US EditionWall Street drifts following a jumble of mixed reports on the US economy
- Most U.S. Stocks rose modestly on May 16, 2025, with the S&P 500 up 0.4%, extending a four-day winning streak amid mixed economic reports.
- The market movement followed mixed data that gave unclear signals about the U.S. Economy’s health amid uncertainty from President Trump’s trade policies and a recent 90-day tariff stand-down with China.
- Fed Chair Jerome Powell warned that the global economy may face more frequent supply shocks, which could increase inflation and challenge central banks, while companies like Deere reported dynamic, near-term market challenges due to tariffs.
- Dick's Sporting Goods fell 14.6% after announcing a $2.4 billion purchase of struggling Foot Locker, whose shares soared 85.7%; meanwhile, Walmart reported higher profits but must raise prices due to tariff-driven cost increases.
- Recent economic data indicate the Federal Reserve could have the flexibility to lower interest rates before the end of the year to stimulate growth, especially as ongoing tariffs continue to burden the manufacturing sector and consumer spending remains weaker than anticipated.
63 Articles
63 Articles
Stocks haven’t risen this fast in over 40 years—and CEOs are happy about it
S&P 500 futures traded up 0.3% this morning, premarket after the index rose 0.41% yesterday. The speed of its 15% gain since its low point on April 8 hasn't been matched since 1982. The Stoxx Europe 600 was up 0.57% in early trading. But Asia was mixed. Investors appear to be buoyed by positive data on inflation and shipping. Stock markets appear to be holding onto their recent gains today after the S&P 500 rose 0.23% yesterday. S&P futures were…
Wisconsin State Journal
NewsAdvance.comWall Street drifts back within 4% of its record
NEW YORK — Most U.S. stocks drifted higher in quiet trading Thursday following mixed reports that offered little clarity on how the U.S. economy is managing through President Donald Trump’s trade war.
Associated Press News
How major US stock indexes fared Thursday, 5/15/2025
Most U.S. stocks drifted higher following a mixed set of reports on the U.S. economy. The S&P 500 rose 0.4% Thursday, enough to extend its winning streak to a fourth day and to pull within 3.7% of its record.
Stocks Fall Back on Chip Stock Weakness and Mixed US Economic Reports
The S&P 500 Index ($SPX ) (SPY ) today is down -0.41%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.37%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.61%. June E-mini S&P futures (ESM25 ) are down -0.30%, and June E-mini Nasdaq futures...
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