Dow Jones closes higher after Supreme Court blocks Trump tariffs — Nvidia, inflation data next
New York, Feb 20, 2026, 16:01 EST — Trading after the bell. The Dow Jones Industrial Average climbed 233.01 points, finishing at 49,628.56, up 0.47% on Friday, after the U.S. Supreme Court ruled against President Donald Trump’s global tariffs. The S&P 500 advanced 0.71%, while the Nasdaq Composite tacked on 0.91%. CME’s FedWatch tool still pegged the odds of a Federal Reserve rate cut by June just above 50%. “Today is a removal of some uncertainty, and we’re on to the next phase,” said Mike Dickson, head of research and quantitative strategies at Horizon Investments, noting that investors were relieved Trump’s substitute tariff wasn’t steeper.