U.S. Stocks Close Up After SCOTUS Tariff Ruling Causes Wild Day For Markets

The United States Stock Market ended the day in the green after a volatile session driven by tariff news. The Supreme Court released its ruling at 10am, prompting the NASDAQ,the Dow Jones Industrial Average, and the S&P 500 to rally after earlier declines based on weaker-than-expected fourth-quarter GDP data. After the initial rally, all three major indices retreated by midday before climbing again around 12:30pm, ultimately closing in the green for the day and the week. 

President Donald Trump hosted a midday press conference, where he noted that the Supreme Court’s ruling removes uncertainty surrounding tariffs. “The bottom line is that the word certainty is now in the equation,” Trump said.

Under the sweeping tariffs Trump issued using the International Emergency Economist Powers Act (IEEPA), the administration asserted that it had broad authority to impose duties with little notice, Trump could essentially issue a new tariff via Truth Social post. With his powers revoked, he will have to implement tariffs through Section 232s. Imposing tariffs through Section 232s is a much more bureaucratic process than under IEEPA.

To start the process, the Commerce Department will open a 90-270 day investigation on a product or class of imports. Once the investigation concludes, the Commerce Department will deliver the findings to the President and the President can then impose tariffs. The extended timeline provides companies with advance notice before duties are placed on imports, adding predictability for impacted companies. 

“The Supreme Court’s announcement regarding tariffs provides much-needed certainty for U.S. businesses and manufactures, enabling global supply chains to operate without ambiguity,” the National Retail Federation said after the ruling. “Clear and consistent trade policy is essential for economic growth, creating jobs and opportunities for American families. 

The retail sector was one of the strongest-performing sectors with certainty priced in around tariffs.  Amazon, Home Depot, Walmart, Target, and Five Below popped on the news. 

The next question for these retailers will be if refunds are issued levies they may have already paid. The Supreme Court did not issue a ruling on refunds so the decision will be litigated in lower courts.

WATCH: Liberal ‘Priestess’ Gives Viral Sermon On Abortion

The following is an edited transcript excerpt from The Michael Knowles Show.

* * *

A woman who presents herself as a “priestess” — a role that does not exist in Christianity — just went viral. This priestess puts on a collar and a stole and pretends to be a priest. And to make the whole presentation even more satanic, she includes the Planned Parenthood logo on the priestly stole.

Here is her defense of the Left’s highest sacrament, abortion:

Headline: RELIGION MEETS PLANNED PARENTHOOD

A female pastor is sparking a firestorm after claiming she “felt God’s presence” while deciding to end two pregnancies—all while wearing a Planned Parenthood stole at the pulpit pic.twitter.com/sUvgk7HIRz

— BuzzBrief (@_BuzzBrief__) February 15, 2026

Credit: @_BuzzBrief_X.com & @OilLondonTV/X.com

In the abortion imaginary, all people of faith are against abortion. This imaginary has colonized our minds, traumatizing many people with its toxic theology and shaping a culture of stigma and shame that has silenced millions of women and people who have had abortions, erasing their voices, their stories, and their witness from the public sphere. As a child of God, I can certainly appreciate the lyrical beauty of this text, as well as the descriptions in Jeremiah and Job of their certain knowledge that God was with them in the womb. I too feel that I am known by God in these ways. As a woman who has borne two children, I can affirm that I felt something sacred happening in my gestating body during those pregnancies. I can also attest that I felt God’s presence with me as I made the decision to end two pregnancies, and I felt no guilt, no shame, no sin.

Okay, this is horrifying. 

But you have to give this murderous woman, this truly sacrilegious heretic, some credit for honesty. She is openly acknowledging something that most pro-abortion Christians will not: something sacred was going on in my womb when that baby was being knit there. 

She goes on to basically say, Jeremiah and Job describe being knit in the womb. And yeah, that’s all real. I totally grant that. And I felt it. I personally know it’s real — but I chose to kill my kids and I felt that that was cool too.

So, of course, the difference between real Christianity and a lot of pagan cults is that Christianity is a definitive religion. Our Lord is a real person who lives in real time and space and picks real people to build his Church with and upon, like Saint Peter, to whom he gave the keys to the kingdom of heaven and the power to bind and to loose. It is a religion that has real, visible authority in the world throughout history.

During that history, our Lord says, I will send the helper, I will send the Holy Spirit to you, and I will be with you always, even until the end of the age, because our Lord is the bridegroom and the Church is the bride. It is a real, definitive religion.

We can definitively say Christianity outlaws abortion.

We can definitively say Christianity has a real view of marriage, and it doesn’t change.

We can really say all of that.

And this woman kind of admits that, which is why you have to give her points for honesty. She says there was a divine thing happening when babies were being created in her womb. But she killed them anyway because her autonomy trumped even the spark of the divine. In other words, her autonomy trumps even God himself.

WATCH: The Michael Knowles Show on DailyWire+

And it’s nuts when you hear it that way from a forthright liberal woman. But that is the premise of liberalism today — nothing is more important than my autonomy. I will make of myself the highest god.

We saw this in the Biden administration. Joe Biden believed he could be a liberal and a Christian, he was happy to do it. He called himself the most devout Catholic in the world. However, when his liberalism conflicted with his Christianity, he always chose liberalism.

And this is what liberalism tells us to do. We can believe a wide number of things. We can engage in a wide number of behaviors. We can even join many political parties. But the highest good is my autonomy. I’m really number one. I will make a god of myself. It’s a fulfillment of what the serpent promises to our first ancestors in the garden: “You will be like gods.”

You don’t have to listen to him.

And that’s what this woman is saying. It’s all the more shocking because she admits: Jeremiah and Job talk about the divine spark in the womb. I felt it too — and I killed them.

Press them on that.

Press the Democrats and the liberals on that: If you’re a Christian, what happens when Christianity contradicts your liberalism? Which side do you pick?

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