Friday, 29 May 2026: Markets UP as U.S. and Iran agreed to extend their ceasefire

Friday, 29 May 2026: Markets UP as U.S. and Iran agreed to extend their ceasefire

May 28, 2026 · 5 min

About this episode

U.S. equity indices reached record highs following an agreement between the U.S. and Iran to extend their ceasefire, alongside new economic data.

Benchmark US equity indices climbed and booked record highs after the U.S. and Iran agreed to extend their ceasefire , while investors also digested the latest U.S. inflation and revised economic growth figures – Dow added +25-points or +0.05% to a record closing peak of 50,668.97 . Microsoft Corp +3.47% after news website The Information reported that the company would release a new coding model next ​week . International Business Machines (IBM) Corp (+3.53%) and Nike Inc +3.02% also gained over >3%. Caterpillar Inc (down -2.45%) was the worst performer in the 30-stock index .

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Host: Morgans Financial Limited

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Organizations: Microsoft Corp, International Business Machines (IBM) Corp, Nike Inc, Caterpillar Inc

Places: U.S., Iran

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