Treasury data shows US business investment surged more than 10 percent in the first quarter of 2026 primarily in new equipment and intellectual property products.
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Nasdaq Composite Also Hit New Closing Record of Around 24892 in April 2026
The Nasdaq Composite joined the S&P 500 at all-time highs in April 2026 closing at approximately 24,892 as AI and technology investments drove the surge.
S&P 500 Reached All-Time High of 7209 at End of April 2026 Amid Strong Business Investment
US equities posted their best monthly gain since 2020 in April as the S&P 500 set a closing record of 7,209 driven by a 10 percent surge in business investment.
IEA Forecasts Sharpest Global Oil Demand Contraction Since COVID-19 Pandemic in Q2 2026
The International Energy Agency revised global oil demand for Q2 2026 down by approximately 1.5 million barrels per day the steepest fall since the COVID-19 pandemic.
Home Depot Comps Finally Catch Lowe’s Opening Door for Stock to Rally
Home Depot reported comparable store sales that matched rival Lowe’s for the first time in years signalling a potential turning point for the home improvement giant’s stock.
Two Top Walmart Executives Leave Company Under New CEO John Furner
Two senior Walmart leaders departed the retailer as new chief executive John Furner implements structural changes at the world’s largest retailer.
Qualcomm Stock Pops as Investors Wake Up to AI Device Boom
Qualcomm shares rallied sharply as investor enthusiasm for the AI device cycle prompted analysts to upgrade their outlook for the chipmaker’s mobile AI chip business.
Dow Jones Industrial Average Stands at 50579 as US Stocks Eye Positive Week
The Dow Jones index was at approximately 50,579 as the week ended with markets positioned for gains driven by Iran ceasefire optimism and strong early 2026 economic data.
Kevin Warsh Takes Oath as New Federal Reserve Chairman Amid Iran Energy Crisis
New Federal Reserve Chairman Kevin Warsh was sworn in on May 22 immediately facing the challenge of managing inflation fuelled by the ongoing US-Iran conflict.
S&P 500 Pushes Back Near Record Highs as Iran Peace Signals Lift Market Sentiment
US equity markets climbed with bulls pushing the S&P 500 close to record levels after Trump signalled an Iran deal was largely negotiated reopening Strait of Hormuz hopes.