Index Pulls Back Early Climb Amid Anticipation of Trade Talks

From Yahoo Finance: 2025-05-09 17:49:00

Major U.S. equities indexes dipped as investors awaited new developments on tariffs prior to a U.S.-China meeting. The S&P 500 ended down 0.1%, breaking a two-day winning streak to finish the week 0.5% lower. Insulet shares soared over 20% after strong quarterly results. Expedia shares plummeted after lowering its full-year outlook due to weak U.S. travel demand. Tesla shares rose 4.7% for the third consecutive week. Akamai Technologies stock dropped over 10% after Scotiabank reduced its price target. Expedia Group shares fell nearly 8% following worse-than-expected first-quarter results and lowered full-year outlook. TKO Group Holdings shares fell 5.5% after earnings missed expectations, despite lifting its full-year revenue forecast.



Read more at Yahoo Finance: Index Pulls Back Early Climb Amid Anticipation of Trade Talks