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Stock impact report

Jefferies says these 5 consumer stocks will get the biggest boost from the Supreme Court's ruling against Trump tariffs [Business Insider]

Signet Jewelers Limited Common Shares (SIG) 
Last signet jewelers limited common shares earnings: 3/26 06:50 am Check Earnings Report
Have an account? Log in The Supreme Court ruled that Trump cannot use the International Emergency Economic Powers Act to justify tariffs. Jefferies analysts said that the SCOTUS decision is a positive for consumer discretionary stocks. Nike and Birkenstock are some of the stocks the analysts name as top beneficiaries. Wall Street is weighing the impact of the US Supreme Court ruling against Trump's tariffs, with investors on the hunt for stocks that stand to gain the most from the reversal of the landmark trade policy. SCOTUS ruled that Trump can't use the International Emergency Economic Powers Act to justify tariffs. Following the announcement, Jefferies analysts highlighted five stocks that they say have the "largest upside benefit" on the court's decision. "The removal of IEEPA tariffs introduces a meaningful margin tailwind across our consumer discretionary coverage," the analysts wrote. "While the ruling eliminates the legal authority for these tariffs, questions Show less Read more
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