Week in Review – Ending May 23, 2025

📈 Global and U.S. Market & Economic News

This week, global markets experienced heightened volatility due to escalating trade tensions. President Donald Trump announced intentions to impose a 50% tariff on European Union imports and a 25% tariff on smartphones manufactured outside the U.S., directly impacting major tech companies like Apple and Samsung. These announcements led to significant declines across global markets. 

In Europe, Germany’s DAX fell 1.6%, and France’s CAC 40 dropped 1.7%.  Asian markets closed before the announcements, resulting in mixed performances.

U.S. Markets

• Dow Jones Industrial Average: 41,717.41 (-0.34%)

• S&P 500: 5,814.45 (-0.47%)

• Nasdaq Composite: 18,872.60 (-1.0%)

All major U.S. indices recorded losses for the week, with the S&P 500 experiencing its worst week in seven. 

Canada

• S&P/TSX Composite Index: 25,889.73

  
  

Europe

• ATX (Austria): 4,383.54

• BEL 20 (Belgium): 4,487.25

• CAC 40 (France): 7,734.40

• DAX (Germany): 23,629.58

• AEX (Netherlands): 917.39

• OSE (Norway): 1017.37

• OMXSPI (Sweden): 938.63

• Swiss Market Index: 12,380.36

• FTSE 100 (UK): 8,717.97

• IBOVESPA (Brazil): 137824.00

  
  

🌏 Asia-Pacific

• Shanghai Composite (China): 3,348.37

• Hang Seng Index (Hong Kong): 23,601.26

• Nikkei 225 (Japan): 37,160.47

• Taiwan Weighted Index: 21,652.24

• Straits Times Index (Singapore): 3,873.45

• ASX 200 (Australia): 8,360.90

• NZX 50 (New Zealand): 12,662.74

  
  

💱 Cryptocurrency

Cryptocurrency markets experienced notable movements this week. Bitcoin surged, reflecting investor interest amid traditional market volatility. 

🛢️ Commodities

• Oil (Crude): 61.76

• Gold: 3357.70

  
  

💵 Bond Market

• U.S. 10-Year Treasury Yield: 4.5090

• U.S. 30-Year Treasury Yield: 5.0310

  
  

🔮 Closing Thoughts & Looking Ahead

The week was marked by significant market volatility, primarily driven by renewed trade tensions between the U.S. and its global partners. Investors should remain vigilant, as further developments in trade policies and geopolitical events are likely to influence market dynamics in the coming weeks.

Disclosure: The information provided herein is for informational purposes only and should not be construed as investment advice. Market conditions are subject to change, and past performance is not indicative of future results. Please consult with a financial advisor before making any investment decisions.