Market Brief 27 May, 2025

Good evening, investors and traders! The markets are experiencing a surge in optimism today, driven by positive news regarding trade talks between the US and the EU. The S&P 500 Index (GSPC) closed up by 2.09% at 5,921.0, while the Nasdaq 100 Index (NDX) gained 2.39% to reach 21,408.38. Trump Media & Technology Group (DJT.O) announced plans to raise $2.5 billion to build a Bitcoin treasury, sending its stock on a rollercoaster ride. Circle, the issuer of USDC, filed for an IPO on the NYSE, aiming for a valuation of $6.7 billion. Meanwhile, Google researchers published a study suggesting that quantum computers could crack Bitcoin's encryption more easily than previously thought, raising concerns about the future of the cryptocurrency.