S&P Futures Gain as Trade Truce Rally Continues, U.S. Economic Data on Tap
From Barchart: 2025-05-16 05:51:00
- The New York Stock Exchange saw a slight uptick in trading activity today, with the Dow Jones Industrial Average closing up 0.5% and the S&P 500 gaining 0.3%.
- Investors are keeping a close eye on the ongoing trade negotiations between the US and China, with hopes for a resolution driving market sentiment.
- Technology stocks were among the top performers, with Apple and Microsoft both posting solid gains.
- Oil prices also saw a modest increase, with WTI crude oil finishing the day up 1.2% at $57.80 per barrel.
- Overall, market analysts remain cautiously optimistic about the outlook for the rest of the week, as economic data continues to show signs of strength.
Read more at Barchart: S&P Futures Gain as Trade Truce Rally Continues, U.S. Economic Data on Tap