Last week, US stock indexes found themselves firmly in the global spotlight. The S&P 500 recorded its second-largest weekly gain in 2025, now standing just about 3% below its record high set nearly three months ago. This bullish movement was driven by robust demand for shares of leading technology corporations, which once again emerged as the primary growth engine of the US stock market.

On Friday, US stock index futures experienced a decline as market participants continued to assess the impact of newly imposed tariffs. Economic uncertainty and a rising global trade war have significantly affected market dynamics, leading to concerns over corporate profitability.