U.S. stock markets experienced a mixed trading session on Thursday, May 22, 2025, initially recovering from losses as Treasury yields decreased. The Dow Jones remained nearly unchanged, closing at 41,859.09. The S&P 500 dipped slightly to 5,842.01, while the Nasdaq saw a small increase, reaching 18,925.74.
The House passed a tax and spending bill expected to increase the U.S. debt. Investors are also considering the impact of tariffs on U.S. imports and rising interest rates. The U.S. 10-year note yield fell to 4.543% after hitting its highest level since February.
Eight of the S&P 500 subsectors finished lower, led by utilities and healthcare, while megacap growth stocks, including Nvidia and Amazon, gained. Trading volume on U.S. exchanges reached 16.09 billion shares. The mixed performance reflects ongoing investor uncertainty surrounding fiscal policy and economic conditions.