BANGKOK (AP) — World shares were mixed on Monday as investors watched for further developments after a U.S. court ruled against President Donald Trump’s sweeping higher tariffs.

U.S. markets were to remain closed on Monday for the Labor Day holiday. The futures for the S&P 500 and the Dow Jones Industrial Average edged 0.1% higher.

The U.S. Court of Appeals for the Federal Circuit ruled Friday that Trump went too far when he declared national emergencies to justify imposing sharply higher import taxes on almost every country on earth.

The ruling largely upheld a May decision by a specialized federal trade court in New York. But the 7-4 appeals court decision tossed out a part of that ruling striking down the tariffs immediately, allowing the administration time to appeal to the U.S. Sup

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