30.05.2025

Volatility and Technology: The S&P 500 on May 29, 2025

Market Development and Index Performance

The trading day on Thursday, May 29, 2025, was quite eventful and surprisingly volatile for the S&P 500. While various media report slightly different closing values – around 5,878 to just over 5,900 points –, the trend is clear: The US benchmark index managed to hold its ground during the day and closed with a moderate gain.

  • S&P 500: According to several sources, the index was at about 5,878 points in slight decline (–0.17%) late in the afternoon (NYSE time), while other reports mention a gain around the mark of just under or at 5,912 points (+0.4%). The discrepancy is explained by different timings of the price determination.
  • Year-to-date performance: Since the beginning of the year, the S&P 500 has only slightly increased (+0.169%), with the year’s high currently at around 6,147 points.
  • Weekly performance: Since the start of the week, the index registers a gain of about +0.42 to +1.15%, depending on the calculation period.
  • Monthly review: A month ago, the S&P stood at about 5,560 points; thus, it has risen significantly within four weeks.

Technology Stocks as Drivers

The positive development was primarily led by technology stocks – particularly Nvidia was in the focus of many investors and analysts.

Individual Stocks with Extreme Performance

Company Daily Performance Monthly Performance
Arista Networks –8.95 % +20.04 %
Best Buy –8.47 % +12.60 %
HP +6.97 % +1.10 %
Nordson +6.54 %

Particularly notable were the significant losses of Arista Networks (–8.95%) and Best Buy (–8.47%) despite good monthly balances for these stocks. On the winning side, HP (+6.97%) and Nordson (+6.54%) stood out.

Conclusion for Investors

The trading day was marked by a mix of optimism (especially in technology stocks like Nvidia) and uncertainty regarding volatile individual stocks within the S&P basket. Despite individual setbacks, the overall market managed to hold its ground or even score slight gains.

Relevant points for investors include:

  • Technology remains a key driver, particularly major players like Nvidia.
  • Individual stocks can fluctuate significantly regardless of the overall market, which presents both opportunities and risks.
  • The market continues to show a certain resilience, even though it is far from the year-high.

Overall, Thursday’s S&P development reflects: Despite wild fluctuations in individual stocks, the overall picture remains robust – driven mainly by the technology sector.