US Stocks Waver

2026-05-28 14:48 By Andre Joaquim 1 min. read

US stocks wavered following reports that the US and Iran reached a deal to halt their conflict.

The S&P 500 swung higher to a new record high, while the Dow was flat and the Nasdaq cut losses to hover only marginally below the flatline.

New reports stated that Washington and Tehran agreed to a 60-day memorandum to extend the ceasefire and gradually restore energy exports from the Persian Gulf.

Bond yields eased as energy prices pared their rebound, despite data that favors a hawkish Federal Reserve.

Jobless claims and consumer spending remained robust, while PCE inflation rose to a three-year high.

AI software and infrastructure patrons were sharply higher, with Microsoft, Oracle, and Palantir gaining between 3% and 4%.

On the other hand, chip producers fell with Nvidia dropping 1%.

Snowflake surged 30% on a strong outlook, although the result did not spread to other software companies.

Salesforce fell 2% after its earnings report.



News Stream
US Stocks Swing Higher to New Records
US stocks wavered following reports that the US and Iran reached a deal to halt their conflict. The S&P 500 and the Nasdaq 100 swung 0.5% higher to new records while the Dow hovered close to the flatline. Washington and Tehran reportedly agreed to a 60-day memorandum to extend the ceasefire and gradually restore energy exports from the Persian Gulf. Bond yields eased as energy prices pared their rebound, despite data that favors a hawkish Federal Reserve. Jobless claims and consumer spending remained robust, while PCE inflation rose to a three-year high. AI software and infrastructure patrons were sharply higher, with Microsoft, Oracle, and Palantir gaining between 3% and 4%. On the other hand, financial stocks extended to slower momentum with Visa and Blackrock dropping close to 2%. Snowflake surged 30% on a strong outlook, although the result did not spread to other software companies. Salesforce fell 2% after its earnings report.
2026-05-28
US Stocks Waver
US stocks wavered following reports that the US and Iran reached a deal to halt their conflict. The S&P 500 swung higher to a new record high, while the Dow was flat and the Nasdaq cut losses to hover only marginally below the flatline. New reports stated that Washington and Tehran agreed to a 60-day memorandum to extend the ceasefire and gradually restore energy exports from the Persian Gulf. Bond yields eased as energy prices pared their rebound, despite data that favors a hawkish Federal Reserve. Jobless claims and consumer spending remained robust, while PCE inflation rose to a three-year high. AI software and infrastructure patrons were sharply higher, with Microsoft, Oracle, and Palantir gaining between 3% and 4%. On the other hand, chip producers fell with Nvidia dropping 1%. Snowflake surged 30% on a strong outlook, although the result did not spread to other software companies. Salesforce fell 2% after its earnings report.
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