A three-judge panel of the U.S. Court of International Trade declared last night that President Trump's April 2 "reciprocal tariffs" exceeded the President's authority "to regulate importation by means of tariffs" under the 1977 International Emergency Powers Act.

A market in need of a catalyst got a few on Thursday, but stocks traded sideways anyway. The Dow was down 60 points, or 0.2%, while the S&P 500 was flat. The Nasdaq Composite was up 0.1% but losing steam.

The Dow Jones Industrial Average gave up an early gain scored after a trade court late Wednesday blocked much of President Donald Trump's tariff plans. The blue-chip index was off 13 points, or less than 0.

Wall Street drifted lower Wednesday as U.S. stocks slowed their roll. The post Dow Drops 245, Nasdaq Falls 98, S&P 500 Loses 33 appeared first on TV News Check. The post Dow Drops 245, Nasdaq Falls 98,

The S&P 500 and Nasdaq are pointing lower in futures trading before the market opens. Treasury yields are higher and Bitcoin is slipping.

The three major indices, NASDAQ 100, Dow Jones 30, and S&P 500, all look strong and like they are trying to reassert the consolidation to work off the excess froth from the previous few weeks.

Wall Street's major averages were substantially higher on Tuesday, as sentiment was boosted by positive trade developments between the U.S. and the European Union (EU). Returning from a long holiday weekend due to Memorial Day,