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U.S. stock futures saw a boost while the dollar surged against traditional safe-haven currencies like the yen and Swiss franc after a federal court halted President Trump's proposed tariffs. The Trump administration is expected to make an appeal.The S&P 500 E-mini futures advanced by 1.5%, and the U.S. dollar gained 0.7% against the yen. According to Matt Simpson, senior market analyst at City Index, the involvement of the Supreme Court is likely, casting today's ruling as a temporary stop rather than a definitive conclusion. Investors, meanwhile, are relieved by...

US stock futures rose after a US trade court blocked some of President Trump's tariffs, and Nvidia (NVDA)'s mixed earnings report impressed Wall Street despite the company's warnings on chip curbs. Futures attached to the Dow Jones Industrial Average (YM=F) rose 1.3%. Futures attached to the benchmark S&P 500 (ES=F) rose 1.5%. Futures attached to the tech-heavy Nasdaq 100 jumped (NQ=F) 1.9%. On Wednesday evening, a panel of judges at the US Court of International Trade took aim at Trump's trade agenda, blocking global tariffs imposed citing emergency powers on...