Citigroup's hedge fund clients sold the dollar around Friday's U.S. Supreme Court ruling on President Donald Trump's sweeping tariffs, according to a note from the U.S. bank shared with Reuters late on Monday.

The Trump administration is unlikely to back down from pursuing additional tariffs following the Supreme Court decision, according to trade experts.

After the Trump administration’s punishing tariffs were invalidated, the president said he would impose new tariffs using a different authority. It’s been a whirlwind.

The dollar and US and European stock futures declined while gold rose on Monday after President Donald Trump set new tariffs over the weekend in response to a Supreme Court ruling. The dollar weakened 0.

U.S. stocks slumped Monday after President Donald Trump ramped up his newest tariffs, while investors continued to punish companies that could be losers in the artificial-intelligence revolution. The S&P 500 fell 1% after Trump said on Saturday that he would place temporary 15% tariffs on other countries.

Stocks dropped premarket after initially responding positively to the Supreme Court’s ruling against large swathes of Trump’s tariff regime.

The Supreme Court struck down most of the Trump administration’s tariffs, but uncertainty remains for store chains.

Wall Street stocks tumbled on Monday, as ongoing fears of artificial intelligence-related disruption and the fallout from Friday's U.S. Supreme Court ruling sent investors fleeing from high-risk equit