The S&P 500 index and the Nasdaq Composite extended gains for the second week, and the market rallied over the last month. However, investors remained skeptical about the durability of the market advances because of the incoherent and arbitrary trade policy of the Trump administration.
LYFT MNST EXPE
LYFT MNST EXPE
Wall Street indexes turned lower after the Trump administration expanded its tariffs on foreign-made movies. Investors remained on the sidelines amid worries of a lack of concrete trade agreements with key trading partners.
HHC
HHC
The U.S. economy added jobs at a slower pace in April, and job additions were downwardly revised for the previous two months as businesses grappled with uncertainties linked to Trump tariffs. Investors reviewed the latest earnings from Apple, Amazon, Airbnb, Exxon Mobil, and Chevron.
AAPL AMZN ABNB XOM CVX
AAPL AMZN ABNB XOM CVX