Wall Street climbs after U.S. court shoots down Trump’s sweeping tariffs

News Snapshot:

Trader Ryan Falvey works on the floor of the New York Stock Exchange, Tuesday, May 27, 2025. (AP Photo/Richard Drew) Stocks worldwide are rising after a U.S. court blocked many of U.S. President Donald Trump’s sweeping tariffs. The S&P 500 was 0.8% higher in early trading Thursday. The Dow Jones Industrial Average was up 64 points, or 0.1%, and the Nasdaq composite was 1.4% higher. Technology stocks led the way after Nvidia once again topped analysts’ expectations for profit and revenue in the latest quarter. The gains were even bigger in Asia, where markets had the first chance to react...