With a new rise on Friday’s meeting (16.05.2025) its indicators Wall Streetwith the shares to mark strong weekly profits.
Wall Street shares recorded a strong recovery since US and China officials earlier this week agreed to a 90 -day truce on their tariff measures, which reduced investors’ fears of escalating global commercial tensions and increasing the risk.
So at the last meeting of the week Dow Jones rose 0.73% to S&P 500 won 0.69% and Nasdaq registered 0.52%.
In the week, the S&P 500 rose more than 5%and DOW over 3%, while Nasdaq made a jump exceeding 6%. Both the S&P 500 and Dow closed higher on Thursday, while Nasdaq fell slightly.
A weaker consumer climate measurement has put a brake on the overall excitement of investors on Friday.
The Michigan University survey of consumers fell to 50.8 in May, from 52.2 in April, which is the second lower measurement ever recorded after June 2022. Consumer expectations for inflation in the following year increased to 7.3% from 6.5% of the year. President Donald Trump.
On Friday, there could be an increase in volatility on Wall Street due to the large number of expiration rights contracts. Goldman Sachs estimated that more than $ 2.8 trillion of a nominal report in option will expire on Friday, the largest such number recorded for a May transaction day.
Wall Street also hopes that there will be more clarity on the front of transactions in the coming weeks. President Donald Trump said on Friday that his government will send letters to many countries with a detailed description of new tariff rates, probably within the next two to three weeks. These letters will replace trade negotiations with countries where the US does not have time to meet.