{"id":49514,"date":"2025-05-26T13:28:53","date_gmt":"2025-05-26T18:28:53","guid":{"rendered":"https:\/\/thestockmarketwatch.com\/stock-market-news\/stock-market-recap-memorial-day-edition-whats-next-after-fridays-tariff-driven-decline\/49514\/"},"modified":"2025-05-26T13:28:53","modified_gmt":"2025-05-26T18:28:53","slug":"stock-market-recap-memorial-day-edition-whats-next-after-fridays-tariff-driven-decline","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/stock-market-recap-memorial-day-edition-whats-next-after-fridays-tariff-driven-decline\/49514\/","title":{"rendered":"Stock Market Recap: Memorial Day Edition &#8211; What&#8217;s Next After Friday&#8217;s Tariff-Driven Decline"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/stock-market-recap-memorial-day-edition-whats-next-after-fridays-tariff-driven-decline\/49514\/#Market_Closed_Today_as_Investors_Look_Ahead_to_Post-Holiday_Trading\" >Market Closed Today as Investors Look Ahead to Post-Holiday Trading<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/stock-market-recap-memorial-day-edition-whats-next-after-fridays-tariff-driven-decline\/49514\/#Fridays_Market_Performance_Tariff_Concerns_Drive_Declines\" >Friday&#8217;s Market Performance: Tariff Concerns Drive Declines<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/stock-market-recap-memorial-day-edition-whats-next-after-fridays-tariff-driven-decline\/49514\/#Key_Stocks_in_Focus\" >Key Stocks in Focus<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/stock-market-recap-memorial-day-edition-whats-next-after-fridays-tariff-driven-decline\/49514\/#Upcoming_Market_Events_This_Week\" >Upcoming Market Events This Week<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/stock-market-recap-memorial-day-edition-whats-next-after-fridays-tariff-driven-decline\/49514\/#Market_Outlook_Tariff_Concerns_and_Inflation_Pressures\" >Market Outlook: Tariff Concerns and Inflation Pressures<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/stock-market-recap-memorial-day-edition-whats-next-after-fridays-tariff-driven-decline\/49514\/#Conclusion_What_to_Watch_When_Trading_Resumes\" >Conclusion: What to Watch When Trading Resumes<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Market_Closed_Today_as_Investors_Look_Ahead_to_Post-Holiday_Trading\"><\/span>Market Closed Today as Investors Look Ahead to Post-Holiday Trading<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The U.S. stock market is closed today, Monday, May 26, 2025, in observance of Memorial Day. This federal holiday gives investors a chance to reflect not only on those who gave their lives in service to the country but also on last week&#8217;s market performance and what lies ahead when trading resumes tomorrow.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Fridays_Market_Performance_Tariff_Concerns_Drive_Declines\"><\/span>Friday&#8217;s Market Performance: Tariff Concerns Drive Declines<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Last Friday, May 23, major indexes closed lower after President Trump renewed trade tensions with threats of new tariffs. The <b><a href=\"https:\/\/stockmarketwatch.com\/indices\/dowjones\/today\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Dow Jones Today\">Dow Jones<\/a> Industrial Average<\/b> fell 256.02 points (0.61%) to close at 41,603.07. The <b><a href=\"https:\/\/stockmarketwatch.com\/indices\/sp500\/today\" data-internallinksmanager029f6b8e52c=\"3\" title=\"snp500 today\">S&#038;P 500<\/a><\/b> dropped 0.67% to 5,802.82, while the <b>Nasdaq Composite<\/b> declined 1%, settling at 18,737.21.<cscitation citation_id=\"task_1__2\"><\/cscitation><\/p>\n<p>These declines added to weekly losses, with all three major indexes down more than 2% for the week. The market reaction came after President Trump suggested implementing a 50% tariff on European Union goods starting June 1, 2025, stating that trade discussions with the EU &#8220;are going nowhere.&#8221; Additionally, he warned Apple that iPhones sold in the U.S. must be manufactured domestically or face a tariff of at least 25%, causing Apple shares to fall 3% on Friday.<cscitation citation_id=\"task_1__2\"><\/cscitation><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Key_Stocks_in_Focus\"><\/span>Key Stocks in Focus<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Several notable stocks made significant moves on Friday:<\/p>\n<p>&#8211; <b>Apple (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=AAPL\">AAPL<\/a>)<\/b> dropped 3% following Trump&#8217;s tariff threats specifically targeting the company&#8217;s iPhone production.<cscitation citation_id=\"task_1__2\"><\/cscitation><\/p>\n<p>&#8211; <b>United States Steel (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=X\">X<\/a>)<\/b> surged 21% after Trump announced a potential &#8220;partnership&#8221; with Nippon Steel, following the earlier blocking of a takeover bid by the Japanese company.<cscitation citation_id=\"task_1__2\"><\/cscitation><\/p>\n<p>&#8211; <b>Philip Morris (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=PM\">PM<\/a>)<\/b> reached all-time highs dating back to its 2008 spinoff from Altria.<cscitation citation_id=\"task_1__2\"><\/cscitation><\/p>\n<p>&#8211; <b>GE Vernova (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=GEV\">GEV<\/a>)<\/b> hit all-time highs since its April 2024 spinoff from GE.<cscitation citation_id=\"task_1__2\"><\/cscitation><\/p>\n<p>&#8211; <b>Intuit (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=INTU\">INTU<\/a>)<\/b> traded at all-time-high levels dating back to its 1993 IPO.<cscitation citation_id=\"task_1__2\"><\/cscitation><\/p>\n<p>Meanwhile, several stocks hit 52-week lows, including <b>CarMax (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=KMX\">KMX<\/a>)<\/b>, <b>Campbell Soup Company (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=CPB\">CPB<\/a>)<\/b>, <b>Kraft Heinz (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=KHC\">KHC<\/a>)<\/b>, and <b>Revvity (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=RVTY\">RVTY<\/a>)<\/b>.<cscitation citation_id=\"task_1__2\"><\/cscitation><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Upcoming_Market_Events_This_Week\"><\/span>Upcoming Market Events This Week<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>When trading resumes on Tuesday, May 27, investors will have several key economic reports and events to monitor:<\/p>\n<p>&#8211; <b>Tuesday, May 27:<\/b> Durable Goods Orders for April, S&#038;P\/Case-Shiller Home Price Index for March, and Consumer Confidence data for May will be released. Germany&#8217;s GfK Consumer Confidence and France&#8217;s preliminary inflation figures will also be published.<cscitation citation_id=\"task_3__3\"><\/cscitation><\/p>\n<p>&#8211; <b>Wednesday, May 28:<\/b> The Federal Reserve will release minutes from its May meeting, providing insights into potential rate cut timing amid tariff uncertainties. Australia will publish its monthly CPI data, and the Reserve Bank of New Zealand will announce its interest rate decision.<cscitation citation_id=\"task_3__3\"><\/cscitation><\/p>\n<p>&#8211; <b>Thursday, May 29:<\/b> The Bank of Korea will make its interest rate decision, and Japan will release Consumer Confidence data for May.<cscitation citation_id=\"task_3__3\"><\/cscitation><\/p>\n<p>&#8211; <b>Friday, May 30:<\/b> Canada will publish its first-quarter GDP figures, which are expected to show near-stagnant growth according to PMI indications.<cscitation citation_id=\"task_3__3\"><\/cscitation><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Market_Outlook_Tariff_Concerns_and_Inflation_Pressures\"><\/span>Market Outlook: Tariff Concerns and Inflation Pressures<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The market enters the shortened trading week with ongoing concerns about potential tariffs and their impact on inflation. According to recent data, manufacturing input inventory has seen its largest build-up ever recorded by the S&#038;P Global PMI, reflecting intensifying supply shortages and the largest spike in prices since November 2022.<cscitation citation_id=\"task_3__3\"><\/cscitation><\/p>\n<p>However, there may be some positive developments on the horizon. Despite the Memorial Day market holiday, futures markets remained open, and Monday&#8217;s jump in futures suggests traders are welcoming the latest news on U.S.-EU trade talks. President Trump has reportedly delayed the tariff hike that was originally set to take effect immediately, buying time for further discussions with the European Commission.<cscitation citation_id=\"task_2__2\"><\/cscitation><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion_What_to_Watch_When_Trading_Resumes\"><\/span>Conclusion: What to Watch When Trading Resumes<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>As investors return from the holiday, market focus will likely remain on trade tensions, inflation data, and central bank policies. The FOMC minutes on Wednesday will be particularly important for gauging the Federal Reserve&#8217;s thinking on interest rates, with S&#038;P Global Market Intelligence forecasting rates to remain unchanged until December.<cscitation citation_id=\"task_3__3\"><\/cscitation><\/p>\n<p>Technical indicators show the Nasdaq is in a rising trend channel in the medium-long term, signaling increasing optimism among investors despite Friday&#8217;s pullback. The index is testing support at 18,600 points, which could provide a positive reaction when trading resumes.<cscitation citation_id=\"task_1__3\"><\/cscitation><\/p>\n<p>With a busy economic calendar ahead and ongoing trade uncertainties, investors should prepare for potential volatility as markets reopen on Tuesday, May 27.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Market Closed Today as Investors Look Ahead to Post-Holiday Trading The U.S. stock market is closed today, Monday, May 26, 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