How major US stock indexes fared Monday, 5/19/2025
U.S. stocks, bonds and the value of the U.S. dollar drifted Monday following the latest reminder that the U.S government seems to be hurtling toward an unsustainable mountain of debt.
Moody's Ratings became the last of the three major credit-rating agencies to say the U.S. federal government no longer deserves a top-tier 'Aaa' rating.
The S&P 500 edged up 0.1%. The Dow Jones Industrial Average rose 0.3%, and the Nasdaq was little changed.
In the bond market, the 30-year Treasury yield briefly jumped above 5% before calming a bit. The issues Moody's cited in its downgrade are all well known among investors.
On Monday:
The S&P 500 rose 5.22 points, or 0.1%, to 5,963.60.
The Dow Jones Industrial Average rose 137.33 points, or 0.3%, to 42,792.07.
The Nasdaq composite rose 4.36 points, or less than 0.1%, to 19,215.46.
The Russell 2000 index of smaller companies fell 8.82 points, or 0.4%, to 2,104.43.
For the year:
The S&P 500 is up 81.97 points, or 1.4%.
The Dow is up 247.85 points, or 0.6%.
The Nasdaq is down 95.33, or 0.5%.
The Russell 2000 is down 125.72 points, or 5.6%.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
16 minutes ago
- Yahoo
M&S online shopping service to return in days after cyber attack shut down
Online shopping is set to return to Marks and Spencer (M&S) after being shut down more than a month ago following a cyber attack. M&S was hit by a major cyber attack back in April with hackers gaining access to the company's IT systems through a third party after 'human error'. Customer personal data, which could have included names, email addresses, postal addresses and dates of birth, was also taken by hackers. As a result of the cyber attack, M&S was forced to pause all online and app orders and temporarily lay off staff at its Castle Donington clothing and homewares logistics centre. Percy Pigs latest victim of M&S cyber attack by teen gang 🐷. Empty shelves - including some wines and beer too. M&S spokeswoman says that to manage the hack it took 'some systems offline' resulting in 'pockets of limited availability'. Stock isn't coming to stores — Ashley Armstrong (@AArmstrong_says) April 30, 2025 M&S stores have also been left with empty shelves in the past month due to the attack. However, M&S shoppers received good news on Tuesday (June 10) morning, with the retailer revealing it will be bringing back online shopping "this week". In a post on social media, M&S said: "We are bringing back online shopping this week. RECOMMENDED READING: M&S hit by Percy Pig shortage following cyber attack as shoppers left in shock M&S 'truly sorry' as it pauses online and app orders following cyber attack M&S discontinues popular home range leaving shoppers 'devastated' Is M&S's new Dubai-style chocolate worth £8.50? I did a taste test to find out "A selection of our best selling fashion ranges will be available for home delivery to England, Scotland and Wales. "More of our fashion, home and beauty products will be added every day and we will resume deliveries to Northern Ireland and Click and Collect in the coming weeks. "Thank you sincerely for your support and for shopping with us."
Yahoo
17 minutes ago
- Yahoo
After 46-day cyberattack pause, M&S resumes online orders
By James Davey and Paul Sandle LONDON (Reuters) - British retailer Marks & Spencer resumed taking online orders for clothing lines on Tuesday after a 46-day hiatus following a cyberattack. Shares in M&S, one of the best-known names in British business, were up 3% after it restarted standard home delivery in England, Scotland and Wales for the majority of its clothing range. "It's not the full range at the moment, we've focused on best sellers and newness," an M&S spokesperson said. "We'll be bringing product online everyday so customers will see that grow over the coming days." M&S said delivery to Northern Ireland will resume in the "coming weeks", as will click and collect services, next-day delivery, nominated-day delivery and international ordering. The 141-year-old M&S stopped taking clothing and home orders through its website and app on April 25 following problems with contactless pay and click and collect services over the Easter holiday weekend. It first disclosed it had been managing a "cyber incident" on April 22. M&S said last month it expected online disruption to continue into July and forecast the attack would cost it about 300 million pounds ($404 million) in lost operating profit in its 2025/26 financial year, though it hopes to halve the impact through insurance and cost control. The group said hackers broke into its systems by tricking employees at a third-party contractor, skirting its digital defences to launch a cyberattack. ($1 = 0.7429 pounds)
Business Insider
20 minutes ago
- Business Insider
RBC Capital Sticks to Its Hold Rating for CME Group (CME)
RBC Capital analyst Ashish Sabadra maintained a Hold rating on CME Group (CME – Research Report) on June 8 and set a price target of $269.00. The company's shares closed yesterday at $268.35. Confident Investing Starts Here: Sabadra covers the Industrials sector, focusing on stocks such as APi Group, Cintas, and Equifax. According to TipRanks, Sabadra has an average return of 6.1% and a 62.50% success rate on recommended stocks. In addition to RBC Capital, CME Group also received a Hold from KBW's Kyle Voigt in a report issued on June 4. However, on the same day, Oppenheimer reiterated a Buy rating on CME Group (NASDAQ: CME). CME market cap is currently $98.82B and has a P/E ratio of 27.57. Based on the recent corporate insider activity of 99 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of CME in relation to earlier this year. Last month, Daniel Kaye, a Director at CME sold 500.00 shares for a total of $141,205.00.
