From Nasdaq: 2025-05-19 02:45:00

U.S. stock markets closed higher as trade tensions eased. The Dow rose 0.8%, Nasdaq climbed 0.5%, and S&P 500 was up 0.7%. Total shares traded were 17.61 billion. Advancers outnumbered decliners on NYSE and Nasdaq.

U.S. and China agree on a 90-day pause of tariff implementations. Tariffs cut to 10%, except for fentanyl-related imports. U.S. stocks have been volatile since baseline tariffs imposed by President Trump.

Economic data shows housing starts missed estimates at 1.361 million units, while building permits were below at 1.412 million units. Consumer sentiment dropped to the lowest level, with inflation expectations increasing in May.

Last week, Dow, S&P 500, and Nasdaq rallied 3.4%, 5.3%, and 7.2%, respectively. AI technology stocks surged on U.S.-China trade truce news. Experts identify 7 elite stocks with strong potential for early price pops.



Read more at Nasdaq: Stock Market News for May 19, 2025