NY Empire State Manufacturing Index Jumps in May.
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This company has been on a mammoth run since February 2025.
Rising Treasury yields are pressuring global stocks and forcing investors to rethink expectations for inflation and Federal Reserve interest-rate cuts.
Yahoo Finance’s Julie Hyman and Head of News Myles Udland discuss the Cerebras (CBRS) PO as shares pull back after surging 70% in the biggest IPO debut of 2026.
Stocks tumbled at the open on Friday, pulling back from record levels after meetings between President Trump and China's leader Xi Jinping ended without a clear messaging of what’s to come. The Dow was down 408 points, or 0.8%, while the S&P 500 fell 1.1%, and the Nasdaq was down 1.6%. “We often get more market moving social media posts in the middle of the night than we got as part of this historic meeting,” wrote Peter Tchir, Head of Macro Strategy at Academy Securities.
The market is hot... for now!
Dow futures fell as oil prices and Treasury yields jumped. AI chip plays Applied Materials, Nvidia and Cerebras retreated. The Trump-Xi summit is over.
News of the day for May 15, 2026
The roaring U.S. stock market, powered by bets on tech and artificial intelligence that has lifted indexes to a series of record highs over the past six weeks, may have finally found a challenge it can’t easily overcome. Benchmark 10-year Treasury note yields jumped more than five basis points in overnight trading, pegging the paper at 4.535%, the highest in nearly a year.
8am: Stocks set for pullback US stock futures are pointing to a softer open on Friday, with investors taking a step back after a barnstorming session on Thursday that saw both the S&P 500 and Nasdaq close at fresh record highs and the Dow Jones reclaim the psychologically important 50,000...
The benchmark US stock measures were tracking in the red before the open Friday as traders evaluate
Wall Street futures pointed lower pre-bell Friday as rising oil prices and interest rates tempered o
Futures fell as Treasury yields and oil prices jumped on President Trump comments after Nvidia ran and the Cerebras IPO soared. The Trump-Xi summit is over.
Bill Ackman announced on social media that his hedge fund Pershing Square will disclose a new position in Microsoft in a 13F filing with regulators today. Microsoft has been an outlier in the tech trade that has carried markets higher this year. "We began building our position in MSFT in February following a meaningful share price decline after the company reported its fiscal Q2 2026 results," Ackman wrote in a post on X. "We were able to establish our position at a valuation of 21 times forward earnings, broadly in line with the market multiple and well below Microsoft's trading average over the last few years."
May 15 (Reuters) - Futures tracking the Nasdaq and the S&P 500 tumbled more than 1% on Friday, with an AI-driven rally in U.S. stocks poised to stall, as Treasury yields jumped on concerns about
Wall Street closed higher on Thursday following positive developments at the U.S.-China summit.
The ballyhooed debut of AI chip firm Cerebras is a big moment for tech IPOs. But don’t ignore new biotechs and industrial stocks.
Stock futures in the U.S. and global markets were lower with little information emerging from the Trump-Xi summit.
The central bank may be transforming from Wall Street's foundation to a liability before our eyes.
Stocks looked set to fall on Friday as investors fretted about soaring Treasury yields and President Donald Trump’s summit with China's leader Xi Jinping concluded without any meaningful breakthrough on trade. “For some time, analysts have been puzzled by equity markets’ resilience in the face of rising bond yields and clear inflationary pressures,” said Kathleen Brooks, research director at the foreign-exchange brokerage XTB. “Today we may see the pressure of rising bond yields start to weigh on equities, and futures prices suggest that U.S. indices will pull back from record highs later today and could close the week on a dampener.”
President Trump and Chinese leader Xi Jinping agreed Iran shouldn't control the waterway. The S&P 500 rose 0.8%, and the Nasdaq Composite jumped 0.9%. Shares of Cerebras Systems priced at $185 in their public offering and opened trading at $350 on Thursday.
By Stella Qiu SYDNEY, May 15 (Reuters) - Asian shares dived on Friday as investor euphoria over tech stocks gave way to inflation fears that saw Treasury yields spike to one-year highs and rising bets
By Stella Qiu SYDNEY, May 15 (Reuters) - Asian shares came under pressure on Friday as investor euphoria over tech stocks gave way to inflation fears that saw Treasury yields spike to one-year highs

<body><p>STORY: U.S. stocks rallied on Thursday, with the Dow and S&P 500 each gaining about three-quarters of a percent, and the Nasdaq climbing nearly nine-tenths of a percent.</p><p>The Dow recaptured its position above the 50,000 mark, ending just shy of its all-time closing high. The S&P 500 posted its first close above 7500, and the Nasdaq also notched another record high close.</p><p>The market boost came largely from - what else? - AI-related tech stocks, including a blowout IPO from chip designer Cerebras, which jumped 68% in its U.S. market debut.</p><p>But Bob Lang, founder and chief options analyst at Explosive Options, warned that the enthusiasm could portend a sharp market selloff.</p><p>"I think right now with markets at all time highs, the Nasdaq pushing through around 30,000, the Dow about 50,000, again, you're going to hear all these headlines coming out in the news talking about these milestones. And it creates a wall of worry. And the wall of worry is that, you know, people on the sidelines are saying, ‘Hey, look, I got to get myself back in the game over here.' Well, it's those moments that tell us that we're probably closer to a correction or a severe pullback more than anything, because it's the last people who come in are going to create that last hop in the market."</p><p>Among other stock moves, shares of Cisco Systems surged more than 13% to touch an all-time high after the computer networking giant announced almost 4,000 job cuts as part of a restructuring scheme, and raised its annual revenue forecast.</p><p>U.S.-listed shares of AI infrastructure firm Nebius Group rose more than 6.5% after Northland Capital raised its target price to $248 per share.</p><p>And shares of AI chip leader Nvidia gained nearly 4.5% after the U.S. cleared the sales of the company's H200 chips to Chinese firms.</p></body>
Record quarterly revenue, a raised outlook, and a swelling defense backlog put this wireless-and-drone player in focus, today, May 14, 2026.