Hot April CPI Triggers Chip Sell-Off and S&P 500 Retreat — UK Political Crisis Sends Gilts Spiking and Europe Lower

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

S&P 500 and Nasdaq Hit Fresh Records Above 7,400 as Tech Defies Iran Ceasefire Breakdown — Copper Hits All-Time High, Europe Mixed

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