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S&P 500 ends near flat but posts biggest monthly pct gain since November 2023

  • The S&P 500 ended nearly flat on a volatile Friday in New York but posted its biggest monthly percentage gain since November 2023, rising about 6.2% in May.
  • The rally followed easing trade tensions as President Trump paused tariffs on China and the EU, though he also accused China of breaking the agreement and threatened tougher measures.
  • Investors digested mixed corporate earnings, including an 11.8% jump in Ulta Beauty shares after beating forecasts, and a 20.2% decline in Gap despite its stronger-than-expected profit, amid ongoing tariff concerns.
  • Trading volume on the NYSE hit 19.34 billion shares, and Joseph Abramson remarked that while some pullback might occur following recent strong gains, the market is generally expected to continue trending upward over the medium term.
  • The S&P 500's monthly advance suggests cautious optimism about trade developments and inflation data, but investors remain uncertain about tariff impacts and the economy's future trajectory.
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Lean Left

May also brought green to the stock markets. The monthly growth on Wall Street was the highest since November 2023. The S&P 500 index has rebounded by almost 20 percent from its April low. However, experts doubt that the rest of the year will be marked by growth.

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Lean Right

The main stock indexes in the United States closed this Friday's day with marginal variations pending statements by President Trump on trade policy with China.On Wall Street, the Nasdaq dropped 0.32 percent, at 19 thousand 113.77 points, while the S&P 500 contracted 0.01 percent, at a level of 5 thousand 911.69 integers, while the Dow Jones totaled 0.13 percent and reached 42 thousand 270.07 units.

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CNBC broke the news in United States on Thursday, May 29, 2025.
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