Fri, May 30, 2025
Thu, May 29, 2025

Stock rally loses steam as courts swing back and forth on Trump tariffs

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Stocks closed modestly higher and bond yields fell as courts invalidated, then allowed, Trump's tariffs.
The article from Fortune, dated May 29, 2025, discusses the fluctuating impact of court decisions on former President Trump's tariffs on the stock market. Initially, stocks surged due to optimism over potential tariff relief, but subsequent court rulings have caused uncertainty and volatility. The article highlights how different sectors, particularly manufacturing and technology, are reacting to these changes, with some companies benefiting while others face increased costs. Analysts are divided on the long-term effects, with some predicting continued market turbulence as legal battles persist, while others believe the market will stabilize once a clear resolution is reached.

Read the Full Fortune Article at:
[ https://fortune.com/2025/05/29/stocks-lose-steam-as-courts-swing-back-and-forth-on-trump-tariffs/ ]