Evening Market Recap - Thursday, 28-May

Evening Market Recap - Thursday, 28-May

From FactSet Evening Market Recap by Factset

May 28, 2026 · 7 min

About this episode

The episode discusses the rise in US equities and market dynamics influenced by geopolitical updates and earnings reports.

US equities were higher in Thursday trading. Stocks were up and yields were down with the market considering the latest updates around the US/Iran, including an earlier report that stated that a deal on 60-day ceasefire has been reached, but has yet to be signed off on by Trump. Momentum trades returned to market leadership position after slight weakness Wednesday as AI optimism narrative remains intact, while software got a boost from positive takeaways from the latest earnings releases.

Topics covered

  • US equities
  • market recap
  • investing
  • AI optimism
  • software earnings
  • ceasefire

Keywords

  • US equities
  • market recap
  • AI optimism
  • software earnings
  • ceasefire
  • investing

Mentioned in this episode

Places: US, Iran

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