Dow Hits Record 51,658 on Rotation Day — Now All Eyes on NFP as the FOMC Clock Ticks and Lululemon Slashes Guidance Thursday delivered one of the week's most striking sessions: the Dow surged 875 points to a record 51,658 as investors rotated hard from battered chip stocks into healthcare, financials and industrials — even as Broadcom closed down 12.6% and dragged the entire semiconductor complex lower. Lululemon slashed full-year guidance after the bell, sending shares down

Iran Missiles Strike Kuwait & Bahrain — Nine-Day Streak Snapped — Broadcom −13% and CrowdStrike −10% After Hours Wednesday delivered a three-front shock: Iran fired missiles at Kuwait and Bahrain damaging infrastructure and killing at least one person; Broadcom's first-ever revenue miss since its VMware acquisition sent shares plunging 13% afterhours despite record AI revenues; and CrowdStrike issued weak Q2 guidance alongside a 4-for-1 stock split.

S&P 500 Above 7,600 for the First Time as Markets Enter Jobs Week — ADP Today, NFP Friday, SpaceX Roadshow Launches Nine consecutive weekly gains. The S&P 500 above 7,600 for the first time ever. The Dow above 51,300. Tech at all-time highs. And now — Jobs Week. ADP private payrolls hit the tape at 08:15 ET this morning, the first in a chain of employment prints that culminates with Friday's May Nonfarm Payrolls — the most consequential jobs report in months before Warsh's FO

Dow Notches Third Consecutive Record as Oil Hits $88 — But White House Calls Iran's Hormuz Pledge a "Complete Fabrication" A bombshell from Iranian state media — that Iran would restore Strait of Hormuz traffic to pre-war levels within one month — sent WTI crude plunging 5% to $88/barrel before the White House flatly denied the report. Oil stabilised near $88, but the damage to the Dow was zero: it rose 245 points to a third straight record. Micron is now a $1 trillion compan

Markets Return to a Changed Landscape — Oil at $91, US–Iran Deal Edging Forward, But "Self-Defense Strikes" Complicate the Picture The three-day weekend delivered the most significant geopolitical shift since the war began. WTI crude tumbled nearly 6% to ~$91/barrel on Monday — the lowest since the Iran conflict started in February.

A landmark week: Nvidia's record $81.6B quarter, SpaceX's historic IPO filing, a Dow Jones all-time record high, and a US–Iran peace deal now described as "largely negotiated." Full global recap and everything you need for the Memorial Day holiday week of 26–29 May 2026.

The Dow Jones closed at yet another record — 50,285.66 — on Thursday even as Iran's supreme leader declared enriched uranium must stay within its borders, torpedoing the "final stages" deal narrative that drove Wednesday's euphoria. Oil initially spiked back above $101 before retreating to close at $96.35.

Weekend Market Intelligence Brief Comprehensive global market recap covering Friday's US close, European session, overnight Asian developments — and everything traders need to know ahead of the week of May 18, 2026.

A devastating April PPI print — +1.4% MoM, +6.0% YoY, the worst since 2022 — was shrugged off by a Nasdaq charging higher on pure AI momentum. Nvidia's CEO Jensen Huang joining Trump's China delegation has lit up the chip trade. Oil is easing. The 30-year Treasury just cleared 5% for the first time since 2007. Cisco reports in one hour. The market is bifurcated — and the macro‑vs‑tech standoff is intensifying.

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