Wall Street continues to reach historical highs.

The trading session on May 27th closed on high spirits as all three major Wall Street indexes set record closing highs. Optimism spread thanks to positive corporate earnings, lower oil prices, and expectations that the Fed would maintain a stable policy.

Investor optimism returned, pushing all three major Wall Street indexes to record new closing highs on May 27th.

The US stock market continued to make history on May 27th (US time), with all three major indices – the Dow Jones, S&P 500, and Nasdaq Composite – closing at all-time highs. The market's upward momentum was supported by positive corporate earnings results, lower bond yields, and expectations of further easing geopolitical tensions in the Middle East.

At the close of trading, the Dow Jones Industrial Average rose 182.6 points, or 0.36%, to 50,644.28, its highest closing level in history. The S&P 500 edged up 1.24 points to 7,520.36, while the Nasdaq Composite gained 18.55 points to 26,674.74. This also marks the first time in 2026 that all three major Wall Street indices closed at their all-time highs.

Meanwhile, the Russell 2000 index, representing small-cap companies, edged down less than 0.1% to 2,919.94 points. Nevertheless, the overall market trend remains positive as strong capital flows continue into the US stock market.

The trading session on May 27th also clearly reflected a shift in capital flow trends. After a prolonged period of rapid growth in technology and artificial intelligence (AI) stocks, investors began to shift their portfolios towards defensive stocks and companies with more stable profit foundations.

According to Reuters, the consumer staples and healthcare sectors became a significant driver supporting the Dow Jones index. Procter & Gamble shares rose more than 3%, while UnitedHealth gained nearly 2%. Conversely, the semiconductor and technology sectors faced considerable profit-taking pressure after their earlier gains. Qualcomm fell about 6%, Marvell lost nearly 5%, Nvidia declined about 1%, and Intel retreated more than 1%.

Experts believe this is primarily short-term portfolio restructuring rather than a negative signal for the technology outlook. The wave of investment in AI, cloud computing, and data centers is still considered a crucial long-term growth driver for the US market for many years to come.

One of the factors strongly supporting investor sentiment is the de-escalation of tensions in the Middle East. According to reports from AP, Reuters, and CNN, negotiations between the US and Iran are showing more positive signs, increasing expectations that the risk of disruptions to global oil supply will decrease.

This news immediately impacted the energy market, with crude oil prices plummeting more than 4% in the trading session. Energy stocks in the S&P 500 therefore fell by about 1.5%. However, stock investors viewed this development as a positive sign because lower oil prices would help reduce inflationary pressure in the US.

US Treasury yields also fell slightly during the session, further supporting market sentiment. Investors expect that if inflation remains stable, the Federal Reserve will have more room to maintain a less restrictive monetary policy in the future. This is a particularly important factor for stock valuations in the context of a market that has risen sharply over the past several months.

The second-quarter 2026 earnings season continues to provide impetus to the market. Several retail businesses have reported profits exceeding analysts' expectations, indicating that consumer spending in the US remains relatively strong despite the prolonged high interest rate environment.

Shares of Bath & Body Works and Abercrombie & Fitch both surged after better-than-expected earnings reports. This helped bolster confidence that the U.S. economy remains relatively resilient to inflationary pressures and high capital costs.

Nevertheless, the market still showed some notable downsides. Zscaler shares plunged more than 30% after the company issued a less-than-optimistic revenue forecast. GlobalFoundries fell nearly 10% due to news related to a planned large-scale share sale. Meanwhile, JPMorgan dropped more than 2% after CEO Jamie Dimon warned that the bank's operating costs could be higher than expected.

According to experts at Goldman Sachs, the outlook for US corporate earnings remains relatively positive and could continue to support the market in the second half of 2026. Notably, Goldman Sachs has raised its year-end target for the S&P 500 to 8,000 points, reflecting confidence in the US economy's ability to maintain stable growth despite numerous global risks.

Nevertheless, investors remain cautious ahead of the upcoming release of key economic data, particularly inflation and the US labor market. These factors will significantly influence the Fed's monetary policy direction as well as the flow of funds in global financial markets in the coming period.

Source: https://thoibaonganhang.vn/pho-wall-tiep-tiep-lap-dinh-lich-su-182659.html