Lates News

date
17/05/2025
This week the S&P 500 index rose by 5%, the Dow rose by 3.3%, the Nasdaq rose by 7.1%, the biotechnology index rose by 4.1%, the semiconductor index rose by 10.1%, and the bank index rose by 6.6%. The technology giant index rose by 8.6% and the "Trump Tariff Loser Index" rose by 10.9%. On Friday, the S&P 500 index closed up by 0.6% with the healthcare, utilities, real estate, and consumer goods sectors rising by over 1%. The Nasdaq 100 index closed up by 0.3% with Fiserv rising by 4.7% and Adobe rising by 3.1%. However, Micron Technology, Doordash, CEG, Zscaler, Tesla, and Arm Holdings all fell by 2%, while Cisco fell by 1%, Broadcom fell by 1.7%, KLA fell by 1.9%, and Applied Materials fell by 5.3%. The Dow closed up by 300 points with UnitedHealth rebounding by 6% and 3M rising by 2.9%. Walmart, Merck Pharmaceuticals, McDonald's, Johnson & Johnson, Nike, and others rose by over 1%, while Boeing fell by 0.2% and Cisco had the worst performance.