The justices marked Jan. 14 as the first day in 2026 where they released multiple opinions, but the much anticipated tariff case wasn't among them.

Wall Street's major averages were largely higher on Friday as the key jobs report came in line with expectations. The indexes are on track for weekly gains after a week of losses. The benchmark S&P 500 ( SP500) was last +0.3% in late morning trade, while the Nasdaq Composite ( COMP:IND) was +0.3%, and the Dow ( DJI) was +0.1%.

California, the nation’s top import hub, faces economic fallout as the Supreme Court nears a ruling on Trump’s tariffs and presidential trade powers.