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#SgMarketUpdate
Singapore stocks fall as US strikes Iran despite peace talks; STI down 0.8%

Singapore shares ended lower on Tuesday (May 26) amid a mixed performance in regional markets, while Middle East tensions flared with the US launching strikes on southern Iran even as peace deal talks were under way.

The benchmark Straits Times Index (STI) lost 0.8 per cent or 41.75 points to finish at 5,028.80.

Sats : S58 +5.64% led the gainers on Singapore’s blue-chip index with a 5.6 per cent or S$0.19 rise to S$3.56.

The group on Monday reported a net profit of S$50.7 million for its fourth quarter ended Mar 31, up 31 per cent year on year. CEO Kerry Mok on Tuesday said that it could issue special dividends or conduct a share buyback when it has the spare cash.

The worst performer among STI constituents was Jardine Matheson Holdings (JMH) : J36 -4.24%. It declined 4.2 per cent or US$3.01 to US$68.

The local banks all ended lower. DBS : D05 -0.29% retreated 0.3 per cent or S$0.18 to S$62, OCBC : O39 -0.64% fell 0.6 per cent or S$0.15 to S$23.36, and UOB : U11 -0.5% was down 0.5 per cent or S$0.19 at S$37.72...

Across the broader market, losers beat gainers 322 to 257, after 1.9 billion securities worth S$1.9 billion changed hands.

Key regional indices had a mixed showing.

Hong Kong’s Hang Seng Index shed 0.03 per cent, Japan’s Nikkei 225 slipped 0.3 per cent and the FTSE Bursa Malaysia KLCI declined 0.6 per cent, while South Korea’s Kospi advanced 2.6 per cent...

https://www.businesstimes.com.sg/companies-markets/singapore-stocks-fall-us-strikes-iran-despite-peace-talks-sti-down-0-8
#USMarketUpdate
S&P 500 jumps to a new record close as Micron shares lead tech rally:

Live updates

The S&P 500 and Nasdaq Composite rose to fresh intraday all-time highs on Tuesday, led by technology, as traders weighed the prospects of a potential U.S.-Iran deal being reached to end the war.

The broad market index gained 0.61% and ended at 7,519.12, while the tech-heavy Nasdaq gained 1.19% to 26,656.18.

Both indexes also closed at records. The Dow Jones Industrial Average lost 118.02 points, or 0.23%, ending at 50,461.68. U.S. stock markets were closed Monday due to the Memorial Day holiday.

Shares of Micron Technology jumped 19% and topped $1 trillion in market capitalization amid bullishness among analysts on the Street. UBS in particular sees more than 100% upside ahead for the stock, citing benefits from its long-term agreements. The name finished last week with a sizable gain, though it started off the period with losses amid a broader sell-off in memory chip names.

Fellow memory chip stocks Seagate Technology and Western Digital followed Micron higher, gaining 4% and 8%, respectively. The Roundhill Memory ETF (DRAM) added more than 14% and scored a fresh record high.

Live updates

https://www.cnbc.com/2026/05/25/stock-futures-today-live-updates.html?__source=androidappshare
In today's My Trading Game Plan, Chief Market Strategist Gareth #Soloway will analyze why Equities are surging, as optimism over a potential Iran/US deal to reopen the Strait of Hormuz, ignoring overnight military strikes. Oil dropped 4.5% and the 10-year yield cooled to 4.485%, triggering systematic algorithmic buying programs. Meanwhile, early safe-haven spikes in gold, silver, and bitcoin have entirely flattened. Institutional Traps: In semiconductors, UBS slapped an absurd $1,625 price target on Micron (MU). Historically, these extreme institutional upgrades scream a desperate hunt for retail exit liquidity near structural market tops rather than sustainable bottoms. The Big Picture: Wall Street must artificially maintain maximum investor appetite to ensure retail capital absorbs a massive $2 trillion upcoming IPO pipeline, featuring OpenAI and SpaceX on June 12. Institutions need high sentiment to dump these massive market caps, keeping the tape propped up for upcoming distribution. Technical Analysis: Chief Market Strategist Gareth Soloway analyzes the S&P 500, NASDAQ 100, 10 year yield, major moving stocks as well as gold, silver, natural gas, oil and bitcoin. Get the latest forecast and technical trading levels right there.

https://www.youtube.com/live/woJiQ28ssHs?si=jCcwp2sr2IHzHxHb
#USMarketUpdate
Stock market today: S&P 500, Nasdaq jump to records as Micron tops $1 trillion market cap

Live updates

US stocks climbed on Monday as tech rallied and investors welcomed easing oil prices and growing optimism that tensions between Washington and Tehran could cool in the coming days.

The Dow Jones Industrial Average (^DJI) fell 0.2%, while the S&P 500 (^GSPC) gained 0.7% to notch a fresh record close after regular trading was paused on Monday for the Memorial Day holiday. The tech-heavy Nasdaq Composite (^IXIC) led gains, rising 1.2% to hit a new high as Micron (MU) stock surged 20%, hitting a $1 trillion market capitalization for the first time.



https://finance.yahoo.com/markets/live/stock-market-today-dow-wavers-sp-500-and-nasdaq-rise-on-iran-peace-prospects-112100135.html
The stock market is hitting all-time highs, but Gold, Silver, and Bitcoin are completely decoupling—and the charts are painting a very concerning short-term picture.

In this video, Gareth #Soloway (Chief Market Strategist at Verified Investing) breaks down the exact technical patterns signaling a potential short-term "flush down" for precious metals. While Gareth remains a massive long-term bull, the immediate probability shifts heavily toward the downside. Watch to find out his exact downside targets for Gold and Silver, what triggers to look for, and where t...more

https://youtu.be/rfO95vaKlkc?si=jjh07VifdQR6XzMX
#USMarketUpdate
S&P 500, Nasdaq hit record closing highs on AI optimism, Micron joins $1 trillion club | Reuters

SUMMARY
Indexes: Dow down 0.23%, S&P 500 up 0.61%, Nasdaq up 1.2%
Micron joins $1 trillion market-cap club, surges after UBS triples PT
S&P 500, Nasdaq, Russell 2000 touched intraday record highs
Dow weakens, hurt by consumer stocks

NEW YORK, May 26 (Reuters) -
The S&P 500 and Nasdaq hit record closing highs on Tuesday, as AI-fueled optimism offset anxiety over Middle ‌East peace talks — concerns that were compounded by recent U.S. strikes on Iran.

Semiconductor stocks, which have surged on AI-driven demand, led gains, with Micron (MU.O), opens new tab gaining 19%, hitting $1 trillion in market value for the first time after UBS increased its price target on the stock to $1,625 from $535.

Upbeat earnings and renewed confidence in AI trade have driven U.S. ​equities higher despite the ongoing conflict with Iran, with investors now turning their attention to IPOs of some of the largest private ​AI companies, including SpaceX (SPCX.O), opens new tab....

The market took comfort from comments by U.S. Secretary of State Marco Rubio, who said that a deal with Tehran to halt the conflict could "take a few days," while Iran's Tasnim news agency reported that Tehran was seeking the release of $24 billion of Iranian funds frozen overseas...

The S&P 500, the Nasdaq and the Russell 2000 (.RUT), opens new tab touched intraday record highs on Tuesday, underscoring the strength of the recent rally.

Brent crude futures climbed about 4% on Tuesday after the U.S. military carried out strikes in Iran, ​adding to uncertainty over whether a ​deal would be reached soon to ⁠end the war and open up shipping flows through the Strait of Hormuz.

Qualcomm (QCOM.O), opens new tab rose almost 4.5% after Bloomberg News reported it reached a deal with TikTok owner ByteDance to supply chips, while Marvell Technology (MRVL.O), opens new tab ended 6% higher. ​The Philadelphia SE Semiconductor Index (.SOX), opens new tab hit an all-time high, gaining 5.5%.

With the earnings season winding down, first-quarter earnings ​growth is expected ⁠to be 29% year-on-year compared with the 16.1% estimated a month ago, according to LSEG data from Friday.


https://www.reuters.com/business/wall-st-futures-gain-us-iran-peace-talk-hopes-2026-05-26/

S&P 500, Nasdaq hit record closing highs on AI optimism, Micron joins $1 trillion club
https://www.straitstimes.com/business/companies-markets/sp-500-nasdaq-hit-record-closing-highs-on-ai-optimism-micron-joins-1-trillion-club