E-Learning

WASHINGTON (Reuters) -U.S. consumer confidence improved in May after deteriorating for five straight months amid a truce in the trade war between Washington and China, though households continued to worry about tariffs raising prices and hurting the economy. The Conference Board said on Tuesday its consumer confidence index increased 12.3 points to 98.0 this month. About half of the responses were collected after May 12, after the White House announced a deal to slash duties on Chinese imports to 30% from 145% for 90 days.

Stocks and Treasuries are both powering ahead in post-Memorial Day trading. Gold and silver are pulling back though. The dollar is modestly higher, while crude oil is flat.

Americans’ views of the economy improved in May after five straight months of declines sent consumer confidence to its lowest level since the onset of the COVID-19 pandemic, largely driven by anxiety over the impact of President Donald Trump’s tariffs. The Conference Board said Tuesday that its consumer confidence index rose 12.3 points in May to 98, up from April’s 85.7, its lowest reading since May 2020. A measure of Americans’ short-term expectations for their income, business conditions and the job market jumped 17.4 points to 72.8, but remained below 80, which can signal a recession ahead.

It’s been a little while since Americans had an inkling of optimism about the economy.

Early Foreign Exchange, New York prices.

Prices as of 4:30:17 PM Tuesday, May 27.

NVIDIA gains steam ahead of first-quarter earnings. NVDA-focused ETFs are in focus as AI demand and new chip launches drive investor optimism.

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.

The S&P 500 moved higher Tuesday morning, putting the benchmark index on track to snap a four-day losing streak. Watch these important chart levels.

Here is how Mirion Technologies, Inc. (MIR) and Mitie Group PLC. (MITFY) have performed compared to their sector so far this year.