U.S. stock indexes hit records as Cisco earnings lift AI demand optimism

U.S. stocks rose May 14, 2026, with the S&P 500 and Nasdaq Composite closing at records after Cisco Systems reported stronger-than-expected early-2026 profit and cited demand from AI-related customers. The S&P 500 gained 56.99 points, or 0.8%, to 7,501.24, marking a second straight record close. The Dow Jones Industrial Average rose 370.26 points, or 0.7%, to 50,063.46, its first close above 50,000 since the start of the war with Iran. The Nasdaq added 232.88 points, or 0.9%, to 26,635.22. The Russell 2000 advanced 19.15 points, or 0.7%, to 2,863.09. For the week, the S&P 500 is up 1.4%, the Dow 0.9%, the Nasdaq 1.5% and the Russell 2000 0.1%. Year to date, the S&P 500 has risen 9.6%, the Dow 4.2%, the Nasdaq 14.6% and the Russell 2000 15.4%. Oil prices were little changed.