About this episode

The episode discusses the recent rally in tech stocks and its impact on market indices amidst global uncertainties.

The S&P500 and Nasdaq booked fresh record closing highs as equity and bond markets resumed trading following the Memorial Day long weekend, with a rally in memory-chip companies overshadowing fresh uncertainty around the Middle East peace negotiations – Dow eased -118-points or -0.23% . Chevron Corp (down -3.51%) and UnitedHealth Group Inc (-2.99%) were the worst performers in the 30-stock index . Caterpillar Inc rallied +3.26%.

Topics covered

• market trends
• tech rally
• equity markets
• bond markets
• global uncertainty
• Middle East negotiations

Keywords

• S&P500
• Nasdaq
• tech rally
• Chevron
• UnitedHealth
• Caterpillar
• Memorial Day
• market highs
• Middle East

Mentioned in this episode

Organizations: Chevron Corp, UnitedHealth Group Inc, Caterpillar Inc, S&P500, Nasdaq, Dow

Places: Middle East

More episodes of Morgans AM

• Friday, 5 June 2026: US equity markets firmer amid yet another bout of optimism around a resolution to the US-Iran conflict · June 4, 2026 · 6 min
• Thursday, 4 June 2026: Five Session Stretch Broken as US Markets Retreat · June 3, 2026 · 7 min
• Morgans AM Tuesday 2 June 2026 · June 1, 2026 · 7 min
• Friday, 29 May 2026: Markets UP as U.S. and Iran agreed to extend their ceasefire · May 28, 2026 · 5 min
• Monday, 25 May 2026: Markets Hit Record Highs as Merck Surges and Nvidia Slips · May 24, 2026 · 7 min
• Friday, 22 May 2026: Markets Advance to cap another strong week · May 21, 2026 · 5 min

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