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As of May 28, 2026
For informational purposes only.
Today · May 28
Today · May 28
Jun 1
Jun 2
Stocks felt like they were doing the impossible again today: climbing steadily even while the economic dashboard flashed “hot inflation, meh growth.” If you’re looking at new highs in tech and wondering, “Is this real or just 1999 all over again?”, you’re not alone.
Big picture: U.S. stocks rose, led by the Nasdaq, with the S&P 500 up about half a percent and small caps keeping pace. This wasn’t just a couple of mega-caps pulling the index: the average stock did better than the S&P, and more than half of names finished higher.
The star again was tech and anything tied to AI. The tech sector jumped over 1%, with heavyweights like Microsoft and AMD up more than 3–4%, and Marvell also ripping higher. Semiconductors are in what some are calling a “most hated” rally: prices keep rising even while plenty of traders are betting against them.
On the flip side, the market dumped its safety blankets. Utilities fell more than 1%, real estate and financials slipped, and low-volatility funds were down even as high‑beta (more volatile) stocks gained over 1%. In plain terms: investors chose speed over seatbelts.