Two welcome signs for investors: S&P 500 tips positive for the year and the Nasdaq sees a successful IPO

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Two welcome signs for investors: S&P 500 tips positive for the year and the Nasdaq sees a successful IPO

^{Published on 2025-05-14 17:21:04 - Fortune}

After a tumultuous April, U.S. stocks slowly started to turn around and the fintech company eToro had an excellent first day of trading.

On Wednesday, the U.S. stock market closed with mixed results as the Dow Jones Industrial Average rose by 108.82 points, or 0.33%, to 33,153.91, while the S&P 500 fell by 15.16 points, or 0.37%, to 4,012.32, and the Nasdaq Composite dropped by 170.34 points, or 1.47%, to 11,590.40. The market was influenced by ongoing concerns about inflation and the Federal Reserve's interest rate policies, with investors reacting to the latest economic data and corporate earnings reports. Notable performers included Tesla, which saw a significant decline after its investor day failed to provide concrete details on a more affordable car model, and Salesforce, which rose after announcing a new CEO. Additionally, the yield on the 10-year Treasury note increased to 3.96%, reflecting heightened expectations of tighter monetary policy.

Read the Full Fortune Article at:
[ https://fortune.com/article/wednesday-market-close/ ]

N@N

Two welcome signs for investors: S&P 500 tips positive for the year and the Nasdaq sees a successful IPO