US Stock Market Sees Mixed but Positive Performance as Technology Sector Leads Gains Podcast By cover art

US Stock Market Sees Mixed but Positive Performance as Technology Sector Leads Gains

US Stock Market Sees Mixed but Positive Performance as Technology Sector Leads Gains

Listen for free

View show details

About this listen

 On Wednesday, May 14, 2025, the US stock market saw mixed but generally positive performance. The S&P 500 edged up by 0.10 percent, or 5.92 points, to close at 5,892.58, extending its gains for the third consecutive day and pushing the benchmark index into positive territory for the year.

The Nasdaq Composite outperformed, rising by 0.72 percent, or 137.69 points, to end at 19,146.81, driven largely by the technology sector. In contrast, the Dow Jones Industrial Average slipped by 0.21 percent, or 89.37 points, to finish at 42,051.06.

Key factors driving the market direction included significant gains in technology stocks. Nvidia surged over 3 percent after announcing it will supply Saudi Arabia with more than 18,000 of its high-end AI chips. AMD also climbed more than 4 percent following the announcement of a 6 billion dollar share buyback. Other notable gainers included Tesla, which rose by 2.7 percent, and Super Micro Computer, which soared 17 percent after entering a 20 billion dollar partnership with a Saudi-based data center operator.

The technology sector was the top performer, while real estate and utilities underperformed. Major stocks like Apple and Amazon traded around the flatline, while Microsoft, Meta, and Alphabet also saw gains.

In terms of market-moving news, the recent US-China tariff reductions continued to influence market sentiment, although the momentum from this rally appeared to be waning. Investors were also watching President Trump’s visit to the Middle East, which drew attention from markets.

Looking forward, pre-market futures indicated a steady start to the next trading day. Key events to watch for tomorrow include any further developments from President Trump’s visit and potential economic data releases. Important upcoming earnings releases and any significant corporate announcements could also act as market catalysts.

Overall, the market remains optimistic, particularly in the technology sector, but is cautious about broader economic and geopolitical factors.
adbl_web_global_use_to_activate_T1_webcro805_stickypopup
No reviews yet