US markets react quickly to Supreme Court striking down Trump tariffs, record gains

The broad US stock markets reacted positively to the country's Supreme Court's decision, striking down most of the tariffs imposed by President Donald Trump. The S&P 500 went from trading in the negative to jumping 0.5%, while the tech-heavy Nasdaq soared 0.6%. US Treasury bonds also jumped to as high as 4.74% as the US dollar rose against global currencies.