LONDON (Reuters) - What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Financial Industry and Financial Markets World markets and the U.S. dollar have surged this morning after a shock U.S. court ruling overnight that said the bulk of President Donald Trump's sweeping import tariff hikes were outside his authority.     I'll discuss the implications of this below...

LONDON, May 29 (Reuters) - What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Financial Industry and Financial Markets World markets and the U.S. dollar have surged this morning after a shock U.S. court ruling overnight that said the bulk of President Donald Trump's sweeping import tariff hikes were outside his authority. I'll discuss the implications of...

06:33 AM EDT, 05/29/2025 (MT Newswires) -- Asian stock markets rallied Thursday after the US Court of International Trade, based in New York, ruled that President Donald Trump's reciprocal tariffs exceeded his authority as Chief Executive. Hong Kong, Shanghai, and Tokyo finished in the green, as did most other regional exchanges. In Japan, the Nikkei 225 finished up 1.9% as...

07:35 AM EDT, 05/29/2025 (MT Newswires) -- European bourses tracked moderately higher midday Thursday after the US Court of International Trade in New York on Wednesday ruled that President Donald Trump exceeded his authority in imposing a broad range of import levies. Bank and tech stocks led broad market gains on the continent. Investors also eyed Wall Street futures signaling...