A Legal Blow Against #رسوم_ترامب Tariffs Supports 'Wall Street'
▪️ Major indices on the U.S. 'Wall Street' rose on Thursday after a federal court ruled to block most of the tariffs imposed by President Donald Trump, and Nvidia, a company specializing in artificial intelligence, announced a 69% leap in quarterly sales, boosting market sentiment.
▪️ The Dow Jones opened up 91.3 points or 0.22% to 42190.02 points, the S&P 500 rose 51.4 points or 0.87% to 5939.96 points, and the Nasdaq advanced 288.5 points or 1.51% to 19389.392 points.
▪️ The rise of 'Wall Street' came despite a sharp decline in U.S. corporate profits in the first quarter, which may continue to shrink this year due to rising costs from tariffs that threaten to undermine economic growth.
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