On May 9, 2025, U.S. stock markets opened higher with the S&P 500 rising between 0.3% and 0.4%, and the Nasdaq Composite increasing by approximately 0.5% to 0.6%. The positive start marked the S&P 500's attempt to achieve a third consecutive day of gains. Dow Jones futures also showed an upward trend. However, by the close of trading, the S&P 500 ended slightly down by 0.1%, and the Nasdaq Composite remained largely unchanged. The Dow Jones Industrial Average also edged lower, resulting in a mixed finish for major U.S. indices. Over the week, these indices declined modestly. Globally, stock markets experienced mixed results on the same day, with European and Asia-Pacific markets mostly posting gains, while some key Asian benchmarks declined. Canada's S&P/TSX Composite outperformed other markets, driven by strength in energy and financial sectors. The market activity occurred ahead of anticipated U.S.-China tariff negotiations scheduled for the weekend in Switzerland.