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Stocks close lower, Snowflake earnings top estimates

DeFi Daily News by DeFi Daily News
May 21, 2025
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Julie Hyman and Josh Lipton break down the day’s market news for May 21, 2025.
Stocks close lower as bond yields surge. Josh and Julie speak with a partner at Corient about what drove stocks down, including the “aftershocks” of the Moody’s downgrade and the yields on the 10-year, 20-year, and 30-year starting to move higher.
Snowflake reported strong first quarter earnings, topping estimates and boosting its full-year product revenue.
#youtube #stocks #investing

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Tags: BondsbusinesscloseCurrenciesEarningsEquitiesestimatesFXInvestingInvestmentMarketMarketsMoneyNewsNYSEPersonal FinancePoliticsSavingsSnowflakeStock marketstocksTopYahoo FinanceYahoo FInance Premium
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