May 24, 2025 · QQQ/SPY Market Review · 2 headlines

Bessent’s trade signals and Musk’s “wartime mode” lead Saturday news

U.S. markets were closed Saturday, and the chart carries Friday’s closing levels. Treasury Secretary Scott Bessent said tariff pressure was accelerating EU talks, several major trade deals were approaching, and an SLR revision could support Treasury markets. Separately, Elon Musk said he was returning to “wartime mode” and a 24-hour work schedule across X, xAI, Tesla and Starship.

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