US Stocks Hold at Record Highs

2026-05-14 13:32 By Andre Joaquim 1 min. read

US equity indices rose to fresh highs Thursday on support from the earnings-fueled tech rally.

The S&P 500 inched higher and the Nasdaq was flat at their records, while those for the Dow rose past 50,000 to approach its all-time high.

The bullish guidances by AI companies supported the broader market through high energy prices from the blockade in the Persian Gulf and hawkish outlook for the Fed, lastly consolidated by the 0.5% increase in the control group of retail sales.

Cisco jumped 15% after posting strong earnings and forecasts, while signaling 4,000 jobs to be cut on improved productivity.

Meanwhile, Nvidia added 2% to extend its rally to 15% this month after the US cleared 10 cleared 10 Chinese firms for receiving H200 chips.

The announcement took place amid President Trump's and tech CEO's visit to Beijing, so far maintaining the de-escalatory rhetoric since their trade war peaked last year.



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