financetom
Market
financetom
/
Market
/
Dow Jones closes higher and marks longest winning streak in 2025
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Dow Jones closes higher and marks longest winning streak in 2025
May 25, 2025 7:42 PM

Both the Dow Jones and SP 500 managed to close higher on Monday for the fifth straight session, marking the longest winning streak in 2025, while NASDAQ closed higher as markets analyze latest corporate earnings results.

US Treasury Secretary Scott Bessent called on China to calm trade tensions, and said the responsibility falls on China for reaching a trade deal.

Bessent said in a CNBC interview that China should move to calm the trade tensions as they sell to the US five times what the US sells to them.

He once again said the reciprocal tariffs between Washington and Beijing are not sustainable, pointing to the progress on trade negotiations between the Trump administration and many other countries, including India.

This week, many major tech corporations, such as Apple, Meta, Microsoft, and Amazon, will release the quarterly results, while investors also await the pivotal US payrolls report on Friday.

At the close, Dow Jones rose 0.3%, or 114 points to 40,227 points, with a session-high at 40,414 points, and a low at 39,869 points.

SP 500 rose 0.1%, or 3 points to 5528 points, with a session-high at 5553 points.

NASDAQ slipped 0.1%, or 17 points to 17,366 points, with a session-low at 17,128 points.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
TREASURIES-US yields on long end creep higher after China, housing data
TREASURIES-US yields on long end creep higher after China, housing data
Sep 24, 2024
NEW YORK, Sept 24 (Reuters) - U.S. Treasury long-dated yields edged higher in choppy trading on Tuesday as risk appetite improved after China introduced broad stimulus measures to support its faltering economy, while solid housing data boosted expectations the Federal Reserve may not have to cut rates aggressively in this latest easing cycle. U.S. yields on seven-year notes and 30-year...
US STOCKS-Wall St ends higher as mining stocks rise on China stimulus boost
US STOCKS-Wall St ends higher as mining stocks rise on China stimulus boost
Sep 24, 2024
* Mining stocks rise on China's stimulus package * Visa falls as DOJ files lawsuit for alleged antitrust violations * U.S.-listed Chinese firms jump after domestic stimulus plan (Recasts with preliminary close of trading) By Echo Wang Sept 24 (Reuters) - U.S. stocks closed higher on Tuesday, shrugging off weak consumer confidence data, as mining stocks surged following China's announcement...
Top Midday Decliners
Top Midday Decliners
Sep 24, 2024
01:46 PM EDT, 09/24/2024 (MT Newswires) -- BioVie ( BIVI ) shares slumped 56% after the company said late Monday it priced an offering of 1.96 million shares and warrants at a combined price of $1.53 a share and associated warrant with gross proceeds of $3 million. Intraday volume topped 2.01 million shares versus the daily average of almost 106,000....
Sector Update: Consumer Stocks Mixed in Afternoon Trading
Sector Update: Consumer Stocks Mixed in Afternoon Trading
Sep 24, 2024
01:53 PM EDT, 09/24/2024 (MT Newswires) -- Consumer stocks were mixed Tuesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) shedding 0.3% and the Consumer Discretionary Select Sector SPDR Fund (XLY) rising 0.4%. Redbook US same-store sales rose by 4.4% from a year earlier in the week ended Sept. 21, slower than a 4.6% year-over-year increase in the...
Copyright 2023-2025 - www.financetom.com All Rights Reserved