Market Minute by FS Investments
A weekly recap of equities, fixed income, commodities, and macroeconomic analysis from the FS Investments research team.
To read the full market minute or to sign up for the weekly email, with charts and data, go to https://fsinvestments.com/market-minute
Market Minute by FS Investments
GDP down but jobs data holds firm—May 5, 2025
US equities ended April strong with the S&P 500 up 3.1%, driven by easing US-China trade tensions, strong tech earnings, and a resilient labor market. The 10-year yield rose while the probability of a Fed rate cut in June fell, indicating renewed market faith in the economy. Commodities had mixed performances; oil prices declined due to demand concerns, while gold, copper, and Bitcoin saw gains. Key economic data showed a 0.3% decline in Q1 GDP, though a strong jobs report on Friday mitigated fears.
A weekly recap of equities, fixed income, commodities, and macroeconomic analysis from the FS Investments research team.
To read the full market minute or to sign up for the weekly email, with charts and data, go to https://fsinvestments.com/marketminute
