U.S. stock futures shot higher late Wednesday after a federal trade court ruled that President Donald Trump exceeded his authority in imposing a sweeping raft of global tariffs.

By Shashwat Chauhan and Kanchana Chakravarty (Reuters) -Wall Street futures slipped on Friday, heading into the last trading session of a solid month for equities, as investors assessed an appeals court decision to undo a prior ruling that had blocked most of U.