May 23, 2025
S&P 500 directionless after Trump’s tax-cut bill narrowly wins House vote
The S&P 500 struggled for direction after the U.S. House of Representatives passed President Donald Trump’s tax and spending bill, expected to burden the federal government with trillions of dollars in extra debt, by a razor-thin margin.
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May 23, 2025
Alphabet hits near three-month high, after new AI updates
Alphabet shares jumped 4%, rising for a second straight day, as investors cheered the Google parent’s artificial intelligence updates including the rolling out of “AI Mode” to all its U.S. users.
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May 21, 2025
US crypto funds top $7.5B inflows in 2025
Crypto investment products in the United States have attracted over $7.5 billion worth of investment in 2025, with a fifth week of net positive inflows last week signaling growing investor demand for digital assets.
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May 21, 2025
Dollar falls on more downbeat Fed comments
The U.S. dollar weakened anew, weighed down in part by more cautious remarks about the economy by Federal Reserve officials, even as traders looked ahead to upcoming U.S. talks with Japan that could include discussions on currencies as part of a trade deal.
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May 21, 2025
FTSE 100 rises high on strong earnings
The British benchmark index FTSE 100 closed at a two-month high, buoyed by strong corporate earnings, while investors awaited updates on trade-related developments. The FTSE 100 rose over 0.9%, with a majority of the firms listed in the index trading in green.
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May 20, 2025
Gold firms after Moody’s US downgrade, safe-haven demand strengthens
Gold prices drifted higher, steered by a softer dollar and safe-haven demand after Moody’s downgraded the U.S. government’s credit rating. U.S. gold futures settled 1.5% higher. The Gold-Dollar price remained largely unchanged in the last session. The Stochastic indicator is giving a positive signal.Support: 3166.7 | Resistance: 3296
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