US Stock Markets Surge with Gains Across Major Indexes

» Published: May 16 2025

US Stock Markets Surge with Gains Across Major Indexes
Photo: Johan Nilsson/TT

Share this article

The three leading stock indexes in New York rose on Friday.

The broad S&P 500 index, which gained 0.7 percent, has now closed on plus for five days in a row. The index has also risen four of the last five weeks, boosted by hopes that President Donald Trump will lower the tariffs announced against several countries.

The Dow Jones industrial index rose 0.8 percent and the technology-heavy Nasdaq composite index went up 0.5 percent.

Among individual companies, the Danish pharmaceutical giant Novo Nordisk was notable. The stock fell nearly 3 percent after the announcement that CEO Lars Fruergaard Jørgensen is leaving his post. The company pointed to the stock's decline in recent times.

Counted over the entire past week, the S&P 500 rose 5.4 percent, the Dow Jones 3.4 percent and Nasdaq 7.2 percent.

Tags

Author

TTT
By TTEnglish edition by Sweden Herald, adapted for local and international readers

More news

China's Giant Solar Park in Qinghai: A Symbol of Green Transformation
3 MIN READ

China's Giant Solar Park in Qinghai: A Symbol of Green Transformation

South Korean Workers Detained in US Hyundai Raid to Be Flown Home
1 MIN READ

South Korean Workers Detained in US Hyundai Raid to Be Flown Home

Trump's Eight Strategies to Challenge Wind Power Expansion
4 MIN READ

Trump's Eight Strategies to Challenge Wind Power Expansion

Trump's Opposition to Wind Power Threatens US Turbine Industry
3 MIN READ

Trump's Opposition to Wind Power Threatens US Turbine Industry

Ryanair Cuts One Million Seats in Spain for Winter Season
1 MIN READ

Ryanair Cuts One Million Seats in Spain for Winter Season

Opec+ Plans Oil Production Increase in October
1 MIN READ

Opec+ Plans Oil Production Increase in October

US SEC Ends Swedbank Investigation Without Action
1 MIN READ

US SEC Ends Swedbank Investigation Without Action

Siemens Energy Secures Billion-Euro Deal for Bornholm Energy Island
1 MIN READ

Siemens Energy Secures Billion-Euro Deal for Bornholm Energy Island

88 Postal Operators Halt Package Shipments to USA
1 MIN READ

88 Postal Operators Halt Package Shipments to USA

EU Trade Commissioner Welcomes Potential US Tariff Reduction
1 MIN READ

EU Trade Commissioner Welcomes Potential US Tariff Reduction

Greece Offers Tax Incentives to Attract Returning Workforce
3 MIN READ

Greece Offers Tax Incentives to Attract Returning Workforce

How Greece Transformed Its Economy After Debt Crisis
2 MIN READ

How Greece Transformed Its Economy After Debt Crisis

Trump Considers Three Candidates to Succeed Fed Chief Powell
1 MIN READ

Trump Considers Three Candidates to Succeed Fed Chief Powell

South Korea Expresses Concern Over Mass Arrests at Hyundai Factory in Georgia
2 MIN READ

South Korea Expresses Concern Over Mass Arrests at Hyundai Factory in Georgia

Swedes Face Higher Costs Due to Norway's Fixed Electricity Prices
2 MIN READ

Swedes Face Higher Costs Due to Norway's Fixed Electricity Prices

Nvidia Stock Drops 2.7% Amid New York Market Decline
1 MIN READ

Nvidia Stock Drops 2.7% Amid New York Market Decline

Trump Criticizes EU's $33.9 Billion Fine on Google, Threatens Trade Probe
2 MIN READ

Trump Criticizes EU's $33.9 Billion Fine on Google, Threatens Trade Probe

US Job Market Slows with Only 22,000 New Jobs in August
2 MIN READ

US Job Market Slows with Only 22,000 New Jobs in August

Tesla Board Proposes New Bonus Plan for Elon Musk
1 MIN READ

Tesla Board Proposes New Bonus Plan for Elon Musk

13 Suspected of Insider Trading After Dawn Raid
1 MIN READ

13 Suspected of Insider Trading After Dawn Raid