From Nasdaq: 2025-06-03 13:00:00

1. The S&P 500 had its strongest May performance in over 30 years, with tech stocks like Apple, Alphabet, Microsoft, Amazon, Meta, Tesla, and NVIDIA leading the surge.
2. Trade tensions eased as the US and China reduced tariffs, while President Trump postponed tariff hikes on EU goods, boosting investor confidence.
3. Big Tech stocks dominated market gains in May, with NVIDIA and Tesla leading the charge, outperforming the broader index.
4. Strong earnings growth from the Magnificent Seven tech companies fueled the market rally, with a combined 27.7% increase in Q1 earnings.
5. Large-cap tech stocks outperformed amid rising bond yields, with investors favoring safety in a yield-sensitive environment.

Read more at Nasdaq: S&P 500 ETFs Log Best May in 30+ Yrs on AI, Large-Cap Safety