Stocks Hold Gains After Trump Promises Replacement Tariffs -- WSJ

Dow Jones

02/21

By WSJ Staff

Stocks are back near their session highs, despite President Trump saying he would impose new tariffs using other authority to replace those thrown out by the Supreme Court earlier in the day.

Major indexes initially climbed after the high court's 6-3 majority found Trump exceeded his powers by imposing duties without clear Congressional authorization. The decision fueled a rally in transportation shares and in tariff-exposed companies. Treasury yields edged higher.

But stocks retreated ahead of Trump's press conference, then recovered ground after he announced his plans for new trade duties. Stellantis, Williams-Sonoma and Stanley Black & Decker were all recently up around 2%

This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).

(END) Dow Jones Newswires

February 20, 2026 15:35 ET (20:35 GMT)

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The decision fueled a rally in transportation shares and in tariff-exposed companies. Treasury yields edged higher. \n</p>\n<p>\n     But stocks retreated ahead of Trump's press conference, then recovered ground after he announced his plans for new trade duties. Stellantis, Williams-Sonoma and Stanley Black &amp; Decker were all recently up around 2% \n</p>\n<p>\n       This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage). \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 20, 2026 15:35 ET (20:35 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1064927863.SGD","symbol_name":"JPMorgan Funds - Europe Dynamic A (acc) SGD-H","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2613694292","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2613694292","pubTimestamp":1771619700,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Stocks are back near their session highs, despite President Trump saying he would impose new tariffs using other authority to replace those thrown out by the Supreme Court earlier in the day.Major indexes initially climbed after the high court's 6-3 majority found Trump exceeded his powers by imposing duties without clear Congressional authorization. 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