U.S. and Canadian stocks rose after the Supreme Court blocked Trump’s emergency tariffs, boosting markets amid strong tech earnings.

U.S. and Canadian stock markets rose Friday after the Supreme Court invalidated President Trump’s use of emergency powers to impose broad tariffs, returning authority to Congress and reducing trade policy uncertainty. Despite concerns over inflation and delayed Fed rate cuts, markets gained on strong corporate earnings, especially in tech and semiconductors, with the S&P 500 and Nasdaq nearing all-time highs. European markets advanced, South Korea hit a record high, and the Canadian dollar rose, while Asian markets were mixed. Investors now await Federal Reserve commentary and upcoming earnings reports.