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    • Samsung leads South Korea tech brands at US$97.4 billion
    • Oil prices jump as Hormuz traffic falls and Brent tops $88
    • PizzaExpress waiter awarded £5,469 in harassment case
    • Energy decline pushes US inflation down to 3.5%
    • Google sued over alleged book use in Gemini training
    • Wall Street closes lower as tech and oil markets split
    • Oil prices surge nearly 10% as Brent reaches $83.30
    • Gold drops 3% as oil surge lifts US rate expectations
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    Home » US stocks rise as Dow hits record and S&P 500 streak grows
    Business

    US stocks rise as Dow hits record and S&P 500 streak grows

    May 23, 2026
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    NEW YORK / Content Syndication Services / — U.S. stocks closed higher Friday, with the Dow Jones Industrial Average finishing at a record and the S&P 500 extending its weekly advance to eight straight weeks, the benchmark index’s longest run of weekly gains since December 2023. The S&P 500 rose 0.4 percent to 7,473.47 on May 22, 2026, while the Dow climbed 294 points, or 0.6 percent, to 50,579.70.

    US stocks rise as Dow hits record and S&P 500 streak grows
    US equity markets rose as investors tracked earnings, bond yields and major index records. (AI-generated image)

    The Nasdaq Composite gained 0.2 percent to 26,343.97, adding to its weekly rise as large technology shares ended mixed but broadly supported the market’s advance. The Russell 2000 index of smaller companies rose 0.9 percent to 2,869.23, outpacing the major large-cap benchmarks for the session. Gains were spread across much of the market, with nine of the 11 S&P 500 sectors ending higher.

    For the week, the S&P 500 added 0.9 percent, the Dow rose 2.1 percent, the Nasdaq gained 0.5 percent and the Russell 2000 advanced 2.7 percent. The Dow Jones Industrial Average closed at a new high after moving further above the 50,000 mark, while the S&P 500 remained close to its own record levels following a strong stretch for equities through May.

    Broad gains lift indexes

    Corporate earnings remained a central focus for investors as several companies posted strong single-day moves after reporting results. Dell Technologies and HP recorded sharp gains following computer-sector earnings updates, while Workday advanced after quarterly results exceeded market expectations. Ross Stores, Zoom Communications and other consumer and technology-linked names also rose after earnings reports or outlook updates drew buying.

    Semiconductor shares were mixed but remained important to the broader market’s direction. Qualcomm posted a double-digit percentage gain, while Nvidia declined on the day. Large technology and artificial intelligence-linked companies have been major contributors to the market’s 2026 advance, though Friday’s trading showed a wider mix of leadership, including strength in health care, utilities, industrials and selected consumer shares.

    Weekly streak reaches eight

    Bond yields eased late in the week after earlier increases in longer-dated Treasury yields had pressured stocks. The 10-year Treasury yield moved lower Friday, reducing one source of strain for equity valuations, while the 30-year Treasury yield remained a closely watched measure after touching elevated levels earlier in the week. The Federal Reserve remained in focus as investors continued to assess inflation data, consumer sentiment readings and interest-rate expectations.

    Energy prices also drew attention as crude oil fell over the week amid developments tied to Middle East diplomacy and supply concerns. The move in oil coincided with improved equity sentiment on Friday, though inflation remained a recurring issue for markets after recent data showed consumers continued to expect higher prices. The session capped a week in which major U.S. indexes advanced despite concerns over geopolitics, inflation and long-term borrowing costs.

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    Samsung leads South Korea tech brands at US$97.4 billion

    July 20, 2026

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