The U.S. stock market showed mixed but generally positive performance from May 12 to May 14, 2025. On May 12, major indices surged with the S&P 500 ETF Trust (SPY) closing up 3.28%, the Nasdaq-100 ETF (QQQ) rising 4.07%, the Dow Jones Industrial Average ETF (DJI) gaining 2.81%, and the Russell 2000 ETF (IWM) increasing 3.55%. The following day, May 13, the market saw more modest gains for SPY (+0.66%), QQQ (+1.52%), and IWM (+0.38%), while DJI declined by 0.64%. By May 14, year-to-date gains for SPY and QQQ stood at approximately 0.7% and 1.4%, respectively. On that day, SPY and QQQ experienced slight positive movements at the opening bell, with SPY up 0.18% and QQQ up 0.28%, while DJI rose 0.16% and IWM fell 0.35%. Notably, QQQ reached a price of $517.39, surpassing a previous level of $507.89, indicating some technical challenges ahead. Additionally, SPY and QQQ have generated multiple trend buy signals over the past five weeks, including a bullish crossover of the 20-day and 50-day simple moving averages, suggesting positive momentum in these indices.