EPISODE · May 29, 2026 · 11 MIN
Nasdaq Caps 8% May Surge as Dell Jumps 33% and Gap Crashes 15%
from Market Brief - After Hours
On today's episode of Market Brief – After Hours, Dell Technologies posted its best single day on record — a 33% surge — as the Nasdaq closed out May with an 8% monthly gain at a record 26,973, with the S&P 500 and Dow also hitting all-time highs. We break down what drove the tech rally, why retail names like Gap and American Eagle took a serious hit, and what the cooling oil price on Middle East diplomacy means for the broader macro picture. We also cover FX moves across EUR/USD, GBP/USD, AUD/USD and NZD/USD, gold's push to $4,547, and record closes from Tokyo to Seoul. Hosted on Acast. See acast.com/privacy for more information.
What this episode covers
On today's episode of Market Brief – After Hours, Dell Technologies posted its best single day on record — a 33% surge — as the Nasdaq closed out May with an 8% monthly gain at a record 26,973, with the S&P 500 and Dow also hitting all-time highs. We break down what drove the tech rally, why retail names like Gap and American Eagle took a serious hit, and what the cooling oil price on Middle East diplomacy means for the broader macro picture. We also cover FX moves across EUR/USD, GBP/USD, AUD/USD and NZD/USD, gold's push to $4,547, and record closes from Tokyo to Seoul. Hosted on Acast. See acast.com/privacy for more information.
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Nasdaq Caps 8% May Surge as Dell Jumps 33% and Gap Crashes 15%
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