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CLOSING BELL
Market Just Needed A Quick Vaycay

The market came roaring back after a three-day weekend. The short trading week went green early after Trump delayed EU tariff increases after weekend calls with the EU’s trade chief, Maros Sefcovic. On top of that, consumer confidence numbers rebounded after a five-month decline, box office numbers are flying, and Nvidia is set to report its leading semiconductor earnings tomorrow after the bell. Dozens of S&P 500 names hit year-high prices today, and sell in May might have turned on its head. 👀

Today's issue covers box office booms, footwear firms flying, and what to watch for in Nvidia’s report. 📰

With the final numbers for indexes and the ETFs that track them, all 11 sectors closed green, with consumer discretionary $XLY ( ▼ 0.92% ) leading and utilities $XLU ( ▼ 0.57% ) lagging.

S&P 500 $SPY ( ▼ 1.12% ) 5,922

Nasdaq 100 $QQQ ( ▼ 1.26% ) 21,415

Russell 2000 $IWM ( ▼ 1.83% ) 2,090

Dow Jones $DIA ( ▼ 1.78% ) 42,344

STOCKS
Box Office Business Boomed This Weekend 🎞️ 

It was a colder Memorial Day than usual this year in New York City, which apparently sent Americans looking for something to do when they couldn’t hit the beach.

AMC set Memorial Day holiday-weekend records, drawing 7 million moviegoers from Thursday through Monday. The strong turnout was driven by Lilo & Stitch and Mission: Impossible – The Final Reckoning, which filled premium screens like IMAX, Dolby Cinema, and RealD 3D.

$AMC ( ▲ 0.64% ) stock flew after the company reported its third-biggest revenue mark over a five-day period in more than a decade, with record admissions, food & beverage sales, and total revenue.

CEO Adam Aron noted that the industry appears to have “turned a corner”, with consistent weekend box office strength since April. Retail sentiment on Stocktwits remained extremely bullish, reflecting optimism about AMC’s recovery.

Para, Warner bros, Disney, HBO also climbed after they too reported high viewership Memorial Day weekend. 📽️ 

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