The S&P 500 index preliminarily closed up 0.4%. The consumer discretionary sector rose 0.7%, consumer staples, financials, and energy sectors gained 0.6%, the technology sector increased 0.3%, while the healthcare sector fell 0.5%.
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The Nasdaq 100 Index preliminarily closed up 0.6%. Among the components, AppLovin preliminarily rose 6.8%, Strategy gained 6.5%, Seagate Technology increased 5.5%, Starbucks advanced 4.9%, Tesla fell 2.1%, and Datadog was down 3.3%. Cisco, Boeing, American Express, UnitedHealth, and Home Depot each climbed at least 1.5%, leading Dow Jones component stocks, while IBM and Johnson & Johnson lost 0.8%, Salesforce declined 1.1%, and Amgen dropped 1.6%.
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MoreOn Friday (May 29) at the close in New York (Saturday 04:59 Beijing time), the offshore yuan (CNH) was quoted at 6.7635 against the US dollar, up 96 points from Thursday's New York close. During the day, trading ranged between 6.7750 and 6.7605.
Cynthia Lummis warns that U.S. digital asset legislation may be delayed until 2030
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