Weekly Market Recap - Friday, 29-May
From FactSet Evening Market Recap by Factset
May 29, 2026 · 4 min
About this episode
The episode discusses the recent record highs of the S&P 500 and Nasdaq, driven by optimism towards an Iran resolution and AI-related market movements.
The S&P 500 and Nasdaq both ended the week at fresh record highs with the S&P 500 up for a ninth-straight week and Nasdaq up for an eighth week in the past nine. Markets continue to price in optimism toward an Iran resolution. Memory was a standout on the latest AI enthusiasm and pricing power.
Topics covered
- market recap
- S&P 500
- Nasdaq
- AI enthusiasm
- pricing power
- Iran resolution
Keywords
- S&P 500
- Nasdaq
- market recap
- AI
- pricing power
- Iran
Mentioned in this episode
Organizations: S&P 500, Nasdaq
Places: Iran
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