Reported about 16 hours ago
On May 23, 2025, the S&P 500 dipped 0.7%, marking its fourth consecutive negative trading day, fueled by renewed trade policy tensions ahead of Memorial Day. Deckers Outdoor witnessed a significant 20% drop after withholding full-year guidance due to tariff uncertainties. Ross Stores' shares fell 9.8% for similar reasons. In contrast, Intuit's shares surged 8.1% following strong quarterly results and positive full-year forecasts.
Source: YAHOO