CNBC Business News Update Market Close: Stocks Mixed Friday, May Was A Winning Month For The Major Averages, Stocks Flat For The Year 5/30/25
May 30, 2025
As June trading kicks off, analysts dissect mixed performances from major indices. Bitcoin is on the rise, while coffee prices are dipping. The podcast delves into U.S.-China trade relations, highlighting national security in future agreements. Listeners gain insights into personal income growth and inflation challenges. Retail giants like Walmart and Costco are adapting to rising costs. Plus, the intersection of sports and brand value is explored with a nod to an upcoming feature on Steph Curry.
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Stocks Strong in May, Flat Year
- May was a winning month for stocks, with the S&P 500 having its best month in two years.
- However, overall stock performance in 2025 remains flat so far.
Trade Tensions Impact Markets
- Investors closely watch trade tensions with China amid reports of new tech sanctions by President Trump.
- China criticized Washington for what it calls abuse of chip exports, increasing uncertainty.
Jamie Dimon's China Experience
- J.P. Morgan CEO Jamie Dimon recently returned from China, observing the country is well-prepared for current tensions.
- He noted China deploys massive engineering resources and does not plan to engage the U.S. on tech.