S&P 500 closes out best month since 2023

The S&P 500 closed out May on Friday to mark its biggest month in over a year and a half, after gaining 6% in the past month, despite closing roughly even for the day.

The record comes after the stock market saw a rocky  April amid reactions to President Donald Trump’s steep tariffs. But all three major indices saw a good month in May, with both the Nasdaq and S&P 500 marking their best month since November of 2023, per Reuters.

The Dow Jones Industrial Average closed with a 0.1% gain on Friday, while the Nasdaq composite fell 0.3%, according to the Associated Press. 

The numbers come as tension with China remains high over an impending trade deal. Trump accused China of violating a “fast deal” he made with them after he imposed steep tariffs on the country, but later sounded optimistic that a trade deal was still possible.

Misty Severi is a news reporter for Just The News. You can follow her on X for more coverage.