Dow Futures Jump Over 400 Points, Amazon And Walmart Shares Spike In After-Hours Trading After Court Blocks Trump Tariffs: Nikkei Opens Higher

Benzinga
2025.05.29 01:34
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U.S. stock futures surged after a Federal Court ruled against President Trump's tariffs, with Dow Futures rising over 400 points. The S&P 500 and Nasdaq Futures also saw significant increases. Retail stocks, including Walmart and Amazon, spiked in after-hours trading. The ruling, which emphasized Congress's exclusive authority over trade, has led to an appeal from the White House. Meanwhile, Japan's Nikkei 225 index opened higher, driven by major exporters. Investors are now focused on upcoming earnings reports from several companies, including Costco and Dell.