A U.S. federal appeals court ruled 7–4 that most of President Donald Trump’s global tariffs are unlawful, finding that only Congress can impose broad tariffs. Trump called the decision “highly partisan” and plans to appeal to the U.S. Supreme Court. September is historically weak for equities: S&P averages −4.2% (last 5 yrs) and −2% (last 10 yrs). #US #S&P500 #FiatNews