World financial markets welcome court ruling against Trump's tariffs

A U.S. court ruled against President Trump's tariffs under an emergency-powers law, sending financial markets into a brief respite of optimism amid months of turmoil from his trade war. The ruling blocks Trump’s proposed massive import tariffs, which had been paused for negotiations but could now face legal challenges. Financial markets jumped early Thursday, with U.S. futures and oil prices rising significantly. The dollar also saw a stronger performance against the yen and euro, providing some confidence to investors despite ongoing risks tied to Trump's trade policies.