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The Nasdaq rose 0.2% today, while the S&P 500 rose 0.2% and the Dow Jones Industrial Average gained 0.7%. The Nasdaq rose 25% in April and May, its best two-month stretch since October and November of 2002. Dell Technologies surged 32% on Friday following the company’s blowout earnings report.
<body><p>STORY: Wall Street's main indexes hit more record closing highs on Friday, with the Dow gaining nearly three-quarters of a percent, and the S&P 500 and Nasdaq each ticking up about two-tenths of a percent.</p><p>All three indexes posted both weekly and monthly gains, with the S&P 500 recording its ninth straight weekly gain, it's longest streak since December of 2023.</p><p>Mary Ann Bartels, chief investment strategist at Sanctuary Wealth, said that while there may be some bumps ahead, the market's upward momentum could continue through the end of the decade.</p><p>"You know, the old adage is, 'Sell in May and go away.' And well, although you may want to take some profits, maybe rebalance, because we may have some volatility as we approach the summer months. So what we're saying is, 'Sell in May, but you may want to come back.' [FLASH] Because we believe that the equity market remains in a secular bull market."</p><p>Stocks on the move Friday included Dell, which surged nearly 33% after the company raised its full-year profit and revenue forecasts a day earlier. Peers Super Micro Computer and Hewlett Packard Enterprise rose more than 11% and 12%, respectively.</p><p>On the flip side, consumer staples shares were weak, with heavyweight Costco dropping almost 4% and Walmart shedding roughly 2.5%</p><p>And the S&P automaker index slipped after reports the Trump administration wants North American-built vehicles to have 82% regional content to qualify for preferential treatment under the U.S.-Mexico-Canada Agreement.</p><p>Shares of General Motors and U.S.-listed shares of Stellantis both ended lower.</p></body>
In the closing of the recent trading day, AeroVironment (AVAV) stood at $207.37, denoting a -3.27% move from the preceding trading day.
In the closing of the recent trading day, Kinsale Capital Group, Inc. (KNSL) stood at $304.77, denoting a -1.04% move from the preceding trading day.
Dow Inc. (DOW) closed at $33.75 in the latest trading session, marking a -2.93% move from the prior day.
ChargePoint Holdings, Inc. (CHPT) closed the most recent trading day at $7.59, moving 2.69% from the previous trading session.
In the most recent trading session, Annaly Capital Management (NLY) closed at $21.85, indicating a +1.16% shift from the previous trading day.
Honeywell International Inc. (HON) closed the most recent trading day at $237.86, moving +2.09% from the previous trading session.
In the closing of the recent trading day, Prologis (PLD) stood at $143.47, denoting a -1.49% move from the preceding trading day.
President Donald Trump said he was ready to make a “final determination” on a preliminary agreement to extend the ceasefire.
The latest trading day saw Newmont Corporation (NEM) settling at $109.81, representing a +1.46% change from its previous close.
AZZ (AZZ) closed the most recent trading day at $135.55, moving 3.28% from the previous trading session.
In the most recent trading session, Cleveland-Cliffs (CLF) closed at $13.6, indicating a +2.33% shift from the previous trading day.
Johnson & Johnson (JNJ) reached $225.33 at the closing of the latest trading day, reflecting a -2.37% change compared to its last close.
Tesla (TSLA) reached $435.79 at the closing of the latest trading day, reflecting a -1.43% change compared to its last close.
Intel (INTC) concluded the recent trading session at $114.65, signifying a -5.16% move from its prior day's close.
In the latest trading session, Alphabet (GOOGL) closed at $380.34, marking a -2.51% move from the previous day.
A sharp drop in oil prices propelled stocks to fresh records, buoyed by investor optimism over a possible peace deal between the U.S. and Iran. Brent crude futures, the international benchmark, experienced their biggest monthly slump since March 2020 after falling 11% in the past week. West Texas Intermediate crude, the U.S. oil benchmark, fell 17% during May.
The stock market hit fresh highs on Iran deal hopes. Nvidia, Tesla lead five trillion-dollar titans near buy points.
US equity indexes jumped this week as technology topped sector charts amid expectations that the imm
US equity indexes hit record highs on Friday ahead of President Donald Trump's decision on Iran's pr
Stock indexes closed higher on Wall Street, adding to the all-time highs they set a day earlier. The S&P 500 added 0.2% Friday. That was the seventh straight gain for the index.
Energy stocks were lower late Friday afternoon, with the NYSE Energy Sector Index down 0.9% and the
Stocks are entering a limbo period—the gap between the end of one earnings season and the beginning of the next. They’ll need other catalysts to keep rising.
Energy stocks were lower late Friday afternoon, with the NYSE Energy Sector Index down 0.9% and the
Markets rise as AI optimism, easing Iran tensions, and stronger earnings sentiment support risk appetite.
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