US stocks end up, post weekly rise

US stocks closed in the green on Friday after the Supreme Court struck down tariffs imposed by President Donald Trump on most countries, while investors weighed the outlook for monetary policy amid key economic data releases.

The Dow Jones Industrial Average rose 0.47%, or 230 points, to 49,625, posting a weekly gain of 0.25%.

The S&P 500 advanced 0.69%, or 47 points, to 6,909, lifting its weekly gain to 1%.

The Nasdaq Composite climbed 0.90%, or 203 points, to 22,886, securing a 1.5% weekly rise.

In Europe, the Stoxx Europe 600 gained 0.84% to 630 points, ending the week up about 2%.

The UK’s FTSE 100 rose 0.56% to 10,686, Germany’s DAX added 0.87% to 25,260, and France’s CAC 40 jumped 1.39% to 8,515.

In Japan, the Nikkei shed 1.12% to 56,825, while the broader Topix declined 1.13% to 3,808.

Brent crude for April delivery edged up 0.14%, or 10 cents, to $71.76 a barrel. US WTI for March delivery slipped 4 cents to $66.39.

Gold futures for April delivery surged 1.67%, or $83.50, to $5,080.90 an ounce.

What moved markets?

Wall Street was buoyed by the Supreme Court’s ruling that Trump’s tariffs were unlawful. Gains were tempered by signs of slower economic growth and a stronger-than-expected rise in the Federal Reserve’s preferred inflation gauge.