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Evening Market Recap - Wednesday, 13-May

EPISODE · May 13, 2026 · 4 MIN

Evening Market Recap - Wednesday, 13-May

from FactSet Evening Market Recap

US equities closed mixed Wednesday as the S&P 500 and Nasdaq set fresh record highs on continued strength in semis and big tech, though negative breadth and a hotter-than-expected April PPI print kept caution in focus. Nvidia CEO Jensen Huang joined Trump on his China trip in a sentiment boost for AI names, while Alibaba, Nebius, and Tower Semiconductor stood out on earnings ahead of Cisco's print after the close.

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Evening Market Recap - Wednesday, 13-May

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