Loading article…

The S&P 500 and Nasdaq reached record highs as investors prioritized AI-linked stocks despite rising oil prices and uncertainty regarding US-Iran relations.
The S&P 500 and Nasdaq Composite both closed at record highs on May 11, even as geopolitical tensions between the United States and Iran intensified [1]. Despite concerns over the stability of a month-old ceasefire and a surge in energy costs, investors remained focused on the strength of the technology sector [1].
Key takeaways
The market rally persisted despite a breakdown in diplomatic efforts between the US and Iran. Iran had submitted a new proposal to US negotiators intended to end the war and lift sanctions, but President Donald Trump rejected the offer, labeling it “TOTALLY UNACCEPTABLE!” in a post on Truth Social [1]. Following the rejection, President Trump warned that the existing ceasefire was “on life support” and described the agreement as “unbelievably weak” [1].
In response to the heightened tensions, oil prices experienced a significant jump. Brent crude rose 2.88% to close at $104.20 per barrel [1]. However, market participants appeared largely unfazed by these developments, choosing instead to prioritize the performance of AI-related stocks [1]. Jay Hatfield, founder and CEO of Infrastructure Capital Advisors, noted that the technology boom is currently so powerful that many investors are “tuning out the Middle East” [1].
The technology sector remained the primary engine for the market’s record-breaking performance. Chipmaker Micron Technology saw its shares rise 6.5%, while NVIDIA gained nearly 2% [1]. Analysts at Citigroup continue to view the Nasdaq 100 as a preferred vehicle for exposure to the artificial intelligence boom [1]. Strategist Scott Chronert noted that while valuations remain high by historical standards, the optimism surrounding expected earnings growth tied to AI continues to support the market [1].
The current market environment reflects a tug-of-war between geopolitical instability and the perceived long-term growth potential of the artificial intelligence sector. While energy prices have surged due to fears regarding the Iran conflict, the "unprecedented" technology boom is currently offsetting those concerns [1]. Looking ahead, experts suggest the market could remain relatively flat in the coming months as investors balance the ongoing Middle East conflict against the sustained momentum of AI-linked earnings growth [1].
Coverage is mostly measured — 171 of 243 reports stay neutral.
Every Monday — the token unlocks, Fed dates & catalysts set to move crypto and markets this week. So you’re never blindsided.
Free · 3-min read · one-click unsubscribe
Crypto Lending is a trending topic in the news. Recent coverage of Crypto Lending includes: Vietnam proposes allowing SMEs to use digital assets as loan collateral - TradingView.
10 news sources analyzed
Based on our analysis of recent news articles, Crypto Lending has mixed coverage. Check the sentiment score above for detailed analysis.
TrendWatcher aggregates Crypto Lending news from 100+ trusted sources and provides AI-powered sentiment analysis updated in real-time.
AI-assisted synthesis by the TrendWatcher Editorial Desk · sourced from 2 outlets · Jun 1, 2026 · How we report