NEW YORK >> Wall Street started off September on a sharply lower note today as investors weighed the legality of President Donald Trump’s tariffs after a federal appeals court ruled most of his sweeping tariffs illegal. A divided U.S. appeals court ruled on Friday that most of Trump’s tariffs are illegal, but allowed for the levies to be in place until October 14. Trump this afternoon said his administration will ask the Supreme Court for an expedited ruling on the tariffs.

The appeals court ruling rattled investors today after the long Labor Day holiday weekend, with September traditionally a weak month for equities. But the major stock indexes ended off their worst levels of the day.

The Cboe Market Volatility index rose.

With the ruling, “the question becomes, ‘Has the Trump administ

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