US stock market will look to start the month of June in positive manner after Wall Street registered its best month since 2023. All eyes are on S&P 500, Dow Jones, and Nasdaq. S&P 500 finished the day nearly unchanged after edging down by less than 0.1 per cent. The Dow Jones Industrial Average added 54 points, or 0.1 per cent, and the Nasdaq composite slipped 0.3 per cent. S&P 500 edged down 0.48 to 5,911.69 points. The Dow Jones Industrial Average rose 54.34 to 42,270.07, and the Nasdaq composite slipped 62.11 to 19,113.77.
Wall Street have been dominated by questions about what will happen with Trump’s tariffs, which investors worry could grind the economy into a recession, slash companies’ profits and layer even more challenges on households already sick of inflation.
Hopes had largely been rising that the worst of such worries had passed, which in turn sent stocks rallying, after Trump paused his tariffs on both China and the European Union. A U.S. court then on Wednesday blocked many of Trump’s sweeping tariffs. It all sent the S&P 500 in May to its first winning month in four and its best since November.
But the tariffs remain in place for now while the White House appeals the ruling by the U.S. Court of International Trade, and the ultimate outcome is still uncertain.
FAQs
Q1. What are key indexes of US Stock Market?
A1. US Stock Market’s key indexes are — S&P 500, Dow Jones, and Nasdaq.Q2. How are US Stock Market indexes performing?
A2. S&P 500 finished the day nearly unchanged after edging down by less than 0.1 per cent. The Dow Jones Industrial Average added 54 points, or 0.1 per cent, and the Nasdaq composite slipped 0.3 per cent. S&P 500 edged down 0.48 to 5,911.69 points. The Dow Jones Industrial Average rose 54.34 to 42,270.07, and the Nasdaq composite slipped 62.11 to 19,113.77.