The Dow hit a fresh record as oil cratered another 5.5% on an unconfirmed Iran report that Hormuz traffic would normalize within a month, while a weak 5-year auction kept the bond market's higher-for-longer signal alive.

Brent crude crashed ~6% on US–Iran de-escalation hopes, lifting Asia and Europe to records while US markets sat out Memorial Day. What it means for Brazil.

Rio Times Global Economy Briefing The Big Three Chips drove records. Micron jumped about 19% and topped a $1 trillion valuation on a UBS upgrade, lift

Dow notches fresh all-time high while Nasdaq 100 drops 0.7% as chip stocks unwind. Oil sinks nearly 4% after Iran-US peace draft headlines clash with White House denial.

The Dow hit a fresh record as oil cratered another 5.5% on an unconfirmed Iran report that Hormuz traffic would normalize within a month, while a weak 5-year auction kept the bond…

PCE inflation hit a three-year high at 3.8% and Q1 GDP undershot at 1.6%, yet the S&P 500 and Nasdaq closed at fresh records on a reported 60-day US-Iran ceasefire memorandum.

The Dow closed above 51,000 for the first time as the S&P 500 logged its ninth straight winning week on a reported 60-day US-Iran ceasefire framework.