27.05.202510:40 Forex Analysis & Reviews: Update on US stock market on May 27. Market picking up steam

This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.

S&P500

Snapshot of key US stock indices on Monday: Dow: -0%, NASDAQ: -0%, S&P 500: -0%, S&P 500 at 5802, with a trading range of 5400–6200.

On Monday, US index futures showed a notable rise in electronic trading. The S&P 500 (SPX) closed at 5,868 with a gain of about 1%. The reason behind the rally was Donald Trump's announcement that he would postpone the planned 50% tariffs on the EU until July 9, following a conversation with Ursula von der Leyen of the European Commission. Trump had initially said the tariffs would take effect on June 1.

However, the decision to impose a 25% tariff on all Apple iPhones manufactured outside the US remains in force. As one might guess, nearly all iPhones are currently produced abroad. Manufacturing them domestically would be impractical due to high US labor costs for simple assembly tasks. This is a major blow to Apple's business.

The US stock market was closed on Monday in observance of Memorial Day.

Energy market Brent crude is now trading at $64.50 per barrel. Oil is trading in a narrow range without a strong directional impulse. The market is under pressure from weak Chinese economic data, which stems from Trump's new tariffs, even though the tariff rate has been slashed from a staggering 145% to the current 30%, that level is still effectively prohibitive for many goods.

Conclusion The rally in US electronic trading on Monday indicates that the US stock market's bullish momentum is far from exhausted. The strategy remains to buy on dips.

Back to the list

Open trading account

InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.