From Barron’s: 2025-05-30 10:17:00

The Dow Jones Industrial Average bounced back from early losses, closing higher by 0.1% at 34,230. The S&P 500 also ended the day slightly up at 4,167, while the Nasdaq Composite dropped 0.4% to 13,582. Tech stocks were hit the hardest, with Apple and Microsoft both falling over 1%.

Investors were encouraged by positive data on retail sales and jobless claims, which indicated a strong economic recovery. Retail sales rose 0.7% in April, exceeding expectations, while initial jobless claims fell to a pandemic-era low of 473,000. Consumer spending is expected to continue driving economic growth in the coming months.

Despite the overall positive sentiment, concerns about inflation and rising interest rates continue to linger. The Federal Reserve has reiterated its commitment to keeping interest rates low until the economy fully recovers, but some analysts warn that inflationary pressures could lead to higher rates sooner than expected. Market volatility is expected to persist as investors navigate these uncertainties.



Read more at Barron’s: The Dow Recoups Early Losses