
Financial Titan
May 16, 2025 at 02:02 AM
*Global Markets - 16th May 2025:*
S&P 500 closes higher for a fourth day and Dow Jones & NASDAQ also closed in green. US markets are not in mood to bow down now. The major reason of the strength is of course deals between China and USA which is sending waves of a better trader environment going forward. Giant stocks like Tesla, NVIDIA & Meta are also back in action with huge gains.
On the other hand, bond yields have cooled off a bit, but the way Fed Chair is speaking to the markets he is indicating that he would like to go slow on rate cuts. Brent crude is stable near 65 dollars as there is not geopolitical escalation in recent times.
Disclaimer- The levels and views are for educational & informational purposes only, please consult your financial advisor before taking any position.
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