US EditionWall Street Drifts Toward the End of What Could Be Its Best Month Since 2023
- On May 31, 2025, Wall Street drifted lower in morning trading as markets reacted to mixed corporate earnings and renewed tariff tensions in the U.S.
- This trading followed President Donald Trump's accusation on Truth Social that China failed to uphold a tariff pause agreement, increasing uncertainty around trade policies.
- Investors faced mixed company results as Gap shares fell 21.1% despite stronger profits, while Ulta Beauty rose 14.8% on better sales, and tariffs could add $300 million to Gap's costs.
- The S&P 500 fell by 0.2%, the Dow Jones rose by 13 points, and the Nasdaq declined 0.5%, with the S&P 500 heading toward its first positive month in four months and possibly recording its strongest monthly performance since November 2023.
- Tariffs remain in place while the administration appeals a court ruling blocking many measures, sustaining uncertainty about their economic impact amid steady consumer confidence but future concerns.
25 Articles
25 Articles
Traders Close Out a Solid Month
Wall Street closed its winning week and month with a quiet Friday following a mixed set of profit reports from Gap, Ulta Beauty, and other companies navigating the challenges created by President Trump's on-and-off tariffs. The Dow rose 54.34 points, or 0.1%, to 42,270.07, ending the...
The Trentonian
Wall Street drifts toward the end of what may be its best month since 2023
By STAN CHOE, AP Business Writer NEW YORK (AP) — Wall Street is drifting toward the end of its winning week and month on Friday following a mixed set of profit reports from Gap, Ulta Beauty and other companies navigating the challenges created by President Donald Trump’s on-and-off tariffs. The S&P 500 was down 0.2% in morning trading. The Dow Jones Industrial Average was up 13 points, or less than 0.1%, as of 10:10 a.m. Eastern time, and the Na…
Wall Street drifts toward the end of what could be its best month since 2023
Wall Street is drifting toward the end of its winning week and month on Friday following a mixed set of profit reports from Gap, Ulta Beauty and other companies navigating the challenges created by President Donald Trump’s on-and-off tariffs.The S&P 500 was down 0.1% in midday trading. The Dow Jones Industrial Average was up 10 points, or less than 0.1%, as of 11:30 a.m. Eastern time, and the Nasdaq composite was 0.3% lower. Gap weighed on the m…
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