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Wall Street ends lower as ruling on Trump tariffs raises worries | Honolulu Star-Advertiser

Summary by Star Advertiser
NEW YORK >> Wall Street started off September on a sharply lower note today as investors weighed the legality of President Donald Trump’s tariffs after a federal appeals court ruled most of his sweeping tariffs illegal. A divided U.S. appeals court ruled on Friday that most of Trump’s tariffs are illegal, but allowed for the levies to be in place until October 14. Trump this afternoon said his administration will ask the Supreme Court for an expe

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Wall Street’s main indexes closed in red this Tuesday, with the Dow Jones falling 1.20%, the S&P 500 that backed back 1.28% and the Nasdaq that lost 1.40% at opening. Losses are attributed to the uncertainty generated by a federal court ruling that declared illegal the tariffs imposed by President Donald Trump on countries such as China, Canada and Mexico, under the International Emergency Economic Powers (IEEPA) Act of 1977. The court confirmed…

The three main Wall Street indices backed off this Tuesday's day, dragged by concerns over the legality of U.S. President Donald Trump's tariffs following the decision of an appeals court.The Industrial Average Dow Jones, which groups the shares of 30 giants, yielded 0.55% to 45,295.69 units, while the S&P 500, of the most valuable companies, dropped 0.69% to 6,415.54 points.The Nasdaq Composite backed back 0.82% on 21,279.63 points.All sectors,…

Dow Jones fell 0.6%, S&P 500 fell 0.7% and Nasdaq lost 0.8% ● Bitcoin completed a 2% increase in the past 24 hours ● Nestle abruptly fired CEO Laurent Frickes following a romantic relationship with a subordinate ● Trump said he would ask the Supreme Court for a "fast-track ruling" to overturn the appeals court's decision that ruled most of the tariffs he imposed were illegal

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Globes broke the news in on Tuesday, September 2, 2025.
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