Ammon News - Global stocks finished down on Friday but notched a weekly gain and the biggest monthly increase since late 2023, despite markets having been roiled by uncertainty over the Trump administration's tariff policies.

Sentiments were initially buoyed at the start of the week by signs of easing trade tensions between the U.S. and Europe, after President Donald Trump delayed planned tariffs on imports from the EU.

On Wall Street, the benchmark S&P 500 and Nasdaq finished lower, dragged down by weaknesses in technology, energy and consumer discretionary stocks.

The Dow ended higher after erasing early losses.

All three indexes finished the week and the month higher, with the S&P 500 index and Nasdaq index registering their biggest monthly percentage gain since November 2023.

The Dow Jones Industrial Average rose 0.13% to 42,270.07, the S&P 500 fell 0.01% to 5,911.69 and the Nasdaq Composite fell 0.32% to 19,113.77.

European shares finished higher by 0.14%, notching a weekly gain and adding 4% for the month of May. Reuters