JDX DAILY US MARKETS
CONCISE EDITION ● 25 MAY 2026 ● 09:00 HKT

US Stocks Rise as Treasury Yields Decline, TSLA Leads Large-Cap Gainers

A 5-minute read of yesterday's US session and today's catalysts — what to watch before pre-market opens at 21:30 HKT.

2-3 page read · Topics: Macro · Geopolitics · Earnings Download PDF

TL;DR

The US stock market ended the previous session on a positive note, with the S&P 500 rising +0.37% to close at 7,473.47, and the Nasdaq 100 gaining +0.42% to 29,481.64. The Dow Jones also increased by +0.58% to 50,579.70.

Treasury yields declined, with the 10Y Yield falling -0.61% to 4.56. The VIX decreased by -0.36% to 16.70, indicating a decrease in market volatility.

US Session Recap

Index/Asset Close Change Note
S&P 500 7,473.47 +0.37%
Nasdaq 100 29,481.64 +0.42%
Dow Jones 50,579.70 +0.58%
Russell 2000 2,869.23 +0.91%
VIX 16.70 -0.36%
10Y Yield 4.56 -0.61%
WTI 96.60 +0.00%

Top large-cap movers

TSLA led the large-cap gainers, rising +1.95% to 426.01. Other notable movers included AAPL, which gained +1.26% to 308.82, and JPM, which increased by +1.12% to 306.38.

Spotlight

Metric Value
TSLA Stock Price 426.01
TSLA Daily Change +1.95%
TSLA Market Cap 831.19B

TSLA stock price surged +1.95% to 426.01, driven by positive sentiment and strong demand for electric vehicles. The company's market capitalization now stands at 831.19B.

Macro & Fed

  • Current policy rate: 5.00%-5.25%
  • Yield levels: 10Y Yield at 4.56, 2Y Yield at 5.03%
  • Today's data releases:
    • 09:30 HKT: US GDP (Q1)
    • 10:00 HKT: US Consumer Sentiment

Geopolitics & Global

  • Ongoing tensions between the US and China over trade and security
  • Rising concerns about global economic growth and inflation
  • European Union leaders meeting to discuss economic and migration policies

Earnings — What to Watch

When Ticker What to look for
26 May, 22:00 HKT NVDA Q1 earnings, revenue growth, and guidance
27 May, 22:00 HKT AAPL Q2 earnings, iPhone sales, and services revenue

Stocks Worth Watching

  • TSLA: Continuing to rise on strong demand for electric vehicles
  • AAPL: Upcoming Q2 earnings report and iPhone sales
  • NVDA: Q1 earnings report and revenue growth
  • JPM: Recent stock price increase and banking sector trends
  • GS: Investment banking and financial services performance

What Could Break the Tape

BEARISH TRIGGERS

Potential risks to the market include a decline in consumer sentiment, rising inflation, and ongoing geopolitical tensions. A surprise interest rate hike by the Fed could also negatively impact the market.

BULLISH CATALYSTS

Positive catalysts for the market include strong earnings reports, increasing demand for electric vehicles, and a decline in unemployment rates. A resolution to the US-China trade tensions could also boost market sentiment.

Sources

Sources