Wall Street Extends Rally On Trade Deal Optimism, Shrugs Off Inflation Worries

Quick Summary:

US stocks capped off one of their best weeks in recent memory on May 16, extending gains on renewed optimism over easing trade tensions between the US and China and growing confidence in global trade diplomacy.The S&P 500 climbed 0.

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Article Details

Author / Journalist: Adrian Phung

Category: InvestingBusiness

Markets: MalaysiaChinaIndiaPakistan

Topics: Wall street Markets US stocks

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-17 @ 00:39:22 (20 hours ago)

News Timezone: GMT +8:00

News Source URL: businesstoday.com.my

Language: English

Article Length: 269 words

Reading Time: 2 minutes read

Sentences: 11 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Today

News ID: 28754369

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About Business Today

Main Topics: InvestingBusiness

Official Website: businesstoday.com.my

Update Frequency: 5 posts per day

Year Established: 2001

Headquarters: Malaysia

News Last Updated: 19 hours ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #73

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