Asia And Europe Markets Slide, Oil Gains 3% - Global Markets Today While US Slept

On Friday, May 30, U.S. markets closed mixed. The S&P 500 ended flat but logged its strongest monthly gain since late last year, fueled by easing trade tensions, upbeat earnings, and subdued inflation. The Nasdaq also posted a solid monthly rise. Markets fluctuated on Trump’s conflicting trade signals, while investors held firm on rate cut expectations this fall.

In economic data, Consumer sentiment was revised to 52.2 in May from 50.8, while the Chicago PMI dropped to 40.5 from 44.6, indicating softer manufacturing.

Most S&P 500 sectors ended lower Friday, led by losses in energy, consumer discretionary, and tech. Consumer staples and utilities outperformed, closing higher.

The Dow closed higher by 0.13% at 42,270.07, the S&P 500 declined 0.01% to 5,911.69, ...