From Zacks Investment Research: 2025-05-20 06:10:00

U.S. stock markets closed higher on Monday despite concerns over a possible downgrade of the U.S. sovereign credit rating. Positive news on the trade and tariff front boosted investor sentiment, leading all major indexes to end in positive territory. The Dow Jones rose 0.3%, the Nasdaq was up 0.02%, and the S&P 500 increased by 5.22 points. The fear-gauge CBOE Volatility Index also rose 5.2%. Moody’s downgraded the U.S. sovereign credit rating due to a growing budget deficit. The U.S. and China agreed to a 90-day pause on tariff implementations after high-level negotiations. Economic data showed a 1% decline in the U.S. leading indicator for April.



Read more at Zacks Investment Research: Stock Market News for May 20, 2025 – May 20, 2025