S&P 500 Extends Winning Streak to Nine Weeks Amid Mixed Economic Signals

The S&P 500 recorded its ninth consecutive weekly advance, the longest such streak since December 2023. 6 percent. Technology stocks led the gains.

Dell Technologies surged 33 percent after reporting profits that exceeded market expectations and raising its outlook on the back of strong demand for AI computing. S. indices closer to fresh records and positioned them to end May 2026 with solid gains.

Markets in Europe and Asia also traded mostly higher. Investor sentiment was supported by reports that the United States and Iran are working towards an agreement to extend the current ceasefire arrangement, helping ease pressure on energy markets. 10 a barrel, although it remained above the roughly $70-a-barrel level seen before the conflict began in late February.

S. 55 a barrel. Treasury yields were largely unchanged as lower oil prices helped ease some inflation concerns. S. 45 percent, unchanged from late Thursday.

Higher oil prices remain a key concern for investors as the conflict has disrupted oil shipments through the Strait of Hormuz, a critical route that handles roughly one-fifth of global oil and natural gas trade. The resulting rise in fuel and transportation costs has added to inflationary pressures and weighed on consumers and businesses. S.

Federal Reserve accelerated in April 2026 to its highest level in three years, while consumer confidence has weakened amid rising prices and pressure on household budgets.