Dow, S&P 500, Nasdaq edge higher after House gives green light to Trump’s tax bill
From Yahoo Finance: 2025-05-22 11:46:00
US economic output rebounded in May following President Trump’s tariff rollback. S&P Global’s flash US composite PMI rose to 52.1, up from 50.6 in April, driven by increased activity in both services and manufacturing sectors. Business confidence improved, but tariffs are starting to push prices higher, causing supply chain issues. Supply chain delays are at their highest since 2022, with prices for goods and services spiking.
Read more: Dow, S&P 500, Nasdaq edge higher after House gives green light to Trump’s tax bill