Market Mayhem: May Recap
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Fresh news and strategies for traders. SPY Trader episode #1205. Hey there, stock slingers, and welcome back to Spy Trader! It's your pal, Penny Pincher, here, ready to break down the market mayhem. It's 6 pm on Friday, May 30th, 2025, Pacific time, and things are looking…well, let's just say it's a mixed bag out there. Buckle up! Okay, so here's the lowdown. We're seeing some mixed signals today. The Dow is up, but the S&P 500 and Nasdaq are taking a bit of a breather. Despite the daily ups and downs, we're still on track for a pretty solid May. The S&P is up about 6% this month, the Dow around 4%, and the Nasdaq's crushing it, up nearly 10%, thanks to the tech sector's comeback kid routine. Now, the reason for all this seesawing? Trade tensions with China are flaring up again, and we just got some key inflation numbers that have everyone scratching their heads. Plus, Moody's decided to throw a wrench in the gears by downgrading the U.S. government's credit rating. Yikes! Let's talk sectors. Tech is the star of the show, no surprise there. Energy and Consumer Discretionary? Not so much. Utilities, on the other hand, are looking pretty comfy. In news, President Trump's got everyone on edge with his comments about China
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