Daily Broad Market Recap – May 21, 2025

Daily Broad Market Recap – May 21, 2025

Risk sentiment took a bearish turn on Wednesday as concerns over U.S. fiscal health ramped up. The S&P 500 fell and Treasury yields jumped after a disappointing 20-year bond auction underscored investor unease about President Trump’s tax cut plans and the ballooning federal deficit. The dollar weakened across the board, slipping against all major currencies