Global Market Snapshot – May 21, 2025

Global Market Snapshot – May 21, 2025

U.S. Tech Stocks Slip, Gold Shines Amid Volatility

U.S. Stock Market Recap

The major U.S. stock indexes ended lower, halting the S&P 500’s six-day winning streak.

  • The Dow Jones Industrial Average dropped 114.83 points to close at 42,677.24 (–0.27%).
  • The S&P 500 declined 23.14 points, ending at 5,940.46 (–0.39%).
  • The Nasdaq Composite slipped 72.75 points to finish at 19,142.71 (–0.38%).

Tech giants were mostly in the red. Amazon and Google both fell over 1%, while Microsoft, Apple, and Tesla saw modest losses. Netflix managed to post a slight gain.

Travel and cruise stocks took a notable hit, with Norwegian Cruise Line and Airbnb plunging more than 3%.


Commodity Market Highlights

Gold surged on safe-haven demand, with COMEX gold futures rising $51.10 to $3,284.60 per ounce (+1.58%).

Meanwhile, oil prices slipped:

  • U.S. crude (June delivery) fell 13 cents to $62.56 per barrel (–0.21%).
  • Brent crude (July delivery) dropped 16 cents to $65.38 per barrel (–0.24%).

European Market Performance

European equities ended the session on a positive note:

  • FTSE 100 (London): +0.94% to 8,781.12
  • CAC 40 (Paris): +0.75% to 7,942.42
  • DAX (Frankfurt): +0.42% to 24,036.11

Chinese ADRs Under Pressure

U.S.-listed Chinese stocks saw mostly negative movement.

  • The Nasdaq Golden Dragon China Index lost 0.65%.
  • Trip.com fell over 5%, while NIO and iQIYI dropped nearly 2%.
  • Alibaba and Xpeng were also down more than 1%.

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1 Comment

  1. It’s tough seeing Chinese ADRs underperform, especially with the global market uncertainty. Do you think this is more of a short-term dip, or are there longer-term structural issues impacting these stocks?

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