Dow jumps 271 points, S&P 500 extends win streak, Nasdaq sheds 0.18%

By: cryptosheadlines|2025/05/16 05:00:17
0
Share
copy
Airdrop Is Live CaryptosHeadlines Media Has Launched Its Native Token CHT. Airdrop Is Live For Everyone, Claim Instant 5000 CHT Tokens Worth Of $50 USDT. Join the Airdrop at the official website, CryptosHeadlinesToken.com U.S. stocks closed mixed Thursday, with the S&P 500 rising 0.4% to log a fourth straight day of gains, while the Dow Jones Industrial Average climbed more than 250 points. The Nasdaq Composite dipped 0.2%, breaking its six-day winning streak.Markets were buoyed by signs of easing trade tensions after the U.S. and China agreed to temporarily lower tariffs, providing relief to investors concerned about inflation and global growth. The 10-year Treasury yield fell to 4.44% following a surprise drop in April’s Producer Price Index, which declined 0.5% month-over-month.Retail sales in April rose just 0.1%, in line with expectations but well below March’s 1.7% surge. Meanwhile, industrial production posted a small decline. Walmart to raise prices Walmart said it will raise prices in response to tariffs, signaling ongoing pressure on retailers and consumers. Walmart stock slipped 0.5% after the company withheld profit guidance for the current quarter.Tech stocks, which have led markets in recent days, took a breather. Meta Platforms fell 4% on reports of a delayed AI rollout, while Nvidia and Tesla remained up around 15% for the week.Investors also digested comments from Federal Reserve Chair Jerome Powell, who warned of more volatile inflation ahead due to persistent global supply shocks. Meanwhile, President Trump hinted at possible trade agreements with India and Iran, fueling hopes for further economic tailwinds.In a standout move, Foot Locker surged nearly 86% after announcing a $2.4 billion merger with Dick’s Sporting Goods. On the downside, UnitedHealth dropped nearly 11% following reports of a DOJ probe, which the company said it had not been officially notified of. Source link

You may also like

The large models in the United States are moving towards closure in the name of security

The government successfully inserted itself as an approver between commercial AI models and their users for the first time.

Morning Report | CoinEx becomes a key hub for Iran to evade sanctions, involving over $3.8 billion in funds; Kalshi seeks a new round of financing, with a valuation potentially rising to $40 billion

Overview of Important Market Events on June 25

From the white-haired stock god to the billionaire fund mogul, the smart people shorting Nvidia are all getting rich using the same framework

Give up on heavily investing in Nvidia's "nine major bottlenecks"! This article analyzes the underlying logic behind top AI investors making billions: physical infrastructure such as electricity, HBM, and optical interconnects are the true keys to wealth in AI hardware.

Why do cryptocurrency projects always like to change their names?

In many cases, the old names of encryption projects have no competitive advantage, only historical baggage.

Global Launch: As predictions become the most scarce asset in the AI era, Manadia is defining the next generation of the value internet

The trusted AI prediction ecosystem Manadia, which has secured $7 million in funding from well-known institutions like OKX, will globally launch in June. The core token UMXM has already been listed on multiple mainstream platforms, inviting you to seize the new blue ocean of the trillion-level predi...

Who is footing the bill for the $64 billion accounting frenzy?

Affected by Bitcoin falling below $60,000, publicly listed companies heavily invested in this asset are facing huge paper losses and valuation discounts, and their debt structure and accounting standards may trigger structural liquidity risks in the future.

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com