US Daily Financial Risk AAR
May 23rd, 2025
Day in Review
On May 23, 2025, U.S. equity markets closed sharply lower as President Trump’s announcement of 50% tariffs on EU imports and 25% levies on non-U.S. smartphones triggered broad risk-off selling: the S&P 500 fell 39.19 points to 5,802.82 (−0.7%), the Nasdaq Composite dropped 188.53 points to 18,737.21 (−1.0%), and the Russell 2000 declined 5.…
