US: Wall St opens higher after court blocks most Trump tariffs

US: Wall St opens higher after court blocks most Trump tariffs


Published Thu, May 29, 2025 · 09:45 PM

[NEW YORK] Wall Street’s main indexes opened higher on Thursday (May 29) after a federal court ruled against most of US President Donald Trump’s tariffs and AI bellwether Nvidia reported a 69 per cent surge in quarterly sales, lifting sentiment.

The Dow Jones Industrial Average rose 91.3 points, or 0.22 per cent, at the open to 42,190.02.

The S&P 500 rose 51.4 points, or 0.87 per cent, at the open to 5,939.96​, while the Nasdaq Composite rose 288.5 points, or 1.51 per cent, to 19,389.392 at the opening bell. REUTERS

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I am an editor for IBW, focusing on business and entrepreneurship. I love uncovering emerging trends and crafting stories that inspire and inform readers about innovative ventures and industry insights.

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