A one-two punch of hotter-than-expected US inflation data and a fresh surge in oil prices brought Tuesday’s record-chasing to an abrupt halt. The S&P 500 closed down 0.16% at 7,400.96 and the Nasdaq Composite fell 0.71% to 26,088.20 on May 12, 2026, as a hotter-than-expected April Consumer Price Index (CPI) sent semiconductor stocks sharply lower. … Read more
Wall Street extended its record-breaking run on Monday, May 11, 2026, in a session that delivered a stark illustration of the market’s current psychology: geopolitical setbacks are being shrugged off as long as the technology and AI sectors keep delivering. The S&P 500 rose 0.19% to 7,412.84 and the Nasdaq Composite gained 0.10% to 26,274.13 … Read more
Wall Street staged a powerful broad-based rally on Wednesday, May 6, 2026, as a breaking Axios report that the United States and Iran were finalizing a 14-point peace memorandum sent oil prices crashing more than 7%, unlocking a surge in risk assets from New York to Madrid. The S&P 500 advanced 1.46% to 7,365.12, closing … Read more
Wednesday’s session was defined by escalation. The Dow fell 280 points to close at 48,861.81, its fifth consecutive losing day, as Brent crude surged nearly 7% to $118.80 per barrel after President Trump formally rejected Iran’s Hormuz reopening proposal and told aides to prepare for an extended blockade. In what was almost certainly Jerome Powell’s … Read more
Tuesday’s session delivered a sharp reality check for the AI trade. The S&P 500 dropped 0.49% to 7,138.80 and the Nasdaq Composite fell 0.9% to 24,663.80, pulling back from Monday’s record closes as a Wall Street Journal report revealed OpenAI had missed its own revenue and user targets. The news rippled through chip and AI … Read more
Wall Street extended its record run on Monday, April 28 (KST), as earnings optimism overpowered renewed anxiety about stalled US-Iran peace talks. The S&P 500 and Nasdaq both closed at all-time highs, while European indices slid in tandem with a sharp oil price surge driven by no sign of Strait of Hormuz relief. The calm … Read more