Important Fraud Alert: We have received reports from customers of phone, electronic, and mailed communications that falsely represent Sunflower Bank and/or our employees. If you are contacted by someone claiming to be from Sunflower Bank attempting to gain access to account information, password, or other sensitive information, contact us directly through a verified phone number. Remember, we will never ask you to provide your online banking login credentials or account information. Customer Care is available at 888.827.5564 for additional assistance.
.jpg?language=en-US)
Weekly Market Commentary: Supreme Court Ruling Against Tariffs Lifts Stocks
02/23/26
Sunflower Bank Weekly Market Commentary: February 23, 2026
Each week, our Wealth Management team analyzes the U.S. stock market and bond market activity and news of the previous week, summarizing their findings into a weekly market update report. The key points of this week's commentary, "Supreme Court Ruling Against Tariffs Lifts Stocks," include:
- Equity markets ended the week higher, and finished the week on a strong note, after the Supreme Court on Friday ruled against many of the tariffs President Trump has imposed. The S&P 500 rose +1.1%, the Nasdaq 100 increased +1.2%, and the Russell 2000 gained +0.7% on the week.
- In a 6-3 decision, the nation’s highest court issued an opinion that struck down the tariffs imposed by President Trump under the International Emergency Economic Powers Act (IEEPA). President Trump announced that a global 10% tariff (later raised to 15%) would go into effect immediately. These tariffs are allowed to remain in effect for 150 days, upon which point Congress will have to vote to extend them.
- Equity markets cheered the ruling. The S&P 500 rose +0.7% on Friday and the Nasdaq almost a full percent. Although the path forward is unclear, any refund of collected tariffs would be a boost to corporations or consumers. Since the importing company pays the tariff duty, US companies and consumers would be set to receive the refund, if issued.
Ready to explore how Sunflower Bank can assist you? Speak to a personal banker at a branch near you, contact a specialist on our Private Wealth team, or find the right financial partner on our Commercial Banking team for your business needs.
This article contains general information only. Sunflower Bank, N.A. is not, by means of this article, rendering accounting, financial, investment, legal, tax, or other professional advice or services. It is not meant as a substitute for such professional advice or services. Before making any decisions related to these matters, you should consult a qualified professional advisor. Investment and insurance products are not FDIC-insured, are not a deposit or other obligation of, or guaranteed by the bank or an affiliate of the bank, are not insured by any federal government agency and are subject to investment risks, including possible loss of the principal amount invested.