Stock Market Update
08-May-25 15:35 ET
Stocks sit at highs ahead of the close
Dow +543.09
at 41657.06,
Nasdaq +335.76
at 18073.92,
S&P +74.56
at 5705.84
[BRIEFING.COM] Stocks remain near session highs after news that the US is considering lowering tariffs on China to 50% next week before long trade deal talks begin.
Treasuries settled sharply lower. The 10-yr yield settled ten basis points higher at 4.37% and the 2-yr yield settled ten basis points higher at 3.89%.
Looking ahead to Friday, there is no US economic data on the calendar.
