Here's a concise update on #Newstrade for Monday, May 12, 2025:
๐ Market Snapshot
SPDR S&P 500 ETF Trust (SPY): $564.59 (โ0.08%)
Invesco QQQ Trust (QQQ): $487.97 (โ0.28%)
SPDR Dow Jones Industrial Average ETF (DIA): $412.42 (โ0.06%)
SPDR Gold Shares ETF (GLD): $306.82 (โ0.27%)
iShares Silver Trust (SLV): $29.71 (โ0.85%)
๐ฐ Key Developments
US-China Trade Talks: President Trump reports "very good progress" as negotiations continue.
Mpac Group Insider Trading: CFO & Director William Wilkins sold ยฃ167k worth of shares, reducing his stake by 47%.
Technical Analysis: ForexLive shares insights on market trends and trade ideas for the day.