EPISODE · May 31, 2026 · 10 MIN
AI Boom masks Iran Limbo
from MPC Markets Morning Call · host MPC Markets
US Stock Market Hits Fresh Records as AI FrenzyIntensifies | Market RecapUS equities surged to new all-time highs on Friday, markingthe S&P 500’s ninth straight weekly gain. The S&P 500 closed at7,581.65, the Dow at 51,032.34, and the Nasdaq at 26,972.62 as traders bet onan imminent US–Iran ceasefire extension while the AI infrastructure trade hitfever pitch.In this episode, we break down the key market movers,geopolitical developments, oil price collapse, and what’s ahead for the ASX 200this week.Key Market Highlights: What’s Moving Markets: Australia Market Preview:SPI futures point the ASX 200 13 points (0.1%) lowerat the open. Focus this week on three RBA appearances (including GovernorBullock) and Q1 GDP on Wednesday.Timestamps: 00:00 – Market Open Recap 02:15 – S&P500, Dow & Nasdaq Record Closes 04:40 – AI Infrastructure Boom: Dell,Snowflake, Okta 07:25 – Oil Crash: Brent & WTI Update 09:50 – Geopolitics:US–Iran Ceasefire Latest 12:10 – ASX 200 & RBA OutlookIf you're trading US or Australian markets, want dailymarket insights, or follow the AI megatrend, make sure to subscribe andhit the notification bell.What are your thoughts on the AI trade and oil prices?Drop a comment below.
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AI Boom masks Iran Limbo
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