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Today's Market
May 30, 2025 at 6:00 p.m. EST
In our April monthly wrap we broke down the volatility in financial markets with the help of lyrics from Billy Joel’s Extremes. In that addition, we walked through the vicious selloff at the start of the month, culminating in the Rose Garden and the subsequent snapback rally which left the S&P 500 only slightly lower in April. With that in mind, the theme song for May is the 1999 hit “Higher” by Creed. That being said, those lyrics aren’t quite as dynamic and I’m not feeling quite as creative. The question repeatedly asked throughout that song, 8 times to be exact, “Can you take me higher?” was answered with a resounding yes in the month of May. The S&P 500 ended up 6.2% breaking a three-month losing streak and taking the index back to around unchanged YTD.
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