S&P 500 ends near flat but posts biggest monthly pct gain since November 2023
- The S&P 500 closed nearly flat on a volatile session on Friday but rose about 6.2% in May, its best monthly gain since November 2023.
- The market's rebound followed the U.S. Pausing some tariffs and President Trump softening his trade stance amid ongoing tensions with China and tariff uncertainties.
- Investors weighed upbeat corporate earnings, including Ulta Beauty’s 11.8% surge on strong sales and profit forecasts, alongside easing inflation and consumer spending data.
- Joseph Abramson of Northland Wealth Management noted that following a strong rally, some pullback might occur, but over the medium term, the market is expected to continue rising.
- The market's mixed close and tariff-related uncertainty suggest cautious investor sentiment as Trump plans talks with China's president to address trade issues.
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68 Articles
Wall Street Closes with Marginal Variations Awaiting Trump’s Actions Against China
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.
S&P 500 closes out best month since 2023
The numbers come as tension with China remains high over an impending trade deal. Trump accused China of violating a "fast deal" he made with them after he imposed steep tariffs on the country, but later sounded optimistic that a trade deal was still possible.
How major US stock indexes fared Friday, 5/30/2025
Wall Street closed its best month since 2023 with a quiet day of trading. The S&P 500 was essentially flat as it finished a winning week and its first winning month in the last four. The Dow Jones Industrial Average rose 0.1%, and the Nasdaq composite fell 0.3%. Hopes climbed through the month that the worst of the pain caused by President Donald Trump’s tariffs may have already passed, though uncertainty still hangs over the market. Treasury yi…
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