{"id":58866,"date":"2026-02-20T15:09:31","date_gmt":"2026-02-20T19:09:31","guid":{"rendered":"https:\/\/stockmarketwatch.com\/stock-market-news\/dowjonestodaydow-jones-ticks-higher-as-supreme-court-tariff-ruling-offsets-weak-gdp-data\/58866\/"},"modified":"2026-02-20T15:09:31","modified_gmt":"2026-02-20T19:09:31","slug":"dowjonestodaydow-jones-ticks-higher-as-supreme-court-tariff-ruling-offsets-weak-gdp-data","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/dowjonestodaydow-jones-ticks-higher-as-supreme-court-tariff-ruling-offsets-weak-gdp-data\/58866\/","title":{"rendered":"[DowJonesToday]Dow Jones Ticks Higher as Supreme Court Tariff Ruling Offsets Weak GDP Data"},"content":{"rendered":"<p>The <strong><a href=\"https:\/\/stockmarketwatch.com\/indices\/dowjones\/today\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Dow Jones Today\">Dow Jones<\/a> Index (<a href=\"\/stock\/%5EDJI\">^DJI<\/a>)<\/strong> was up <strong>187.62 (0.38%)<\/strong> points today to <strong>49,582.78<\/strong>, while <strong>Dow Futures (<a href=\"\/stock\/YM=F\">YM=F<\/a>)<\/strong> was up <strong>182.00 (0.37%)<\/strong> points. The market was primarily driven by a landmark <strong>U.S. Supreme Court<\/strong> ruling that struck down <strong>President Trump&#39;s<\/strong> sweeping emergency tariffs, providing a significant legal reprieve for global trade. This news effectively offset a weak <strong>U.S. GDP<\/strong> report, which showed growth slowing to <strong>1.4%<\/strong> in the fourth quarter\u2014well below the <strong>2.5%<\/strong> estimate\u2014largely due to the lingering effects of a month-long <strong>government shutdown<\/strong>.<\/p>\n<p><strong>Amazon (<a href=\"\/stock\/AMZN\">AMZN<\/a>)<\/strong> led the gainers with a <strong>2.40%<\/strong> increase as it addressed recent <strong>AI-linked cloud outages<\/strong> and moved forward with a massive <strong>$200 billion capital expenditure<\/strong> plan for 2026. Other major components like <strong>Procter &amp; Gamble (<a href=\"\/stock\/PG\">PG<\/a>)<\/strong> and <strong>Apple (<a href=\"\/stock\/AAPL\">AAPL<\/a>)<\/strong> were up <strong>1.29%<\/strong> and <strong>1.27%<\/strong>, respectively, as the tariff ruling boosted sentiment for multinational corporations. <strong>Verizon (<a href=\"\/stock\/VZ\">VZ<\/a>)<\/strong> also performed well, up <strong>1.16%<\/strong>, while <strong>Honeywell (<a href=\"\/stock\/HON\">HON<\/a>)<\/strong> added <strong>1.01%<\/strong> as industrial sectors benefited from the sudden removal of trade uncertainty.<\/p>\n<p>On the downside, <strong>Walmart (<a href=\"\/stock\/WMT\">WMT<\/a>)<\/strong> was down <strong>2.63%<\/strong> after providing a cautious <strong>FY 2027<\/strong> outlook that failed to justify its high valuation, despite a strong holiday earnings beat. Consumer and healthcare stocks faced similar pressure, with <strong>Nike (<a href=\"\/stock\/NKE\">NKE<\/a>)<\/strong> down <strong>1.74%<\/strong> and <strong>Johnson &amp; Johnson (<a href=\"\/stock\/JNJ\">JNJ<\/a>)<\/strong> down <strong>1.30%<\/strong>. <strong>UnitedHealth Group (<a href=\"\/stock\/UNH\">UNH<\/a>)<\/strong> was down <strong>0.83%<\/strong>, and <strong>Walt Disney (<a href=\"\/stock\/DIS\">DIS<\/a>)<\/strong> fell <strong>0.61%<\/strong>, as investors recalibrated portfolios in response to the mixed bag of strong legal developments and slowing domestic economic growth.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Dow Jones Index (^DJI) was up 187.62 (0.38%) points today to 49,582.78, while Dow Futures (YM=F) was up 182.00 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