US stocks were mixed on Friday, with the S&P 500 looking to record fifth consecutive profits.
Wall Street hovered near 5,920 with the S&P 500 rising 0.1% to nearly 5,920 as the market opened during the week’s final trading session. Having recorded four consecutive days of profits, the benchmark index was able to notch on five consecutive wins to strengthen investors’ trust.
The S&P 500 has grown by 4.5% over the past week. In particular, they continue to gather after erasing all of their losses in 2025.
The Dow Jones Industrial Average and Nasdaq Composite showed mixed performance. In early trading, the Dow fell 70 points, with the Nasdaq earning more than 0.2%. Going forward, the Dow rose 2.6% and the Nasdaq rose 6%.
The thawing in the US-China trade tensions behind this week’s announcement of escalation measures has also made investors cheery.
“We’re in the middle of the bare market cycle. This is a very violent but welcome relief rally,” says Katie Stockton, founder and managing partner of FairLead Strategies.
Stockton shared her outlook as the market recovered throughout the week.
The sentiment returns to President Donald Trump’s announcement of a trade deal with Britain and China.
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This positive outlook is also shown in the crypto market as a whole. Bitcoin (BTC) rose in tandem with stocks after early reconsidering prices below $80 amid tariff tensions since the “Day of Liberation.” Benchmark Digital Assets are currently considering solidifying profits of over $103,000.
As high-risk assets bounce back, analysts share prominent forecasts as a new regulatory approach to the sector.
Galaxy CEO Mike Novogratz told CNBC in an interview that President Donald Trump’s administration has been great for Crypto so far.
Wall Street will be keen on a string of potential market factors on Friday.
Among the key areas of focus is Trump’s tax bill that comes for discussion in the House Budget Committee. Investors are also keen on the University of Michigan’s highly anticipated consumer sentiment survey.
Data for May focused after April’s reading showed a decline in emotions amid in inflation concerns.
However, as the consumer price index falls, the market attention is about how consumers adopted the tariff issue in the aftermath of mutual tariffs.
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