A.M. Update – Tariff Uncertainty Rears Up

S&P futures are down -0.33%, Nasdaq and Russell 2000 are down -0.5% and -0.55% respectively, though off overnight lows. Trading on Friday was volatile and unsettled after the Supreme Court ruled that President Trump’s use of the International Emergency Economic Powers Act (IEEPA) to impose broad tariffs exceeded his authority, invalidating those measures. Over the…