LEIBOVIT NEWSLETTERS – AKA VRTRADER.COM – THURSDAY – MAY 29, 2025
AS OF JULY 21, 2025 – BEGINNING OUR 46TH YEAR -ALL NEWSLETTERS WILL BE PUBLISHED WEEKLY SUPPLEMENTED WITH DAILY BULLETINS AND MODEL PORTFOLIO UPDATES AS NEEDED
U.S. Stocks Close Lower Ahead Of Nvidia Earning
After showing a lack of direction throughout much of the session, stocks moved to the downside in the latter part of the trading day on Wednesday.
The major averages all moved lower late in the day partly offsetting the strong gains posted in the previous session.
The Dow declined 244.95 points or 0.6 percent to 42,098.70, the Nasdaq fell 98.23 points or 0.5 percent to 19,100.94 and the S&P 500 slid 32.99 points or 0.6 percent to 5,888.55.
The choppy trading seen for most of the day came as traders seemed reluctant to make significant moves ahead of the release of earnings news from AI darling and market leader Nvidia (NVDA).
Shares of Nvidia, which is scheduled to release its fiscal first quarter results after the close of today’s trading, decreased by 0.5 percent on the day.
Lingering uncertainty […]
LEIBOVIT VR NEWSLETTERS AKA VRTRADER.COM – WEDNESDAY – MAY 28, 2025
AS OF JULY 21, 2025 – BEGINNING OUR 46TH YEAR -ALL NEWSLETTERS WILL BE PUBLISHED WEEKLY SUPPLEMENTED WITH DAILY BULLETINS AND MODEL PORTFOLIO UPDATES AS NEEDED
US Market Commentary
Trump’s Delay Of EU Tariffs Sparks Rally On Wall Street
After moving sharply higher early in the session, stocks saw further upside over the course of the trading day on Tuesday. With the strong upward move, the major averages largely offset the steep losses posted last week.
The Nasdaq shot up 461.96 points or 2.5 percent to 19,199.16, the S&P 500 surged 118.72 points or 2.1 percent to 5,921.54 and the Dow jumped 740.58 points or 1.8 percent to 42,343.65.
The rally on Wall Street came after President Donald Trump announced he is delaying a threatened 50 percent tariff on imports from the European Union.
“I received a call today from Ursula von der Leyen, President of the European Commission, requesting an extension on the June 1st deadline on the 50% Tariff with respect to Trade and the European Union,” Trump said in […]
