ET 16:27

S&P 500 Extends Record Run with Ninth Straight Weekly Gain

IMP3.5
SNT+0.6
CONF95%
Narrative

The S&P 500 rose 0.2% on Friday, May 29, 2026, to close at a record 7,580.06, extending its winning streak to a seventh session and clinching a ninth consecutive weekly gain—the longest since 2023. The Dow Jones Industrial Average added 0.7% to 51,032.46, and the Nasdaq composite edged up 0.2% to 26,972.62. The Russell 2000 index of smaller companies slipped 0.6% to 2,919.34. Tech stocks drove the gains, with Dell Technologies surging 32.8% after profit and revenue exceeded Wall Street forecasts, buoyed by robust AI computing demand. Dell also raised its outlook. For the week, the S&P 500 gained 1.4%, the Dow 0.9%, and the Nasdaq 2.4%. Year-to-date, the S&P 500 is up 10.7%, the Dow 6.2%, the Nasdaq 16.1%, and the Russell 2000 17.6%. European and Asian markets mostly rose, while Brent crude fell 1.7%.

EditorTan Wei Jie