Wall Street soars, Nasdaq and S&P 500 extend their all-time highs.

The US stock market closed on May 6th on high spirits as key Wall Street indices surged. Expectations of easing tensions in the Middle East, along with the strong performance of technology, AI, and semiconductor sectors, continued to drive the S&P 500 and Nasdaq to new record highs.

Returning investor optimism fueled a strong surge on Wall Street, pushing the S&P 500 and Nasdaq to new all-time highs on May 6th.

The trading session on May 6th (US time) closed in overwhelming green as strong capital inflows into the US stock market helped major indices rise impressively. Notably, the S&P 500 and Nasdaq Composite continued to set new historical highs, amid significantly improved investor sentiment driven by expectations that geopolitical tensions in the Middle East may soon ease.

At the close of trading, the S&P 500 rose 105.90 points, or 1.5%, to 7,365.12, its highest level ever. The Nasdaq Composite surged 512.82 points, or 2%, to 25,838.94, continuing to lead the market's gains. Meanwhile, the Dow Jones Industrial Average also rose 612.34 points, or 1.2%, to 49,910.59.

The money flow is not limited to large-cap stocks; it's also spreading strongly to small and medium-sized enterprises. The Russell 2000 index rose 41.77 points, or 1.5%, to 2,886.77 points, indicating a significant improvement in investor risk appetite after several previous volatile sessions.

The biggest driver of the market in this session came from expectations that the US and Iran could reach an agreement to ease tensions in the Persian Gulf region. News that the White House is close to a memorandum of understanding with Tehran immediately had a positive impact on global investor sentiment, especially given the recent pressure on the market due to concerns about escalating conflict in the Strait of Hormuz.

Positive geopolitical developments have driven oil prices down sharply. Brent crude briefly fell below $102 per barrel, while WTI crude lost more than 7%. Although the decline narrowed somewhat towards the end of the session, this is still considered an important signal for global financial markets.

Lower energy prices have led investors to expect a reduction in inflationary pressure in the US, thereby creating more room for the Federal Reserve (Fed) to be more flexible in managing monetary policy. This is particularly important given that the Fed continues to maintain a cautious stance regarding the risk of persistent inflation.

Alongside geopolitical factors, technology stocks continued to play a leading role in driving the market upward. Stocks related to artificial intelligence (AI), semiconductors, and data centers all surged after a series of positive earnings reports.

AMD shares became the focus of attention after surging following the announcement of a 57% increase in data center revenue, far exceeding analysts' expectations. This positive business result further reinforces the belief that the AI ​​wave will remain the biggest growth driver for the US technology market in 2026.

AMD's surge has also had a ripple effect on many other large-cap technology stocks, helping the Nasdaq continue to be the strongest performing index on Wall Street year-to-date. Statistically, the Nasdaq has risen more than 11% since the beginning of 2026, thanks to the continuous inflow of capital into high-growth technology stocks.

Meanwhile, the Russell 2000 has risen more than 16%, indicating that money is not only concentrated in the "Magnificent Seven" but is also flowing into smaller-cap stocks. The S&P 500 is currently up about 7.6% year-to-date, while the Dow Jones is up nearly 4%.

Many experts believe the market is currently supported by two key factors. First, the expectation that the Fed will have more room to ease policy if oil prices and inflation continue to cool. Second, the outlook for corporate earnings in the second quarter of 2026 remains positive, especially in the technology, semiconductor, and AI sectors.

Not only US stocks, but global financial markets also rallied on May 6th. US government bond yields fell, the US dollar weakened, while many European and Asian stock markets surged on expectations that geopolitical risks would be brought under control.

Nevertheless, analysts remain cautious. Many believe that negotiations in the Middle East still carry the risk of unexpected breakdown, similar to previous instances. This means that significant volatility could return if unfavorable information emerges regarding Iran or oil shipments through the Persian Gulf.

Another positive sign is that the Dow Jones has officially emerged from its technical correction zone after two consecutive recovery sessions. This development indicates that investor confidence is gradually returning after a period of heightened concern about the risk of escalating geopolitical tensions earlier in the week.

Experts believe that if oil prices remain stable and the corporate earnings reporting season continues to be positive, Wall Street could extend its streak of record highs in the near future. However, geopolitical developments in the Middle East and the Fed's policy direction will remain two major variables that global investors need to closely monitor this May.

Source: https://thoibaonganhang.vn/pho-wall-thang-hoa-nasdaq-va-sp-500-noi-dai-chuoi-dinh-lich-su-181581.html