Asia And Europe Markets Slide, Crude Oil Drops On OPEC+ Output Risk - Global Markets Today While US Slept
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 22 2025
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Source: Benzinga
U.S. Market Performance: On May 21, U.S. markets closed lower due to rising Treasury yields and concerns over Trump's tax cuts increasing national debt, with major indexes experiencing their worst losses in a month. The Dow fell 1.91%, S&P 500 dropped 1.61%, and Nasdaq slipped 1.41%.
Global Market Trends: Asian markets also declined, with Japan's Nikkei 225 down 0.92% and Australia's S&P/ASX 200 falling 0.45%. European indices like the STOXX 50 and Germany's DAX also reported losses, while commodities such as crude oil and gold saw price declines amid oversupply fears and weak demand.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
