Stocks were mixed Thursday after a federal court ruled late Wednesday that President Donald Trump overstepped his authority to impose sweeping tariffs, throwing into chaos the administration’s core trade policy that has threatened to raise prices for businesses and slow the economy.

Hamas said it was reviewing the ceasefire plan although its terms did not meet the group's demands.

The short-term relief will allow the appeals process to proceed after the US Court of International Trade barred most of the tariffs announced since Trump took office, ruling on Wednesday that he had...