As of May 13, 2025, the US stock market has experienced a mixed performance following a strong rally on Monday. Here is a complete update:
Market Performance
Dow Jones Industrial Average (DJIA): Futures are down 80 points. In regular trading on Monday, the Dow rose nearly 1,200
points.S&P 500: Futures are down 15 points. The index jumped by 3.26% on Monday.
Nasdaq Composite: Futures are down 70 points. The index surged by 4.35% on Monday.
Sector Performance
Technology Sector: The technology sector is entering a period of seasonal strength. Stocks like Amplify Online Retail ETF (AMEX:IBUY), Precigen, Inc. (NASD:PGEN), and Block, Inc. (NYSE:SQ) are highlighted as potential accumulation candidates.
Energy Sector: The energy sector is increasingly attractive, with sector valuations rising toward fair value from deeply undervalued levels.
Consumer Discretionary: Stocks like Deckers Outdoor Corp. (NYSE:DECK) and Unifirst Corp. (NYSE:UNF) are also highlighted for potential accumulation.
Market Sentiment
Sentiment: Sentiment on Monday was bullish, with a put-call ratio of 0.86.
Volatility: The market is expected to witness some consolidation or profit booking despite positive global cues.
Economic Indicators
Consumer Price Inflation (CPI): The CPI data for April is in focus today, which will be the first month after the tariff drama.
US Dollar Index: The index continues to hover near levels of 102.
Market OutlookShort-term Trend:
The short-term trend stemming from the April low is positive, but the intermediate-term path remains under threat.
Global Sentiment: Global sentiment remains supportive, with European markets closing in the green and US futures sharply higher.Key Events
US-China Trade Tensions: The market surged on Monday following the announcement of a 90-day pause on the most aggressive parts of the US tariff fight with China.
India-Pakistan Tensions: Tensions between India and Pakistan continue to dominate investor attention.