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Stock market on May 12: S&P 500 and NASDAQ close higher
Last Friday, US equity indices ended
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Last Friday, US equity indices ended the session higher. The S&P 500 rose by 0.19%, the Nasdaq 100 ticked up by 0.10%, and the Dow Jones Industrial Average gained 0.19%. Oil prices resumed their advance after US President Donald Trump expressed doubts about compliance with the ceasefire agreement with Iran, reinforcing concerns about a prolonged closure of the Strait of Hormuz. Asian markets showed sharp volatility after a senior South Korean politician suggested paying citizens dividends funded by AI-related corporate profits. That
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