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Global Markets, U.S. Futures Rise After Trump Tariffs Blocked by Court - WSJ

1. Global stocks surged after court ruled against Trump’s tariffs. 2. Nvidia's earnings surpassed forecasts, positively affecting chip stocks. 3. White House plans to appeal the tariff ruling, adding uncertainty. 4. Chip stocks in Asia and Europe rose, boosted by Nvidia’s performance. 5. U.S. stock-index futures increased sharply following favorable global sentiment.

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FAQ

Why Bullish?

Nvidia's strong earnings results drove market sentiment, affecting related stocks positively, similar to past instances where strong quarterly results led to significant stock surges.

How important is it?

Given Nvidia's market influence and positive earnings, this news is likely to have a notable short-term effect on its stock price.

Why Short Term?

The immediate market reaction is favorable, influenced by earnings, but longer-term impacts will depend on tariff rulings.

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