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Daily Market Commentary

May 2025

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May 2025

May 30, 2025

Following a torrid rally that put the S&P 500 on track for its best May gain since 1990, the gauge lost steam, dropping 0.4% on Friday. 

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May 29, 2025

US stocks climbed Thursday morning as a US court blocked the bulk of President Donald Trump’s import tariffs and an upbeat earnings readout from artificial intelligence darling Nvidia Corp. fueled risk appetite.

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May 28, 2025

Just hours ahead of results from the world’s most-valuable chipmaker, the S&P 500 eked out gains. Nvidia, which has surged more than 40% from its April low, edged up on Wednesday.

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May 27, 2025

Wall Street stocks rose amid optimism about US-EU trade negotiations, with the S&P 500 up about 1% and Nvidia Corp. pacing gains in megacaps.

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May 23, 2025

From the US to Japan, long-term borrowing costs for the world’s biggest economies have surged as investors question the ability of governments to cover massive budget deficits.

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May 21, 2025

US stocks are set to extend a retreat, with traders nervous about rising bond yields as House lawmakers debated tax cuts at the center of the Trump administration’s policy agenda. The dollar also fell.

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May 20, 2025

House Republicans were still unable to reach a deal on Tuesday over the divisive state and local tax deduction as President Donald Trump met with lawmakers on Capitol Hill to discuss moving his agenda forward.

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May 19, 2025

Long-dated Treasuries fell on Monday as investor attention turned to the US’ ballooning debt after Moody’s Ratings stripped the nation of its last top credit rating. 

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May 16, 2025

A rally that drove stocks to one of their best weeks in 2025 lost steam on Friday after the latest round of data failed to assuage investors worried about the outlook for the world’s largest economy amid President Donald Trump’s trade war.

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May 15, 2025

Wall Street traders sent bond yields lower after tame inflation data combined with lackluster readings on retail and manufacturing bolstered the case for Fed rate cuts this year.

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May 14, 2025

Wall Street’s epic rebound from April’s meltdown is showing some signs of exhaustion amid speculation the market has run too fast amid risks stemming from a trade war to an economic slowdown and sticky inflation.

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May 13, 2025

US inflation rose by less than forecast in April amid tame prices for clothing and new cars, suggesting little urgency so far by companies to pass along the cost of higher tariffs to consumers.

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May 9, 2025

In the throes of April’s market chaos, one London fund manager found a relatively simple and cheap way to unload its unwanted bonds. 

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May 6, 2025

Wall Street’s risk-off mode prevailed in the countdown to the Federal Reserve decision, with stocks falling as disappointing corporate and economic signals fueled concern about the repercussions of President Donald Trump’s trade war.

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May 5, 2025

A historic stock-market run came to a halt as President Donald Trump’s latest tariff remarks provided little relief to investors bracing for the impacts of his trade war on the economy and corporate earnings.

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May 2, 2025

US bond investors have been piling into bets that President Donald Trump’s tariffs will slow the world’s largest economy and force the Federal Reserve to lower interest rates.

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May 1, 2025

Treasury Secretary Scott Bessent said that the US Treasury market is telegraphing that the Federal Reserve ought to lower interest rates. 

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