Market Snapshot Index Close Change % Change S&P 500 7,584.31 +30.63 +0.41% NASDAQ 26,830.96 -23.02 -0.09% DOW 51,561.93 +874.86 +1.73% Russell 2000 2,935.33 +41.81 +1.45% VIX 15.40 -0.70 -4.35% A textbook rotation day: the Dow ripped to a record while the Nasdaq slipped, as a Broadcom earnings miss sank semis and money rotated into healthcare, cyclicals, and small caps. The VIX fell to 15.4, helped by an easing Middle East backdrop. ...
Market Snapshot Index Close Change % Change S&P 500 7,553.68 -56.10 -0.74% NASDAQ 26,853.98 -239.92 -0.89% DOW 50,687.07 -620.72 -1.21% Russell 2000 2,893.51 -38.45 -1.31% VIX 16.06 +0.28 +1.77% Breaking News & Macro Events Iran Launches Missiles at Kuwait and Bahrain — The Motley Fool Iran struck infrastructure in Kuwait and Bahrain, escalating Middle East tensions and reigniting fears over Strait of Hormuz supply disruption. The strikes pushed crude higher (WTI +1.7% to $96.33) and triggered a broad risk-off move across equities, with small caps (Russell -1.31%) and the Dow (-1.21%) leading declines. This was the primary catalyst behind today’s selloff. ...
Market Snapshot Index Close Change % Change S&P 500 7,609.78 +9.82 +0.13% NASDAQ 27,093.90 +7.09 +0.03% DOW 51,307.79 +228.91 +0.45% Russell 2000 2,931.96 +26.20 +0.90% VIX 15.77 -0.28 -1.74% The S&P 500 closed above 7,600 for the first time, with breadth doing the heavy lifting — the Russell 2000 (+0.90%) and Dow (+0.45%) outpaced a flat Nasdaq. The VIX slipped under 16, signaling calm on the surface even as the AI trade fractured underneath. ...
Market Snapshot Index Close Change % Change S&P 500 7,599.96 +19.90 +0.26% NASDAQ 27,086.81 +114.19 +0.42% DOW 51,078.88 +46.42 +0.09% Russell 2000 2,905.76 -13.58 -0.47% VIX 16.05 +0.71 +4.63% The S&P 500 and NASDAQ both closed at fresh record highs, but the gains were narrow — small caps (Russell 2000) fell and the VIX ticked up, signaling investors rotated into a handful of AI winners rather than buying broadly. Breaking News & Macro Events Nvidia’s New PC Chip Drives Tech Rally; S&P 500 Hits All-Time High — TheStreet NVIDIA unveiled its Arm-based RTX Spark superchip for PCs at COMPUTEX, sending its shares up ~5.6% and lifting PC hardware names (Dell +10%, HP +8%). The flip side: Intel fell ~5% as the launch directly threatens its CPU franchise. The day’s record closes were powered almost entirely by this single catalyst. ...
Market Snapshot Index Close Change % Change S&P 500 7,580.06 +16.43 +0.22% NASDAQ 26,972.62 +55.15 +0.20% DOW 51,032.46 +363.49 +0.72% Russell 2000 2,919.34 -17.23 -0.59% VIX 15.32 -0.44 -2.79% Large caps grinding to fresh records while small caps lag — the index strength is concentrated, not broad. Breaking News & Macro Events Dell surges ~33% on earnings beat as the AI trade rolls on — Yahoo Finance Dell’s blowout Q1 guidance ($43.8B revenue vs. ~$34.8B consensus) lit a fire under the AI infrastructure complex, dragging Super Micro and server names higher. The result reinforces that the data-center capex cycle remains intact, and it was the day’s dominant driver of risk appetite. ...
Market Snapshot Index Close Change % Change S&P 500 7,520.36 +1.24 +0.02% NASDAQ 26,674.73 +18.55 +0.07% DOW 50,644.28 +182.60 +0.36% Russell 2000 2,919.94 -0.60 -0.02% VIX 16.29 -0.72 -4.23% Breaking News & Macro Events EU Approves US Trade Deal Implementation Amid Tariff Threats — Euronews The EU reached agreement to implement the US trade deal eliminating duties on most US industrial goods, concluding negotiations after Trump threatened 25% tariffs on EU cars by July 4. The Commission retains authority to suspend the deal if the US fails to lift tariffs on European steel and aluminum by year-end 2026. ...
Market Snapshot Index Close Change % Change S&P 500 7,519.12 +45.65 +0.61% NASDAQ 26,656.18 +312.21 +1.19% DOW 50,461.68 -118.02 -0.23% Russell 2000 2,920.54 +51.31 +1.79% VIX 17.01 +0.42 +2.53% Breaking News & Macro Events Brent Crude Plunges 6%+ on US–Iran Ceasefire Optimism — Fortune Brent crashed to $96.47/bbl, the lowest since April, as the US and Iran discussed extending a two-month ceasefire that would lift the US blockade and reopen the Strait of Hormuz. WTI followed lower (-3.07%). Energy weakness was the day’s most consequential macro signal — softening inflation expectations while removing a key geopolitical tail risk. ...
Market Snapshot Index Close Change % Change S&P 500 7,473.47 +27.75 +0.37% NASDAQ 26,343.97 +50.87 +0.19% DOW 50,579.70 +294.04 +0.58% Russell 2000 2,869.23 +25.77 +0.91% VIX 16.70 -0.06 -0.36% Markets closed broadly higher heading into the Memorial Day weekend, with the Dow setting a new record close. Small caps led on the day as the Russell 2000 outpaced large-cap benchmarks, while volatility eased back below 17. Breaking News & Macro Events Trade Court Rejects Trump’s Section 122 Global Tariffs — Baker Botts A divided U.S. Court of International Trade panel ruled on May 7 that President Trump’s 10% global tariffs imposed under Section 122 of the Trade Act of 1974 were unlawful, rejecting an expansive reading that would have allowed Section 122 to function as a catch-all tariff power. Treasury Secretary Scott Bessent has indicated tariffs could return to prior levels by early July through other authorities, keeping trade policy on investors’ watch list. ...
Market Snapshot Index Close Change % Change S&P 500 7,445.72 +12.75 +0.17% NASDAQ 26,293.10 +22.74 +0.09% DOW 50,285.66 +276.31 +0.55% Russell 2000 2,843.45 +26.09 +0.93% VIX 16.76 -0.69 -3.95% Breaking News & Macro Events U.S.-Iran Negotiations Boost Equities; Dow Hits Record on Geopolitical Optimism — TheStreet Dow Jones rose 0.55% to a record 50,285.66 on reports of a U.S.–Iran draft agreement. Oil prices fell nearly 2% as geopolitical tensions eased. Russell 2000 led broad-market gains (+0.93%) and the VIX dropped almost 4%, signaling a clear risk-on tone even as mega-cap tech sat out the rally. ...
Market Snapshot Index Close Change % Change S&P 500 7,432.97 +79.36 +1.08% NASDAQ 26,270.36 +399.65 +1.54% DOW 50,009.35 +645.47 +1.31% Russell 2000 2,817.36 +70.29 +2.56% VIX 17.44 -0.63 -3.49% The Dow crossed 50,000 for the first time as small caps led, the VIX cooled below 18, and risk appetite returned ahead of NVIDIA’s after-hours print. Breaking News & Macro Events NVIDIA Beats Earnings, Raises Guidance; S&P 500 Climbs 0.32% — TheStreet NVIDIA reported Q1 FY2027 revenue of $81.62B (+85% YoY) with $91B Q2 guidance and authorized an $80B buyback alongside a quarterly dividend bump to 25 cents. Despite the headline beat, shares dipped in after-hours trading, suggesting expectations had been priced in. ...