From Zacks Investment Research: 2025-05-19 03:46:00

U.S. stock markets closed higher on Friday as trade tensions eased. The Dow Jones rose 0.8%, Nasdaq Composite up 0.5%, and S&P 500 climbed 0.7%. Tech giants like Alphabet and Micron Technology saw gains. The fear-gauge VIX dropped 3.3%. U.S. and China agree on 90-day tariff truce. Housing starts and building permits miss estimates, while consumer sentiment drops in May. Last week, Dow, S&P 500, and Nasdaq rallied 3.4%, 5.3%, and 7.2% respectively, buoyed by positive news on trade truce.



Read more at Zacks Investment Research: Stock Market News for May 19, 2025 – May 19, 2025