Wall Street’s S&P 500 gains 6% in May
Donald Trump’s ‘big, beautiful’ budget bill could make or break the market trend
Stronger than expected consumer confidence reading adds to buoyant investor mood
Market Questions is the FT’s guide to the week ahead
Analysts warn legislation represents ‘sledgehammer strikes’ to green power industry in the US
Stocks also slide after lacklustre $16bn auction for 20-year Treasuries
Inflated stock prices may have been mistaken for growth-driven superiority
Someone alert WallStreetBets
World ex-US funds have long been out of favour but have attracted $2.1bn in assets over past three months
And Coinbase joins the S&P 500
Yields on 30-year US Treasuries hit highest level since 2023 on debt concerns
The notion that Trump Always Chickens Out on difficult policy resulted in a strange, shaky rally
Any trade agreement with China will not settle questions over the ongoing supremacy of US capital markets
The end of the Kurdish militant group could have big political implications for the Turkish
Easing tariff concerns spur optimism about outlook for IPO market
Fund managers were positioning for a US economic downturn before America and China forged a trade pact
Plans to float shares highlight how confidence is returning on Wall Street as Trump softens stance on tariffs
Inflation data helps Wall Street benchmark rebound from 15% fall sparked by Donald Trump’s tariffs
Record number of small listings comes despite lacklustre market for big public offerings
Deal stokes optimism among investors that Donald Trump will de-escalate trade war
Big Tech put a gloss on earnings season, but things don’t look great below the surface
Shake it till it shrinks
Strong start to earnings season and market sell-off make repurchases attractive, as trade war weighs on corporate outlook
Rally in S&P 500 index comes after solid jobs data