France Faces Long Road to Economic Rebalancing as Weak Demand and High Rates Weigh, Says Citi 
Dollar Hits One-Month High as Hawkish Fed Outlook Boosts Greenback 
Trump Questions USMCA Renewal as Trade Talks Continue 
100+ Global Companies Push Governments to Prioritize Electrification for Economic Growth 
Gold Prices Slide as Hawkish Fed and Strong Dollar Weigh on Bullion 
German Industry Employment Falls to Lowest Level in a Decade 
Oil Prices Steady as U.S.-Iran Truce Uncertainty and Middle East Tensions Keep Markets on Edge 
China’s AI Manufacturing Boom Masks Weak Consumer Economy, Citi Says 
Italy’s Economy Outpaces Eurozone Peers as Investment Spending Fuels Growth 
Asian Currencies Stabilize as Dollar Holds Near Two-Month High After Fed Hawkish Signal 
Trump Says No Hormuz Strait Tolls During 60-Day Iran Ceasefire 
Asian Stocks Surge as Oil Prices Fall and Strong US Dollar Weighs on Markets 
Dollar Holds Firm as U.S.-Iran Talks Ease Tensions, GBP/USD Slips Amid UK Political Uncertainty 
Europe EV Demand Surges as Fuel Prices Rise Amid Iran Conflict 
US Stock Futures Slip After Wall Street Rally Fueled by US-Iran Deal and Chipmaker Surge 
China Keeps Loan Prime Rates Unchanged for 13th Straight Month as Policymakers Prioritize Credit Demand Recovery 
Fed Chair Kevin Warsh Signals Policy Overhaul as Hawkish Rate Outlook Rattles Markets 
U.S. stocks closed higher on Friday after the Supreme Court struck down President Donald Trump’s global tariffs, easing investor concerns and lifting major Wall Street indexes. The 6-3 ruling invalidated tariffs introduced last year under a federal law designed for national emergencies, sparking a relief rally across equity markets.
Although Trump criticized the decision and announced plans to implement a 10% global tariff for 150 days under Section 122 of the Trade Act of 1974, investors reacted positively. Market participants were reassured that the replacement tariff was lower than feared, reducing uncertainty around U.S. trade policy and its impact on corporate earnings.
The S&P 500 climbed 0.69% to 6,909.51, while the Nasdaq Composite surged 0.90% to 22,886.07. The Dow Jones Industrial Average advanced 0.47% to 49,625.97. For the week, the S&P 500 gained 1.08%, the Nasdaq rose 1.51%, and the Dow added 0.25%. Despite the weekly gains, the S&P 500 is up nearly 1% in 2026, trailing MSCI’s global stock index, which has risen more than 3%.
Technology heavyweights led the rally. Alphabet jumped 3.7%, Amazon gained 2.6%, and Apple rose 1.5%, supporting broader market momentum. Communication services surged 2.65%, making it the best-performing S&P 500 sector, followed by a 1.27% rise in consumer discretionary stocks. Companies previously pressured by tariffs, including Hasbro, Wayfair, Williams-Sonoma, and RH, also posted modest gains.
Investors remain focused on economic data and Federal Reserve policy. Recent reports showed slower U.S. economic growth in the fourth quarter and rising inflation in December. According to CME’s FedWatch Tool, traders see just over a 50% chance of a Fed rate cut by June.
Attention is also turning to Nvidia’s upcoming earnings, as volatility in AI-related stocks continues amid concerns over high valuations and uncertain returns on artificial intelligence investments. Meanwhile, trading volume was light at 18.3 billion shares, below the 20-session average of 20.3 billion.
