Asia In Red, Europe Edges Higher, Dollar Gains - Global Markets Today While US Slept
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 30 2025
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Source: Benzinga
U.S. Market Performance: On May 29, U.S. markets closed higher, driven by Nvidia's strong earnings despite concerns over reduced sales in China and the reinstatement of Trump-era tariffs. Economic indicators showed a slight contraction in GDP and an increase in jobless claims.
Global Market Trends: Asian markets experienced declines, particularly Japan's Nikkei 225, while European indices showed gains. The U.S. dollar weakened amid renewed tariff uncertainties, impacting investor sentiment across global markets.
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.
