Global Market Snapshot – May 2, 2025

Global Market Snapshot – May 2, 2025

Major Index Performance

Index Price Change % Change
S&P 500 5,604.14 +35.08 +0.63%
Dow Jones Industrial Average 40,752.96 +83.60 +0.21%
NASDAQ Composite 17,710.74 +264.40 +1.52%
FTSE 100 8,556.18 +59.38 +0.70%
DAX 22,847.66 +350.68 +1.56%
CAC 40 7,702.57 +108.70 +1.43%
Hang Seng Index 22,504.68 +385.27 +1.74%
S&P/ASX 200 8,238.00 +92.40 +1.13%
Shanghai Composite (Apr 30) 3,279.03 -0.23% No update on May 2

Market Overview

U.S. markets extended gains, with all three major indexes closing higher. The rally was led by tech stocks:

  • Dow Jones: ▲ +300.03 (+0.75%)
  • S&P 500: ▲ +32.08 (+0.58%)
  • Nasdaq: ▲ +95.18 (+0.55%)

Tech Stocks

  • Tesla, Netflix: ▲ over 2%
  • Apple: ▲ over 1%
  • Microsoft, NVIDIA, Meta: ▲ slight gains
  • Google, Amazon: ▼ marginal declines

Chinese ADRs (Nasdaq Golden Dragon Index)

▼ -0.3% overall.

  • Xpeng Motors: ▼ over 6%
  • Shell, NIO, Baidu: ▼ over 1%
  • New Oriental: ▲ over 4%
  • Futu Holdings, Bilibili, Overlord Tea Princess: ▲ over 2%
  • Ctrip, JD.com, Vipshop, Tencent Music: ▲ modest gains

European Markets

  • FTSE 100: ▲ +46.12 (+0.55%) to 8,463.46
  • DAX: ▲ +154.16 (+0.69%) to 22,425.83
  • CAC 40: ▼ -17.89 (–0.24%) to 7,555.87

Commodities

  • U.S. crude (NYMEX June): ▼ -$1.63 (–2.63%) to $60.42/barrel
  • Brent crude (ICE June): ▼ -$1.51 (–2.33%) to $63.28/barrel
  • COMEX Gold (June): ▼ -$14.10 (–0.42%) to $3,333.60/oz

Conclusion

Global markets saw widespread gains led by U.S. tech stocks and strong rallies in Europe and Asia. Chinese ADRs showed mixed movement, and commodities pulled back amid supply concerns. 

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