Stocks ride May gains to best month since 2023
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Key U.S. economic data, developments with federal tax-and-spending legislation and twists and turns on trade all are poised to influence equities in the coming week, with the U.S. market closing in on record highs.
A wave of listings by Chinese companies is expected to reinvigorate trading activity in Hong Kong, with optimism growing that a robust pipeline of debuts will drive the broader stock market higher.
Computer chipmaker Nvidia's blockbuster quarterly earnings are boosting investor confidence in the AI revolution and the tech sector at large.
Megacap technology and growth stocks have retaken U.S. market leadership in recent weeks, but investors say that factors are in place that could allow a broader group of stocks to outperform for the rest of the year.
Fidelity Investments’ Jurrien Timmer calls this a “damned-if-you-do-market," that's setting up for a rangebound 2025.
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A big rally for stocks that began in Asia lost steam amid uncertainty about what will happen next after a U.S. court blocked many of President Donald Trump’s tariffs.
US stocks ended higher despite tariff uncertainty. An appeals court reinstated Trump's tariffs for now. Strong Nvidia results lent stocks support.
The pound was suppressed by a more buoyant dollar and gilt yields seemed to shake most of it off with disinterest. That’s all from us at Markets Today for now. Join us here again on Monday for a more lively week of economic data and earnings and until then,
Key U.S. economic data, developments with federal tax-and-spending legislation and twists and turns on trade all are poised to influence equities in the coming week, with the U.S. market closing in on record highs.
E.l.f. Beauty is acquiring Hailey Bieber’s beauty brand, giving the cosmetics company’s stock a major glow-up. E.l.f. on Wednesday announced its $1 billion cash-and-stock deal to buy Rhode, the American model’s cosmetics and skin-care line.