Dow Logs Weekly Win After Tariff Ruling Boosts Sentiment

Stocks finished the day higher, after the U.S. Supreme Court ruled that most of President Donald Trump's tariffs would not be implemented, much to the relief of many companies. Trump retaliated and said he will put a 10% global tariff into effect, however. Investors also brushed off this morning's gross domestic product (GDP) data, which came in at 1.4% for Q4, much lower than the 2.5% expectation. The impressive turnaround put the Dow back in the black for the week alongside the Nasdaq and S&P 500.

Continue reading for more on today's market, including:

• Real estate stock eyes its best day since November.
• Volatile trading week triggered by renewed geopolitical tensions.
• Plus, pharma stock ripe for bearish attention; trial results dim biotech giant; and ticket sales trigger LYV surge.

5 Things to Know Today

1. Tesla's (TSLA) Cybertruck has just landed another model, one meant to be more affordable for consumers. (Reuters)
2. Alongside his promise of a 10% global tariff, President Donald Trump pledged to impose more import taxes following investigations. (Barron's)
3. Put traders don't want to miss this profit opportunity.
4. Trial results ding popular pharma giant.
5. Live Nation stock climbs on outperforming ticket sales.

Gold, Oil Log Weekly Wins

Despite rising pressure amid Trump's decision on whether to strike Iran, crude maintained a steady pace. March-dated West Texas Intermediate (WTI) crude inched 4 cents lower to settle at $66.39 barrel for the session, but added 5.9% for the week.

Gold prices moved higher, though some gains were pared after the Supreme Court tariff ruling. April-dated gold futures rose 1% to settle at $5,045 per ounce on the day and tacked on 0.7% on the week.