Opening Bell - 29 / 05 / 2026

Opening Bell - 29 / 05 / 2026

From Stock Market Updates by HDFC Securities

May 29, 2026 · 3 min

About this episode

The episode discusses the record highs of the S&P 500 and Nasdaq driven by improving geopolitical sentiment and strong earnings from Dell Technologies.

Opening Bell - Morning Commentary S&P 500 and Nasdaq hit record closing highs on hopes of an extended U.S.- Iran ceasefire U.S. equities extended their rally on Thursday, with both the S&P 500 and Nasdaq 100 closing at record highs for a third consecutive session. The gains were driven by improving geopolitical sentiment after reports indicated that the U.S. and Iran are close to finalizing a deal to temporarily halt their three-month conflict. The S&P 500 advanced 0.6%, marking its sixth straight day of gains, led by strength in healthcare and technology stocks. The Nasdaq 100 outperformed, rising 0.8%, while the Dow Jones Industrial Average edged up 0.05%. Dell Technologies delivered strong earnings beat post-market, with shares surging over 20% in extended trading. The company also issued an upbeat outlook, highlighting robust demand for AI-driven data center infrastructure, particularly its Nvidia-powered servers. On the macro front, U.S. economic data presented a mixed picture. Inflation-adjusted consumer spending climbed 0.1% in April, in line with expectations. Core PCE prices in April rose 0.2% for the month and 3.3% for the year, against estimates of 0.3% and…

People in this episode

Host: HDFC Securities

Topics covered

  • stock market
  • U.S. economy
  • geopolitical sentiment
  • earnings report
  • consumer spending
  • jobless claims

Keywords

  • S&P 500
  • Nasdaq
  • Dell Technologies
  • jobless claims
  • consumer spending
  • U.S.-Iran ceasefire
  • GDP growth

Mentioned in this episode

Organizations: Dell Technologies, Nvidia

Places: U.S., Iran

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