What’s open and closed in Philly for Memorial Day
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President Donald Trump ended the week on a grumpy note, rattling his tariff saber — and stock-market investors — on Friday as he threatened levies on Apple Inc. and the European Union. But for all the renewed trade drama,
Wall Street is assessing President Trump''s tariff salvo on Apple and what his giant tax bill means for the deficit and the economy.
The 50-day moving average is a short- to mid-term trend indicator. When a stock is above its rising 50-day MA, it has about a 67% chance of closing higher the next day. That trend flips bearish when the 50-day is sloping downward. This “technical rule” can be used effectively on stocks, ETFs and market indices.
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24/7 Wall St. on MSNStock Market Live May 23: S&P 500 (VOO) Falling as Trump Slices Apple and EUThis article will be updated throughout the day, so check back often for more daily updates. President Trump spooked investors Friday, threatening Apple (Nasdaq: AAPL) with 25% tariffs on iPhones manufactured outside the U.
As the stock market has rallied back, stocks within the S&P 500 aren't all moving together off tariff headlines.
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The S&P 500 pulled back 2% during the first four trading sessions this week, but it was essentially flat for 2025 through May 22, with dividends reinvested. So some investors might still have been sighing with relief, considering that the large-cap U.S. benchmark had been down 15% for the year through April 8.
This market leader may be out of favor today, but the pessimistic sentiment toward the stock may not stick around.
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The S&P 500 recently flashed a technical sell signal, Bank of America said, which can suggest a near-term drop in stock prices.
Investors have a chance to lock in higher yields of 4 or 5 percent, which is only slightly below long-term stock market returns, Braxton says. The bonds come with a lot less risk than stocks, making it a great time to diversify your portfolio between the two asset classes, she added.
Investors worried about the US debt pile are weighing the House vote to approve President Trump's "big, beautiful" tax bill.