empty
 
 

26.05.202613:33:41UTC+00US Stocks Rise to Records

US equities started the week at record highs, buoyed by signs of a possible US–Iran agreement reached over the weekend. The S&P 500 rose 0.6% and the Dow added 0.4%, while the tech-heavy Nasdaq advanced nearly 1%.

President Trump and Secretary of State Rubio indicated they were close to a deal involving concessions that would restore energy trade through the Strait of Hormuz, putting downward pressure on oil prices and helping to contain the impact of elevated inflation. Equities retained their gains even after new clashes between US and Iranian forces, which clouded confidence in the prospective deal.

AI hyperscalers and compute infrastructure stocks, which have led major indices higher this year, were mostly firmer. Tesla, Nvidia, and Amazon each traded about 1% higher. Micron surged more than 8% after UBS upgraded its recommendation and raised its price target. By contrast, Melrose slumped 8% after authorities ordered precautionary evacuations at its GKN facility.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $9000 more!
    In May we raffle $9000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback