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Global stock markets experienced a mixed day following a US court ruling that blocked many of President Trump's tariffs. Asian markets initially surged, with gains in Tokyo and Seoul exceeding 1.9%, but momentum slowed in Europe and the US. The S&P 500 rose 0.4%, the Dow 0.3%, and the Nasdaq 0.4%, though they gave up earlier gains. The White House plans to appeal the ruling, leaving future tariff implications uncertain. Nvidia's strong earnings report boosted tech stocks, while other companies like C3ai and e.l.f. Beauty also saw significant gains. Best Buy, however, fell due to lowered forecasts influenced by tariff uncertainty.

Prepared by Christopher Adams and reviewed by editorial team.