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Source document· May 28, 2026

S&P 500 and Nasdaq 100 Post Record Highs on US-Iran Truce Reports

View original at nasdaq.com
S&P 500 and Nasdaq 100 Post Record Highs on US-Iran Truce Reports The S&P 500 Index ($SPX) (SPY) on Thursday closed up +0.58%, the Dow Jones Industrial Average ($DOWI) (DIA) closed up +0.05%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +0.84%…
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  • US consumer prices are still 'much too high' and bringing down inflation remains his top priority.

    60% confidence

  • Inflation is meaningfully above target, inflation expectations are rising, and the Fed should respond to higher real rates by hiking policy.

    60% confidence

  • Trade Desk coverage reinstated with a sell recommendation and a price target of $11.

    60% confidence

  • Inflation is headed in the wrong direction and she would be prepared to raise interest rates if that persists.

    60% confidence

  • CarGurus initiated with an overweight rating and a price target of $35.

    60% confidence

  • The impact of the Iran war will take longer to show in the labor market, and the 'second round' of the energy shock on the Eurozone will persist for a while.

    60% confidence

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Federal Reserve · implied rate cut probability next meeting0 percent
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