Wall Street hits new closing highs on tech strength, Middle East deal hopes

Wall Street hits new closing highs on tech strength, Middle East deal hopes

By Saeed Azhar, Twesha Dikshit and Utkarsh Shetti

Fri May 29, 2026  

It was a choppy day for tech, up and down all day but still closing with modest gains, while the Dow reaped the benefit of exceptionally high volume suggesting more and more people were feeling good about coming into the market. The Dow was up all day and closed with a very nice 3-digit gain. But AI and really good Q1 earnings remain the major market drivers while Trump’s announcement that a final decision on Iran will be made today also brought hopes.  

S&P 500 and Nasdaq hit record closing highs as US and Iran agree to extend ceasefire

S&P 500 and Nasdaq hit record closing highs as US and Iran agree to extend ceasefire

By Saeed Azhar, Twesha Dikshit and Utkarsh Hathi

Thu May 28, 2026

There was bad news all around on the inflation front as PCE came in at a three-year high, mostly due to the Iran war, and GDP, for the first time in quite some time, was downwardly revised to 1.6% with expectations of more of the same in Q2. But the news of a tentative extension of the ceasefire (still to be approved by Trump) put all that on the backburner. Any good war news is good for tech since the oil supply and inflation so directly impact tech.  

Wall Street indexes post closing record highs, AI rally pauses

Wall Street indexes post closing record highs, AI rally pauses

By Saeed Azhar, Twesha Dikshit and Utkarsh Hathi

Wed May 27, 2026

Tech was certainly chaotic today with both indexes swinging wildly between red and black but spending most of the day well into the red though a late session comeback put them very modesty into the black. However, since they were already at records, even a very modest jump put them both into another record close. The Dow enjoyed the benefit of these tech jitters as AI investors chose caution today while watching the peace talks. Everyone was jumping from tech into industrials giving the Dow another nice 3-digit advance, recouping well more than yesterday’s losses, and once again putting it in record territory.  

S&P 500, Nasdaq hit record closing highs on AI optimism, Micron joins $1 trillion club

S&P 500, Nasdaq hit record closing highs on AI optimism, Micron joins $1 trillion club

By Saeed Azhar, Twesha Dikshit and Utkarsh Hathi

Tue May 26, 2026  

AI optimism is back in full swing with Micron suddenly becoming a trillion $ company when UBS today tripled its price target on the stock. It was more than enough for investors to start transferring money from industrials to any of the major AI players, bringing the Dow down but the tech indexes way up. Even the disappointing war news went on the back burner with the market ignoring it in favor of the continuing AI fever and an upbeat Q1. In fact Q1 has been so solid that the earnings growth forecast as it now nears its completion has been doubled from 16% a month ago to 29% today.  

Wall Street rises, Dow hits record high as Middle East hopes lift sentiment

Wall Street rises, Dow hits record high as Middle East hopes lift sentiment

By Chibuike Oguh, Shashwat Chauhan and Medha Singh

Fri May 22, 2026  

All it took was the headline of Marco Rubio stating that there has been some peace talks progress so, in spite of there remaining vast differences on critical issues, the headline pushed everything straight up again, the Dow getting the bulk of the benefit while tech declined in the afternoon. 

S&P 500 rises as investors focus on Mideast peace hopes as oil prices dip

S&P 500 rises as investors focus on Mideast peace hopes as oil prices dip

By Sinéad Carew and Utkarsh Hathi

Thu May 21, 2026 

There’s just a whole lot of volatility going on with all three indexes firmly rooted in the red until 1 pm when everything zoomed back up again. Though Walmart disappointed with its Q1 and especially its announcement that higher prices were coming for the rest of the year, the market largely shrugged it off since Q1 is almost over and has overnight shifted its focus back to the war. That is somewhat curious given the fact that the U.S. and Iran are on opposite poles with the key issues but hope remains. As far as investors are concerned, the ceasefire, as fragile as it is, is holding and they’ll take good news where ever they can find it.  

Wall St climbs 1% with chip stocks rallying before Nvidia results

Wall St climbs 1% with chip stocks rallying before Nvidia results

By Sinéad Carew and Utkarsh Hathi

Wed May 20, 2026  

All eyes were in hot anticipation of Nvidia today and, even though the report was not coming in until after the bell, two other AI giants, Astera Labs and ARM Holdings, bolted up big time and that was more than enough to convince investors that Nvidia would soon be posting a similar result. Thus, all the indexes surged huge, both industrials and tech closing with big 3-digit gains. The war news, rate hikes and inflation have all gone on the backburner again and it’s once again all-out all-AI.