
May 2025 Market Memo
Equity Markets: The S&P 500 has rallied over the past week and a half. After finishing up 4.6% last week, the index has pushed higher by over 2% this week on the heels of positive earnings results and favorable movement on trade talks. The S&P 500 has rallied nearly 16% from its low of 4,835 on April 7. After seeing…