The shares her Wall Street They were fluctuating on Thursday (29.05.2025), as investors analyzed the latest judicial developments on President Donald Trump’s “reciprocal” duties and Nvidia’s profits, eventually closing on positive territory.
The shares negotiated in the wider Wall Street, S&P 500 index won 0.41%, Nasdaq rose 0.39%and Dow Jones rose 0.28%.
The US International Court of Justice ruled on Wednesday night that Trump exceeded his powers when imposing “reciprocal” duties. The Court ordered the annulment of disputed tariff decrees.
However, the Trump government submitted an appeal immediately after the decision. The government has said it may have been requesting the Supreme Court already on Friday to suspend the federal court ruling.
Trump’s unstable tariff policy, as well as fears of inflation powered by the prospect of imposing duties, shaken the markets last month. Some companies also referred to duties when they reviewed their forecasts and highlighted uncertainty about commercial policy and impact on consumers.