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On May 29 2026 the Dow, S&P 500 and Nasdaq all rose, extending record‑setting gains. Details on daily moves and weekly performance.
U.S. equity markets ended Friday on an upward note, with the Dow Jones Industrial Average, the S&P 500 and the Nasdaq Composite each posting gains that added to the record highs set the day before【2】.
Key takeaways
Friday’s trading saw broad participation across major indices. The Dow’s 0.7% rise was driven by gains in industrial and financial stocks, while the S&P 500’s modest 0.2% increase marked its seventh consecutive daily gain and ninth straight winning week—the longest streak since 2023【2】. Technology shares led the Nasdaq’s advance, with Dell Technologies posting a 32.8% jump after reporting earnings that exceeded expectations and raising its outlook on strong AI demand【2】. In contrast, the small‑cap Russell 2000 slipped, reflecting a modest pullback in the segment despite overall market optimism.
Over the week ending May 29, the Dow added 452.76 points (0.9%), the S&P 500 rose 106.59 points (1.4%) and the Nasdaq climbed 628.65 points (2.4%)【2】. Year‑to‑date, the Dow is up 2,969.17 points (6.2%), the S&P 500 up 734.56 points (10.7%) and the Nasdaq up 3,730.63 points (16.1%)【2】. These gains follow a series of record‑setting sessions in early May, underscoring continued investor confidence in large‑cap equities and AI‑related technology firms.
The sustained upward trajectory of the major indices highlights a market environment that remains supportive of growth stocks, particularly those tied to artificial intelligence and semiconductor demand. While the broader market rallied, the decline in the Russell 2000 suggests that smaller‑cap investors may be more cautious amid lingering geopolitical uncertainties. Analysts will watch upcoming earnings and any developments in U.S.–Iran negotiations for potential impacts on market momentum.
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