From Yahoo Finance: 2025-05-30 16:35:00

Global trade uncertainty escalated as U.S. tariffs faced legal challenges, Trump accused China of violating a deal, and U.S. growth indicators hinted at a slowdown, leading to a cautious end to the month for world markets. Bonds rebounded after four weeks of decline, with the 10-year Treasury yield closing at a three-week low of 4.40%. Despite trade chaos, S&P 500 and Nasdaq neared record highs this week, spurred by Trump administration’s tariff actions. The U.S. Senate debates a tax-and-spending bill projected to increase federal debt by nearly $4 trillion over a decade, with a new tax targeting foreign investors raising concerns among investors. Fed officials take a ‘wait and see’ approach towards the economic impact of tariff uncertainty, expecting no rate cuts until September. ECB interest rate cut and U.S. employment report are anticipated events on next week’s global calendar. Bond index sees biggest fall of the year in May while Japanese bond yields retreat from record highs. Major equity indices post best month since 2023, with Nikkei and Nasdaq rising significantly. Euro sees fifth consecutive monthly gain, while Bitcoin retreats from record high. Charts show widening gap in UK bond yield compared to G7 peers, and China’s yuan exchange rate at weakest level since 2012. Trade talks stall between U.S. and China, adding to market uncertainty. Key data releases and Fed policymakers’ speeches are expected to influence markets on Monday.



Read more at Yahoo Finance: Trading Day: Markets ‘tarrified’ anew