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U.S. stock futures jump as federal trade court blocks Trump’s sweeping tariffs - MarketWatch

1. U.S. stock futures surged after court ruled against Trump's tariffs. 2. YM00 rose almost 500 points following the ruling. 3. Court stated Trump exceeded authority imposing tariffs since Feb 1. 4. Trade uncertainties had affected stock performance recently. 5. White House appealed the ruling, asserting presidential emergency powers.

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FAQ

Why Bullish?

The court ruling alleviated tariff uncertainty, previously causing market volatility. Historical precedents show similar rulings have led to short-term market rallies.

How important is it?

The ruling directly impacts investor sentiment regarding tariffs and trade, which play a crucial role in market dynamics.

Why Short Term?

The immediate market response indicates short-term bullish sentiment. Longer-term effects depend on trade negotiations.

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