Here's your Weekly Trading Roundup for the week ending May 24, 2025:
📉 Market Overview
U.S. stock markets experienced a downturn this week, influenced by renewed tariff threats from former President Donald Trump. The S&P 500 fell 2.6%, the Nasdaq Composite declined 2.5%, and the Dow Jones Industrial Average dropped 2.5% over the week. These declines were primarily driven by concerns over proposed tariffs on European Union imports and foreign-manufactured smartphones, including Apple's iPhone. (Barron's, Barron's, WSJ)
🔍 Sector Highlights
📱 Technology
The technology sector faced headwinds due to tariff concerns. Apple's stock declined over 6% following threats of a 25% tariff on iPhones not produced in the U.S. Investors are closely watching Nvidia's upcoming earnings report, scheduled for May 28, which is expected to provide insights into the AI chip market and potentially influence market sentiment. (Barron's, New York Post, Barron's)
🛢️ Energy
Oil prices remained above $60 per barrel but posted a weekly loss. West Texas Intermediate (WTI) crude closed at $61.53, down from $62.59 the previous week. The decline is attributed to concerns over increasing supply from OPEC+ and potential oversupply in the market. (Midland Reporter-Telegram)
🪙 Commodities
Gold prices surged nearly 6% for the week, closing around $3,360 per ounce, as investors sought safe-haven assets amid market volatility. (John Hancock Investment Management)
🧠 Trader Psychology Tip
In times of market uncertainty, it's crucial to maintain discipline and adhere to your trading plan. Avoid making impulsive decisions based on short-term market movements. Focus on long-term strategies and risk management to navigate volatile periods effectively.
📚 Top Reads This Week
- Dow Jones Futures: Trump Tariff Test For Stock Market Isn't Over
An analysis of the market's reaction to renewed tariff threats and upcoming earnings reports.
Read more - Trump announces Nippon Steel and US Steel partnership - as it happened
Coverage of Trump's announcement on tariffs and its impact on global markets.
Read more - WTI remains above $61 but posts weekly loss
Insights into the oil market's performance and factors influencing price movements.
Read more - The Stock Market Had a Bad Week. It's Your Fault.
An exploration of investor behavior and its role in market volatility.
Read more - Stock Market Falls On Trump Tariff Threat; Nvidia Earnings, PCE Inflation Data Due
A look at the factors contributing to the market's decline and upcoming economic indicators.
Read more
Stay informed and maintain a disciplined approach to navigate the current market landscape.(Barron's)
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🖋️ About the Author
Kunal Desai is the founder of Bulls on Wall Street, with over 20 years of trading experience. He’s trained thousands of traders to master not just the tools—but the mindset and strategy behind consistent profitability. His 60-Day Bootcamp is one of the most respected trading programs in the industry.
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