US Stocks Set New Records

2026-05-28 20:21 By Luisa Carvalho 1 min. read

US stocks closed at record highs on Thursday, with the S&P 500 rising 0.6% and the Nasdaq Composite gaining 0.9%, while the Dow Jones edged up 0.1%.

A reported agreement between US and Iranian negotiators to extend the ceasefire and gradually restore energy flows from the Persian Gulf revived hopes of a looming deal, helping temper gains in oil prices.

At the same time, tech stocks rallied, driven by Snowflake’s strong earnings outlook and an AI compute deal with Amazon.

Shares of the software maker jumped 36% in its best day ever, lifting other software names.

ServiceNow rose 6.5%, Palantir surged more than 8%, and Oracle gained over 6%, while Microsoft, Palo Alto Networks, and Atlassian each advanced at least 3%.

Salesforce, however, edged lower (-0.8%) after issuing weak guidance.

Meanwhile, financial stocks showed weaker performance, with BlackRock and Visa down 2.2% and 0.8%, respectively.



News Stream
The Dow Jones Index Closes 0.07% Higher
The Dow Jones Index went up by 36 points or 0.07 percent on Thursday to close at 50680 points. The rise was led by IBM (3.54%), Microsoft (3.48%) and Nike (3.02%). On the downside, the weakerst performers were Caterpillar (-2.50%), Travelers Companies (-1.82%) and Sherwin-Williams (-1.61%).
2026-05-28
US Stocks Set New Records
US stocks closed at record highs on Thursday, with the S&P 500 rising 0.6% and the Nasdaq Composite gaining 0.9%, while the Dow Jones edged up 0.1%. A reported agreement between US and Iranian negotiators to extend the ceasefire and gradually restore energy flows from the Persian Gulf revived hopes of a looming deal, helping temper gains in oil prices. At the same time, tech stocks rallied, driven by Snowflake’s strong earnings outlook and an AI compute deal with Amazon. Shares of the software maker jumped 36% in its best day ever, lifting other software names. ServiceNow rose 6.5%, Palantir surged more than 8%, and Oracle gained over 6%, while Microsoft, Palo Alto Networks, and Atlassian each advanced at least 3%. Salesforce, however, edged lower (-0.8%) after issuing weak guidance. Meanwhile, financial stocks showed weaker performance, with BlackRock and Visa down 2.2% and 0.8%, respectively.
2026-05-28
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