From Yahoo Finance: 2025-05-14 17:06:00

On Wednesday, U.S. stocks ended mixed and oil slipped slightly, indicating that investors are still hesitant to end the recent rally. The S&P 500 completed a round trip, now flat for the year after recouping most losses. Markets await Fed Chair Jerome Powell’s speech for direction, as rate cut expectations have decreased. China’s bank lending dropped in April, reflecting economic weakness amid trade tensions. Positive earnings from JD.com, Tesla, and Tencent boosted Chinese and Hong Kong equities. Deutsche Bank suggests a global shift in investment towards the ‘Global South’, diversifying from China and the U.S. Market movers on Thursday include Alibaba earnings, Eurozone GDP, and Powell’s speech.



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