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Weekly Market Commentary: Markets Extend Gains in Busy Week of Earnings and Economic Data
05/05/25
Sunflower Bank Weekly Market Commentary: May 5, 2025
Each week, our Wealth Management team analyzes the U.S. stock market and bond market activity and news of the previous week, summarizing their findings into a weekly market update report. The key points of this week's commentary, "Markets Extend Gains in Busy Week of Earnings and Economic Data," include:
- The S&P 500 Index rose 3% last week and has now recouped all losses since the April 2nd tariff announcement.
- Apple and Amazon reported mixed earnings and expect tariffs to raise costs in future periods. Meta and Microsoft released strong results and noted increasing benefits from AI.
- Last week’s economic calendar included a contraction in 1Q25 GDP, positive inflation data, and stable employment trends.
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This article contains general information only. Sunflower Bank, N.A. is not, by means of this article, rendering accounting, financial, investment, legal, tax, or other professional advice or services. This article is not a substitute for such professional advice or services, before making any decisions related to these matters, you should consult a qualified professional advisor.