27
May
Stock Market News — Morning Update (last 12 hours, Pacific Time) - May 27, 2026
Tech and semiconductor stocks surge on AI momentum while Iran peace deal hopes crush oil prices, lifting cruise and airline shares. Goldman Sachs' bullish S&P 500 target of 8,000 and strong earnings beats from Abercrombie and Bath & Body Works drive moderately bullish sentiment, though cybersecurity
6 min read