Market Highlights
Market Highlights
2025-06-16
Wall Street buckled as reports of Iran’s retaliation for Israel’s attack on its nuclear facilities
deepened concerns that the conflict is escalating, with oil jumping and stocks taking a hit.
The S&P 500 lost over 1%, wiping out this week’s advance. Airline and travel companies tumbled,
while energy producers and defense shares rose. West Texas Intermediate crude futures surged
more than 7%, the most since March 2022. Gold hovered near its all-time high. Treasuries fell as a
surge in oil stoked concern about a resurgence in inflation. The dollar edged up.
As markets reopened following a weekend of strikes between Israel and Iran, investors held back
on making big bets in either direction. Chinese stocks swung between gains and losses. European
equity futures edged lower. The dollar was little changed, while gold held near a record high.
2025-05-15
Wall Street’s epic rebound from April’s meltdown is showing signs of exhaustion on speculation
stocks have run too fast amid risks stemming from a trade war to an economic slowdown and
sticky inflation.
After a 22% jump from last month’s intraday lows, the S&P 500 edged up just 0.1%. Most sectors fell,
but big tech climbed. Boeing Co. gained on its largest-ever deal, with Qatar Airways placing an
order for long-range jets during a visit to Doha by Donald Trump. The dollar erased losses as
Bloomberg News reported the US is not working to include currency policy pledges in trade
accords. Bond yields rose as Federal Reserve rate-cut bets receded.
2025-05-14
A rally in the world’s largest technology companies wiped out the stock market’s losses for the
year on bets tensions around Donald Trump’s trade war are cooling, with inflation data showing
limited impacts thus far.
Equities climbed to the highest since February, the month that marked the S&P 500’s all-time high.
The gauge was up almost 1%, with chipmakers leading the charge as Nvidia Corp. and Advanced
Micro Devices Inc. will supply semiconductors to Saudi Arabian firmHumain for a massive data-
center project. Treasuries erased gains on speculation the Federal Reserve will stay put as it
evaluates potential implications of tariffs. The dollar fell.
2025-05-13
Wall Street’s bets that the US-China trade truce marked the end to an all-out tariff war drove the
S&P 500 up over 3%, while sinking defensive corners of the market from bonds to gold and haven
currencies. The dollar climbed the most since its November post-election rally.
The rebound in risk appetite and diminished expectations of a recession drove the stock
benchmark above President Donald Trump’s April 2 “Liberation Day” level. A surge in big techs put
the Nasdaq 100 back into a bull market just about a month after it plunged 20% from a previous
record. Amid a potential reset in inflation expectations, Treasury yields climbed as traders lowered
their Federal Reserve wagers to just two rate cuts in 2025
2025-05-12
Wall Street ended the week on a more cautious note, with stocks and bonds fluctuatingas the
world’s two largest economies get ready to kickstart their trade negotiations.
Investors refrained from making riskier bets on speculation that while discussions between
Chinese and American officials could represent a diplomatic icebreaker, a comprehensive
commitment would only come to fruition after several rounds of talks. Following a rapid $6 trillion
surge in the S&P 500 from the brink of a bear market, action has been more muted in recent days.
The gauge closed little changed on Friday.
2025-05-09
Wall Street’s risk-on mood prevailed on Thursday, with stocks up and bonds down as Donald Trump
announced a trade deal with the UK while noting that if China talks go well, tariffs could be
lowered. Equities also gained after the president said investors should buy shares now.
For a market hoping for an easing of tensions between the US and its top commercial partners,
that was enough to boost the S&P 500 - with the gauge briefly topping its April 2 high before the
advance subsided. While most major industries rose, gains were led by economically-sensitive
sectors. Bitcoin surpassed $100,000. As the safety bid ebbed, gold and haven currencies fell.
Treasury yields surged as traders pared bets on interest rate cuts
2025-05-08
Assurances by Jerome Powell that the economy remains sound and the Federal Reserve won’t be
forced into rash action by Donald Trump’s trade war bolstered markets, lifting stocks, bonds and
the dollar. Equities were also aided by prospects for looser rules on chip exports.
While warning that risks are growing of higher inflation and slowing growth, Powell calmed
investors after the Federal Open Market Committee left interest rates unchanged. The S&P 500
halted a two-day slide, led by chipmakers as Bloomberg News reported that the Trump
administration plans to rescind Biden-era curbs for the industry. Swap traders kept betting on at
least three Fed reductions in the remainder of 2025.
2025-05-07
Wall Street’s risk-off mode prevailed in the run-up to the Federal Reserve decision, with stocks
falling and bonds rising as President Donald Trump’s tariff remarks failed to ease worries that his
trade war will cause economic damage.
After almost wiping out losses, the S&P 500 closed with a drop of nearly 1%. Trump said he would
prescribe tariff levels and concessions for partners looking to avoid higher duties, appearing to
move away from the idea that he would engage in back-and-forth negotiations. Trade jitters
spurred gains in Treasuries, which also climbed after a solid $42 billion sale of 10-year bonds.
2025-05-06
A historic stock-market run came to a halt as President Donald Trump’s latest tariff remarks
provided little relief to investors bracing for the impacts of his trade war on the economy and
corporate earnings.
Despite data showing a pick-up in growth at US service providers, the S&P 500 halted its longest
rally in about 20 years. While Trump suggested some trade deals could come as soon as this week,
there was no indication of an imminent accord with China. In late hours, Ford Motor Co. pulled its
financialguidance and said auto tariffs will take a toll on profit. Palantir Technologies Inc. sales
forecast fell short of Wall Street’s high hopes.
2025-05-05
Wall Street’s risk-on brigade pushed the S&P 500 to its longest winning streak in two decades, with
scars from April’s tariff shock healing on fresh signs of US-China diplomacy.
The S&P 500 and the Nasdaq 100 rose more than 1% each on Friday, notching a second straight
week of gains. A dollar index dropped. Treasuries slid, with the policy-sensitive two-year yield
jumping over 10 basis points to 3.83%. Oil slipped as OPEC+ discussed making another major
production increase. With demand for havens fading, gold suffered a second consecutive week of
losses.
2025-05-02
Wall Street’s risk appetite raged anew as robust tech earnings upended the ‘sell America’ narrative
that rocked global markets last month in the grip of the tariff shock.
The S&P 500 rose for eight straight days, its longest winning streak since August. The Nasdaq 100
finished1.1% higher. Microsoft Corp. and Meta Platforms Inc. jumped on upbeat results, boosting
both the equities gauges. A report of the US weighing a potential easing of restrictions on Nvidia
Corp.’s sales to the United Arab Emirates pushed
shares higher.
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