Reported 2 days ago
On May 29, 2025, major US stock indexes experienced a rally that fizzled out due to uncertainty following a U.S. court's decision to block many of President Trump's tariffs. The S&P 500 rose by 0.4%, the Dow Jones increased by 0.3%, and the Nasdaq composite also gained 0.4%. Despite a positive reaction from Asian markets earlier in the day, concerns loomed as the White House announced plans to appeal the ruling. Overall, the S&P 500 has risen 1.9% for the week but remains up only 0.5% for the year.
Source: YAHOO