Stock Market Today: Dow, S&P Live Updates for May 25
Bloomberg.com • • general
Key Points:
- Global stocks rose, nearing record highs as crude oil prices fell following signals of a potential US-Iran deal to reopen the Strait of Hormuz and resume oil flows.
- The MSCI All Country World Index increased by 0.3%, trading close to its all-time high set earlier this month.
- Asian shares gained 1.4%, with Japan’s Nikkei index surging over 3% to a record high, driven by a rally in tech stocks.
- S&P 500 futures rose 0.9%, approaching a record level, while the US dollar weakened amid the developments.