[Brief] Stock Market News, May 7, 2026: S&P 500, Nasdaq Pull Back from Records - WSJ. Stock Market News, May 7, 2026: S&P 500, Nasdaq Pull Back from Records WSJStock market today: Dow, S&P 500, Nasdaq slip as oil rises, AI tr
Trade Court Rules Trump’s 10% Global Tariff Is Illegal - nytimes.com Trade Court Rules Trump’s 10% Global Tariff Is Illegal nytimes.comFederal court rules against new global tariffs Trump imposed after loss at the Supreme Court Anchorage Daily NewsUS trade court rules against Trump’s 10% global tariffs The GuardianFresh tariff defeat Source: nytimes.com
Trump gives EU ultimatum deadline to approve trade deal with US Trump’s deadline to the European Union came as a trade court ruled his global tariff policy violated US law.
US Stock Futures Fall, Oil Climbs on Iran Tensions: Markets Wrap Bloomberg.com<a href=“https://news.google.com/rss/articles/
The U.S. Court of International Trade ruled Thursday that the 10% global tariff imposed by the Trump administration under the International Emergency Economic Powers Act (IEEPA) violates the law, concluding that the president cannot invoke emergency powers solely on the basis of trade deficits. The ruling represents another significant legal blow to Trump’s tariff policy. Separately, a federal appeals court is hearing the Pentagon’s attempt to punish Senator Mark Kelly, further highlighting the ongoing legal debate over the boundaries of executive power. ...
Prediction market platform Kalshi confirmed a $1 billion raise at a $22 billion valuation. Institutional trading volume surged 800% over the past six months, with annualized trading activity reaching $178 billion. The funding highlights the explosive growth of the prediction market industry.
The S&P 500 and Nasdaq composite hit fresh records for the third consecutive trading day, showing sustained market strength. Meanwhile, oil prices retreated amid geopolitical factors. Investors are closely watching how the Iran situation impacts energy markets.
[Brief] ## Market Overview US stocks extended their rally, with the S&P 500 and Nasdaq composite hitting fresh records for the third consecutive session. Meanwhile, oil prices retreated further, boosted by diplomatic progress between the US and Iran. Key Drivers Progress in US-Iran negotiations has signaled de-escalation, reducing geopolitical risk premiums. Tech stocks led the gains, with investor confidence in AI-related sectors remaining strong. Oil Prices Crude prices continued their decline, reflecting market expectations of Middle East easing. Traders are closely monitoring Iran response to the latest ceasefire proposal. ...
[Brief] ## Stock Plunge Appliance giant Whirlpool stock plummeted 20 percent intraday after the company warned about future price trends, suggesting raw material and tariff costs will be passed on to consumers. Cost Pressures Whirlpool stated that rising raw material costs and trade tariff pressures will force the company to raise product prices, intensifying concerns about inflation in the home appliance sector. Market Impact As a leader in the US appliance industry, Whirlpool warning is seen as a signal that consumer inflation may reignite. Analysts have lowered near-term earnings estimates for the company. ...
尽管油价上涨，美国快餐行业销售额仍在增长。《纽约时报》分析指出，消费者对快餐的需求显示出较强的韧性。 Source: Google News