likely just the first domino, with broader industries now at risk.
The Stock Market Now Drives the Economy. How Much Longer Can That Last?
Policy decisions have fueled a bull market, which has enriched asset holders and driven consumer spending. But market cycles haven't been permanently repealed.
Trump to Impose 10% Global Tariff After SCOTUS Ruling
President Donald Trump said he would impose a 10% global tariff, over and above tariffs already being charged, under Section 122 and declared all national security tariffs under Section 232 and existi...
As US economy drastically slows, Fed's preferred inflation gauge stays hot – likely putting rate cuts on hold
US economic growth drastically slowed at the end of 2025, while the Fed's preferred inflation gauge heated up – complicating the path to more interest rate cuts, according to economic reports released...
US Economic Resilience Weights on Rate Cut Bets, Private Credit Risks | Real Yield 2/20/2026
"Bloomberg Real Yield" highlights the market-moving news you need to know. Today's guests: Franklin Templeton Fixed Income CIO Sonal Desai, Wells Fargo Head of Macro Strategy Mike Schumacher, Morgan S...
Trump to impose a new 10% global tariff following SCOTUS ruling on IEEPA tariffs.
Trump to impose a new 10% global tariff following SCOTUS ruling on IEEPA tariffs.
Trump announces new 10% global tariff after raging over Supreme Court loss
President Donald Trump said he will sign an executive order imposing a new 10% “global tariff” under Section 122 of the Trade Act of 1974. Trump was defiant following a major Supreme Court defeat, say...
Trump Says Alternatives Will Be Used to Replace Rejected Tariffs
President Donald Trump says other alternatives “will now be used to replace the ones that the court incorrectly rejected" during a news conference following the Supreme Court's decision to strike down...
Trump: "The Supreme Court's ruling on tariffs is deeply disappointing."
Trump: "The Supreme Court's ruling on tariffs is deeply disappointing."
The Great Rotation Has Started—and Maybe Ended. What to Do Next.
Suddenly, tech stocks are struggling and a variety of out-of-favor sectors--value, small-caps, overseas, dividends, manufacturing—are hot. Why trying to do everything at once is so difficult.
Tariff Slapdown: What The Markets Say
News that the Supreme Court has struck down President Trump's IEEPA tariffs has seen equities rally and both US Treasuries and the dollar fall.
About half of Trump's tariffs are now null and void - but his trade war is not over
The administration may have to refund part, or perhaps even all, of the money paid under tariffs so far following the Supreme Court decision, Sky's Ed Conway says.
Trump Says He Is “Ashamed” Of Supreme Court Majority That Struck Down His Tariffs; POTUS Vows “Other Alternatives”
President Donald Trump raged at the Supreme Court majority that struck down the centerpiece of his economic agenda, sweeping tariffs imposed on countries worldwide.
Stocks Whipsaw as Court Strikes Down Trump Tariffs
tocks whipsawed while bonds fell alongside the dollar after the Supreme Court's rejection of Donald Trump's tariffs. Crypto, gold and oil mostly hovered as traders sought to assess the president's pla...
Fed's Logan sees inflation easing, says rate policy 'well positioned' for risks
Dallas Federal Reserve President Lorie Logan said on Friday that while she expects inflation pressures to ebb as tariff impacts on the economy wane, she's not yet prepared to say what the next move fo...
What will happen to Trump's tariffs after supreme court verdict?
The 6-3 ruling against Trump's decision to unilaterally impose tariffs without congressional approval was called a ‘disgrace' by the president
Wall Street Roundup: Supreme Court Rules
Welcome to another Friday. Apologies for those that were waiting and waiting for this morning's Wall Street Breakfast. We hope we can make it up to you with this extended version of Wall Street Roundu...
Week Ahead for FX, Bonds: U.S.-Iran Tensions, U.S. Data in Focus
Growing tensions between the U.S. and Iran will continue to be a major focus for investors in the week ahead, as will be the impact of the U.S. Supreme Court's decision to strike down President Trump'...
Watch: Trump to speak after Supreme Court strikes down tariffs
President Donald Trump is set to respond after the Supreme Court struck down his signature tariff policy. The high court ruled, six to three, that the statute used to justify Trump's biggest tariffs d...
Will the U.S. give tariff refunds after the Supreme Court decision? What we know so far.
The Supreme Court's decision striking down most of President Donald Trump's tariffs left at least one big question unanswered: What about refunds?
The Supreme Court on Friday struck down a swath of President Trump's tariffs, paving the way for businesses to try to reclaim billions of dollars
The Supreme Court's decision puts into issue billions collected in tariffs over the past year.
The Supreme Court struck down a swath of President Trump's tariffs, paving the way for businesses to try to reclaim billions
The Supreme Court's decision puts into issue billions collected in tariffs over the past year.
Signal vs. Noise: Markets, Misconceptions, and the Case for Optimization in 2026
The central theme of 2025 was the disconnect between market sentiment and economic reality. The year began with widespread apprehension regarding aggressive tariffs and forecasts of a recession.
With Trump's 'reciprocal' tariffs struck down, here are the industries still facing higher rates
President Donald Trump's so-called "reciprocal" tariffs were deemed unconstitutional by the Supreme Court, but some sector-specific tariffs will remain in place. The Supreme Court ruling covered IEEPA...
What a fiasco. Trump's tariffs are an economic and legal mess.
The fog of the Trump administration's tariffs is unrelenting. The Supreme Court's rejection of them creates even more confusion and uncertainty.
U.S. Business Activity Growth Slows as Europe Picks Up Pace
Private-sector activity in the U.S. slowed in February as tariffs drove costs higher for firms, while Europe expanded at a stronger pace than anticipated due to a rebound in industry.
US Supreme Court Strikes Down Trump's Global Tariffs
The US Supreme Court struck down the Trump administration's global tariffs. In a 6-3 ruling, the court said President Donald Trump exceeded his authority, with Chief Justice John Roberts writing for t...
World leaders cheer Supreme Court tariff ruling — but businesses must still navigate 'murky waters'
Lawmakers in the EU, U.K. and Canada are reacting to the U.S. Supreme Court's ruling against President Donald Trump's far-reaching tariffs. Trade bodies welcomed the move, but warned of lingering unce...
Supreme Court strikes down Trump tariffs, rebuking president's signature economic policy
CNBC's Eamon Javers joins 'Squawk on the Street' to discuss the U.S. Supreme Court's ruling on tariffs and its implications for businesses and the global economy.
Supreme Court Tariffs Ruling Is Victory for Constitution, Hillman Says
Georgetown Law Professor Jennifer Hillman calls the Supreme Court ruling on President Donald Trump's tariffs a victory for the US Constitution. The court said that Trump exceeded his authority by invo...
Opinion | It's the End of the Beginning of the Tariff War
The Supreme Court rules against Trump, but his administration has been working on Plan B.
The Supreme Court decision to strike down President Trump's tariffs plunges the global trade system into fresh chaos as countries, businesses and consumers scramble to figure out refunds
Companies will likely now scramble to recover what they paid, while the broader economic impact may be hard to gauge.
Trump Tariffs Ruling: Schumer Calls It a Victory for Consumer Wallets
Senator Chuck Schumer, a Democrat from New York, calls the Supreme Court ruling on tariffs a victory for consumers' wallets. Annmarie Hordern reports.
The economy caught a chill from Winter Storm Fern and tariffs are a lingering problem, S&P finds
The U.S. economy got sidetracked in February by tariff-related price increases, sluggish sales and the previous month's Winter Storm Fern, but top executives were also more optimistic that business wi...
Business celebrates win over Trump tariffs, but refunds will take time
Thousands of businesses won a hard-fought victory when the U.S. Supreme Court ruled to overturn the White House's emergency tariffs. The process of getting refunds has only just begun.
How Will Trump Respond to the Supreme Court Tariff Ruling?
The US Supreme Court struck down President Donald Trump's global tariffs, saying he exceeded his authority. Bloomberg's Nathan Dean and Mike McKee discuss how President Trump may respond to the decisi...
Justices Strike Down Trump's Tariffs
President Trump is the first to invoke the International Emergency Economic Powers Act of 1977 to set tariffs on imported goods from more than 100 countries.
Markets Rise After Supreme Court Strikes Down Tariffs
All three major stock indexes were up Friday morning after the Supreme Court struck down President Donald Trump's sweeping tariff agenda, and despite the economy notching its slowest economic growth o...
Trump tariffs: U.S. could owe more than $175 billion in refunds after Supreme Court ruling, estimate says
The U.S. government could owe more than $175 billion in refunds to importers after the Supreme Court ruled in a 6-3 decision that tariffs unilaterally imposed by President Donald Trump are illegal, a ...
Trump's global tariffs were just struck down by the Supreme Court. Here's what that means
The Supreme Court has struck down President Donald Trump's far-reaching global tariffs, handing him a significant loss on an issue crucial to his economic agenda.