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Associated Press99d agoneutral
How major US stock indexes fared Monday 5/11/2026

Oil prices rose as the war with Iran threatens to drag on, but U.S. stocks nevertheless inched to more records. The price for a barrel of Brent crude oil climbed 2.9% to top $104 Monday after President Donald Trump said the U.S.-Iran ceasefire was on life support after he rejected Iran’s latest proposal to end their war. The Dow rose 0.2%, and the Nasdaq composite gained 0.1% to its own record.

Smaller Stocks Are on a Roll
Barrons.com99d agoneutral
Smaller Stocks Are on a Roll

The Russell 2000's latest performance is one for the books. It's the 11th time in the history of the Russell 2000 that it has marked a consecutive six-week or more winning streak alongside the S&P 500 and tech-heavy Nasdaq. The last time was in 2023; the first time was in 1979, according to LSEG and Dow Jones Market Data.

Tech Is Keeping the Stock Market Afloat. Why There Could Be a Pullback on the Horizon.
Barrons.com99d agoneutral
Tech Is Keeping the Stock Market Afloat. Why There Could Be a Pullback on the Horizon.

“Too good to miss” or “why can’t anything else rally” might be the pithiest summations of the stock market’s current status, with the at record highs but driven largely by a cohort of tech stocks that have left their rivals in the dust since the Iran war started in late February. The benchmark has gained more than 8.5% this year, powered by a 16.8% rally since the last days of March, amid a stunning comeback for tech and chip stocks that has carried U.S. markets to record highs. “What started as an AI/semiconductor conversation, however, should now be shifting to the rest of the market,” said Jonathan Krinsky, managing director and chief market technician at BTIG.

Dell Stock Falls After Downgrade. AI Growth Is Already Priced In, Says UBS.
Barrons.com99d agobullish
Dell Stock Falls After Downgrade. AI Growth Is Already Priced In, Says UBS.

Dell Technologies has been one of the highest-flying stocks in the index this year, but it might be time to take some chips off the table, according to UBS. The investment bank downgraded Dell shares to Neutral from Buy in a research note over the weekend, although it lifted its price target to $243 from $167. Dell’s server business is in excellent shape, UBS argued, but demand from artificial-intelligence companies is already baked into the stock price.

Oil rises, stocks mixed on US-Iran deadlock
AFP99d agoneutral
Oil rises, stocks mixed on US-Iran deadlock

Global stock markets diverged while oil prices rose on Monday after US President Donald Trump rejected Iran's terms for ending the war in the Middle East.Beijing has said it is ready to work with Washington in pursuit of "more stability" as the two countries remain at odds over key issues including trade tariffs, the Middle East war and Taiwan.