U.S. equities showed a rebound on May 29, 2025. Markets experienced significant volatility throughout the day. Despite mid-day declines, major indices ultimately closed higher. This recovery signals resilience in the market.
The market navigated several impactful events. Investor sentiment was shaped by corporate earnings and legal decisions. Economic data also provided crucial insights.
NVIDIA reported strong earnings for the first quarter of fiscal 2026. Revenue was $44.1 billion, a 69% year-over-year increase. Data Center revenue surged 73% to $39.1 billion. This robust performance fueled gains in tech and semiconductor stocks. Despite an intraday peak, NVIDIA closed up 3.25% at $140. Its strong outlook remains a key driver.
A U.S. court initially blocked most of President Trump’s tariffs. This decision briefly boosted market confidence. However, an appeals court quickly paused this ruling. The White House announced an appeal, reinstating market uncertainty. Goldman Sachs also suggested tariffs would likely prevail. The situation moves to the Supreme Court.
Several economic indicators pointed to a decelerating U.S. economy.
These data points bolster expectations for potential Fed rate cuts.
President Trump met with Federal Reserve Chair Jerome Powell. They discussed the economy. Trump urged faster interest rate cuts. Powell reiterated that policy decisions depend on data. He emphasized the Fed’s objective and non-political analysis.
The 7-year Treasury auction was successful. It attracted significant demand, with bids totaling $118.5 billion. Yields were favorable at 4.19%. This improved bond market sentiment.
Bond yields generally declined. This reflects growing expectations for Fed rate cuts. A weaker economy suggests the Fed will ease policy.
Oil prices rose on May 29, 2025. This led to gains in energy stocks. The overall impact on the broader market was contained.
AI-related stocks performed strongly. AI surged 20%. Vuzix jumped 12%. Dell Technologies climbed 6%. Coherent also rose 2.24%. Meta is reportedly collaborating with Anduril. They aim to develop military augmented reality headsets. This expands Meta’s defense sector involvement.
Market breadth was slightly positive. Approximately 3,690 stocks advanced. Conversely, 2,558 stocks declined. This suggests a relatively balanced day for investors. The VIX index declining indicates reduced investor fear.
Tomorrow’s schedule includes personal income and consumption data. Inflation figures will also be released. Next week, several key labor market indicators are due. These will further clarify the U.S. economic trajectory.
The market demonstrated a slight rebound. NVIDIA’s strong earnings provided a positive catalyst. However, tariff uncertainty and economic slowdown signals tempered gains. The Federal Reserve’s stance on interest rates remains data-dependent. Probability of a September rate cut increased to 52.8%. Further cuts are expected by December. Investors await more economic data.
Disclaimer: This content is for informational purposes only and does not constitute financial advice. Consult a qualified financial advisor before making investment decisions.
The U.S. stock market experienced a broad-based rally on June 10, 2025, driven by positive…
The US stock market showed positive momentum. Investors felt a surge of optimism. This was…
NVIDIA Weekly Roundup: AI, Gaming, and Market Momentum NVIDIA continues to lead in AI, gaming,…
Tesla Stock Analysis: Navigating Market Volatility and Future Growth Tesla has been a major topic…
Welcome to our comprehensive guide for foreign investors in Japan's real estate. This article breaks…
MarketOverview The U.S. stock market saw a significant rebound this past week. Despite early fluctuations,…