From Financial Modeling Prep: 2025-05-21 06:49:00

The S&P 500 ended a six-day winning streak due to profit-taking in tech shares and mixed corporate results. The Dow fell 114 points, the S&P 500 and Nasdaq Composite dropped 0.4%, with financials and industrials outperforming tech.

Retail earnings showed consumer resilience, with Home Depot beating Q1 revenue estimates and reaffirming its full-year outlook. Toll Brothers will report results soon, providing insight into the housing sector’s performance.

Tesla’s shares rose as Elon Musk committed to staying CEO for five more years, reassuring investors. The focus remains on vehicle launches and the Optimus robotics program.

Tax cuts could add $3-5 trillion to the deficit, as the House committee clears a bill. St. Louis Fed President Bullard sees tariff-driven inflation as temporary, supporting the Fed’s current rate pause.

Key takeaways include monitoring earnings updates with the Earnings Calendar API and tracking sector rotations using the Market – Most Active API for better timing of entries and exits.



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