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MARKET UPDATE | February 23, 2026


The S&P 500 rose 1.1% in a shortened four-session week, closing at 6,909.51, led by communication services. The index is down 0.4% for February but up 0.9% year to date. Markets digested tariff developments after SCOTUS invalidated President Trump’s reciprocal tariffs under the International Emergency Economic Powers Act. Trump responded with plans to impose an additional 10% global tariff under Section 122 and to initiate new Section 301 investigations.



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