Story perspectives
U.S. Markets Stabilize Amid Trade Truce and Caution
5/20/2025
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Story summary
- U.S. stock markets experienced volatility, dropping in the morning but recovering later on Monday.
- Treasury Secretary Scott Bessent eased economic worries, while J.P. Morgan's CEO cautioned about stagflation risks.
- On Friday, the Dow increased by 0.8%, Nasdaq by 0.5%, and S&P 500 by 0.7%, despite weak economic data.
- A U.S.-China trade truce halted tariff implementations, boosting market sentiment.
