📈 **Markets Rally Amid Tariff Turmoil: What's Next?**
U.S. markets closed higher on Thursday, with the S&P 500 up 0.4%, buoyed by strong earnings from Nvidia. The Nasdaq Composite also climbed 0.39%, while the Dow Jones Industrial Average added 127 points, or 0.3%. However, gains were tempered by renewed uncertainty over President Donald Trump's tariff policy following conflicting court decisions.
A federal trade court initially struck down Trump's sweeping tariffs, prompting early stock gains, but a subsequent appeals court stay dampened enthusiasm. Analysts suggest that markets have become desensitized to tariff news, contributing to continued stock resilience.
Despite the legal back-and-forth, the tech sector's robust performance, particularly Nvidia's 3.2% surge, helped maintain positive momentum. Yet, concerns linger over the broader economic outlook, with first-quarter business and consumer demand hitting its lowest level since 2023, and CEO confidence falling sharply.
As markets navigate this complex landscape, investors remain cautious, balancing optimism from strong corporate earnings against the backdrop of trade policy uncertainties.
What could be the next move of Trump?
Make sure to follow!
*Stay informed and keep an eye on these developments as they unfold.*