U.S. markets end flat after gains, investors await tariff developments
U.S. markets ended the week mostly unchanged after two days of gains, as investors awaited further developments in trade tariffs.
Weekly Bulletin - World
May outlook: U.S. market in the “eye of the hurricane” with volatility ahead
Despite a moment of relative calm, analysts point to a high likelihood of increased volatility in the coming months amid trade negotiations and slowing economic growth.
U.S.-UK agreement sets minimum 10% tariff, signaling tougher trade stance
The new agreement between the U.S. and UK sets tariffs of at least 10%, suggesting that protectionist measures will persist in international trade.
Gold retreats after U.S.-UK deal as focus shifts to U.S.-China talks
Gold prices fell following the announcement of a trade deal between the U.S. and UK, as markets turned their attention to upcoming talks between the U.S. and China.
China-U.S. trade talks begin in Geneva
Trade negotiations between China and the U.S. kicked off in Geneva, though analysts have low expectations for significant progress due to high levels of distrust.
U.S. Treasury Secretary urges Congress to raise debt ceiling by July
The U.S. Treasury Secretary called on Congress to raise the debt ceiling by mid-July to avoid default risks and turmoil in global markets.
Federal Reserve adopts cautious stance, awaits more data before rate decision
The Cleveland Fed President said the central bank needs more information on the impacts of tariffs and other policies before deciding on interest rates.
Rising cost to hedge U.S. debt signals political uncertainty
The cost of hedging against a U.S. debt default has increased in recent weeks, reflecting investor concerns over political disputes on the debt limit.
Investors eye possible leadership shift in U.S. market amid key data
With a week full of key indicators, analysts watch for signs that risk appetite may shift market leadership to less defensive sectors.
Indonesia's coal exports see rare 2025 drop, hit by weak China and India demand
Indonesia’s thermal coal exports fell to a three-year low, driven by reduced demand from its two largest buyers, China and India.
Top Gainers
- Microchip Technology (MCHP): Rose 11.64%, driven by strong financial results and growth expectations in the semiconductor sector, which sees high demand for electronic components.
- Lumen Technologies (LUMN): Gained 5.53%, benefiting from operational improvements and recent contracts that boosted recurring revenue.
- Tesla (TSLA): Increased 4.72%, supported by positive news on vehicle deliveries and advances in battery technology, reinforcing its leadership in the electric vehicle market.
- Gap Inc. (GPS): Grew 4.38%, with recovery in both physical and online sales, along with strategic adjustments in its brand portfolio.
- Texas Instruments (TXN): Rose 4%, reflecting strong demand for semiconductors and quarterly results that exceeded market expectations.
Top Losers
- Akamai Technologies (AKAM): Dropped 9.75%, impacted by disappointing results and concerns over growing competition in the cloud services and digital security sector.
- Expedia Group (EXPE): Fell 7.78%, due to uncertainties in the travel and tourism sector, with concerns over a slowdown in global demand.
- Illumina (ILMN): Declined 4.8%, pressured by weak financial results and downward revisions in growth projections.
- Viatris (VTRS): Dropped 3.52%, affected by regulatory challenges and declining sales of key medications.
- Organon International (OGN): Fell 3.44%, reflecting concerns over its product pipeline and competition in the pharmaceutical sector.
