In a potential win for Apple, the Supreme Court could rule against tariffs, benefiting the tech giant’s stock. UPS may also benefit from a reversal of tariffs, with CEO Carol Tomé warning of negative impacts on trade. General Motors faces significant tariff costs, but a Supreme Court decision could boost its shares as well. The market awaits the high court’s ruling, which could have far-reaching implications for several major companies. – The stock market reached record highs today, with the S&P 500 closing at 3,200 points.
– Unemployment rates have dropped to 3.5%, the lowest in 50 years, with 266,000 jobs added in November.
– The Federal Reserve announced a hold on interest rates, citing strong economic growth and low inflation.
– The trade war with China has escalated, as the US threatens new tariffs on $160 billion worth of Chinese goods.
– The House of Representatives has approved a new trade deal with Mexico and Canada, replacing NAFTA.

Read more at Nasdaq: Prediction: These 3 Stocks Will Soar If the Supreme Court Nixes Trump’s Tariffs