May 28, 2025 - The Dow Jones Industrial Average is experiencing a surge this May, fueled by renewed optimism surrounding trade negotiations between the United States and the European Union. This positive trend is occurring despite a reported decrease in U.S. durable goods orders during April 2025.
The Conference Board reported on May 27, 2025, that the Consumer Confidence Index rose to 98 in May, up from 85.7 in April. This increase reflects improved expectations for business conditions, employment prospects, and future income following a U.S.-China tariff reduction agreement.
However, the U.S. Census Bureau announced on May 27, 2025, a 6.3% decrease in new orders for manufactured durable goods in April 2025. This decline was primarily attributed to a significant drop in transportation equipment orders. Despite this decrease, the DOW's overall performance suggests that investor sentiment remains positive, buoyed by developments in international trade and consumer confidence.