Trading results for 27 May 2025

The U.S. stock market closed Tuesday in positive territory, supported by President Trump’s decision to extend the tariff negotiation period with the European Union and an improvement in U.S. consumer confidence after five months of decline.

Over the weekend, Donald Trump agreed to postpone the introduction of 50% tariffs on EU goods from 1 June to 9 July, at the request of European Commission President Ursula von der Leyen.

Investors also found support in macroeconomic data. The Consumer Confidence Index rose more than expected – from 88.1 in April to 98.0 in May, according to the Conference Board. The mood was lifted by easing trade tensions between the U.S. and China. “The rebound was already visible before the May 12 US-China trade deal but gained momentum afterwards,” noted Stephanie Guichard, Senior Global Economist at the Conference Board.

All of this contributed to a strong trading session that ended near the daily highs. The NASDAQ Composite index of technology stocks fully recouped last week’s losses in one move, climbing 2.47%. Other U.S. indexes also posted solid gains. The Dow Jones Industrial Average (DJIA‑30) rose by 1.78%, and the broader S&P 500 index advanced by more than 2% (+2.05%).

While only the NASDAQ Composite managed to completely erase last week’s losses in the U.S., both ITS indexes not only recovered but comfortably surpassed their previous declines. The ITS World Index (ITSW) of global companies rose by 1.58% yesterday, more than offsetting last week’s 0.57% loss. The ITS Shariah Index (ITSS) posted an even more impressive result, surging 2.61% – well above the 1.7% drop seen over the previous five sessions.

Investor sentiment and appetite for risk were clearly reflected in the top 10 performing stocks within the ITSS index. Notably, all 30 constituents closed the day in the green – a very rare event. Of the top 10, nine were technology stocks, and just one came from the medical sector – Thermo Fisher (TMO). However, given the company’s focus on diagnostic medical equipment, it too can be fairly classified as a technology firm.

In short, the long three‑day weekend clearly did investors good. Rested and recharged, they returned to the market in buying mode, pushing stocks and indexes off their 200‑day moving averages and back onto an upward trend. Let’s hope this renewed optimism lasts at least through the end of the week.