Stocks are down due to US trade uncertainty, impacting energy producers and tech companies.

From Nasdaq: 2025-05-05 11:44:00

Stock indexes are down today due to US trade uncertainty, with the S&P 500, Dow Jones, and Nasdaq all in the red. Energy producers are sliding after OPEC+ agreed to raise crude production, impacting WTI crude prices. Market focus this week includes tariffs, US trade policy, and the FOMC decision on interest rates.

Overseas stock markets are trading lower, with European government bond yields moving lower. The Eurozone May Sentix investor confidence index rose, while swaps are pricing in a rate cut by the ECB in June. US stock movers include Tesla, Amazon, and Apple down, while energy stocks and media stocks are also under pressure.

In the US, Zimmer Biomet Holdings, Tyson Foods, Berkshire Hathaway, CNA Financial, and Howard Hughes Holdings are down. Freshpet, Axsome Therapeutics, and Wendy’s are up. Earnings reports for today include Clorox, Ford, Tyson Foods, and more. The author did not have positions in mentioned securities. The opinions expressed are solely for informational purposes.



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