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Source document· February 21, 2026

Stocks Settle Higher as SCOTUS Rejects President Trump’s Tariffs

View original at nasdaq.com
Stocks Settle Higher as SCOTUS Rejects President Trump’s Tariffs The S&P 500 Index ($SPX) (SPY) on Friday closed up +0.69%, the Dow Jones Industrial Average ($DOWI) (DIA) closed up +0.47%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +0.87%…
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  • Excluding the Magnificent Seven megacap technology stocks, Q4 earnings are expected to increase by 4.6%

    80% confidence
  • S&P earnings growth is expected to climb by 8.4% in Q4, marking the tenth consecutive quarter of year-over-year growth

    80% confidence
  • It's prudent to have interest rates mildly restrictive, as he expects US growth in 2026 to put upward pressure on inflation

    80% confidence
  • 10 to 15 days is pretty much the maximum he would allow for nuclear negotiations with Iran to continue

    80% confidence

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Stocks Settle Higher as SCOTUS Rejects President Trump’s Tariffs — Source | Via News | Via News