7f16def0-d0e6-5265-bf9b-228384998675Fri, 22 May 2026 20:15:03 +0000Captivate.fmFactsethttps://artwork.captivate.fm/f3228ad9-f3f9-4741-9b3f-8c711c1408cf/8aola2e5nfxsh1dgj5szh342.jpgFactsetFactsetStreetAccount U.S. Evening Market Recap is FactSet's daily podcast aiming to capture the most material market moving news. With a target time of ~5 minutes, this is an ideal listen for those looking to stay connected to the most important themes driving the U.S. economy & corporations.https://www.factset.com/podcastsfalseepisodic870594d0-21e6-11f0-8908-e122409ac9e6nopodcastWeekly Market Recap - Friday, 22-MayMajor US equity indices were higher this week following last week's mixed performance. The S&P logged its eighth straight weekly gain. Market breadth was positive with the equal weight S&P outperforming the cap-weighted index by roughly one hundred basis points. AI enthusiasm and consumer resilience remained the key bullish themes this week, supported by continued positive AI-related headlines and broadly constructive commentary around consumer spending trends and labor market strength.

]]>Major US equity indices were higher this week following last week's mixed performance. The S&P logged its eighth straight weekly gain. Market breadth was positive with the equal weight S&P outperforming the cap-weighted index by roughly one hundred basis points. AI enthusiasm and consumer resilience remained the key bullish themes this week, supported by continued positive AI-related headlines and broadly constructive commentary around consumer spending trends and labor market strength.

]]>ec117baa-3438-4389-8b1d-9cd2deb29bdbFri, 22 May 2026 16:15:00 -040004:41falsefullEvening Market Recap - Thursday, 21-MayUS equities were higher in Thursday trading. Stocks saw an afternoon rally following a Saudi media report that a mediated cease fire agreement could be announced later today. Beyond geopolitics, the momentum trade continued rebound after the recent selloff. It was helped in part by optimism about the AI demand narrative.

]]>US equities were higher in Thursday trading. Stocks saw an afternoon rally following a Saudi media report that a mediated cease fire agreement could be announced later today. Beyond geopolitics, the momentum trade continued rebound after the recent selloff. It was helped in part by optimism about the AI demand narrative.

]]>a235348b-50de-4542-b7e9-5c11a0561569Thu, 21 May 2026 16:15:00 -040005:52falsefullEvening Market Recap - Wednesday, 20-MayUS equities were higher in Wednesday trading. An improved outlook has help cool hawkish Fed expectations. The latest round of earnings reports offered some positive consumer takeaways, helping to support a resilient consumer/macro backdrop.

]]>US equities were higher in Wednesday trading. An improved outlook has help cool hawkish Fed expectations. The latest round of earnings reports offered some positive consumer takeaways, helping to support a resilient consumer/macro backdrop.

]]>3927b4ed-ab55-4767-b2e6-f800b8d20d80Wed, 20 May 2026 16:15:00 -040008:40falsefullEvening Market Recap - Tuesday, 19-MayUS equities were lower in Tuesday trading, with stocks ending not far from worst levels. Renewed bond yield backup was the big story following a brief reprieve. The US-Iran ceasefire is holding as talks continue, but any near-term diplomatic solution still seems complicated.

]]>US equities were lower in Tuesday trading, with stocks ending not far from worst levels. Renewed bond yield backup was the big story following a brief reprieve. The US-Iran ceasefire is holding as talks continue, but any near-term diplomatic solution still seems complicated.

]]>368659d2-30b6-4f48-a32b-63b398f257cbTue, 19 May 2026 16:15:00 -040005:51falsefullEvening Market Recap - Monday, 18-MayMajor US equity indexes were lower in Monday trading, though stocks ended well off worst levels. The US-Iran war narrative continues to offer a lot of headline volatility, with little progress toward a resolution. In macro news, the May NAHB housing market index beat, rebounding after falling to its lowest level since last September in April.

]]>Major US equity indexes were lower in Monday trading, though stocks ended well off worst levels. The US-Iran war narrative continues to offer a lot of headline volatility, with little progress toward a resolution. In macro news, the May NAHB housing market index beat, rebounding after falling to its lowest level since last September in April.

]]>e0e45b99-4ef4-4f13-bc40-e557da12cffdMon, 18 May 2026 16:00:00 -040005:39falsefullWeekly Market Recap - Friday, 15-MayMajor equity indices were mostly lower this week. The consumer discretionary space remained under some pressure with ongoing concerns about ongoing high energy prices and the potential to crowd out consumer spending. In macro news, a key focus this week was above-consensus core readings for both April CPI and PPI.

]]>Major equity indices were mostly lower this week. The consumer discretionary space remained under some pressure with ongoing concerns about ongoing high energy prices and the potential to crowd out consumer spending. In macro news, a key focus this week was above-consensus core readings for both April CPI and PPI.

]]>ff80f122-0dd0-41b8-9eac-e75f0b19efd7Fri, 15 May 2026 16:00:00 -040009:11falsefullEvening Market Recap - Thursday, 14-MayUS equities were higher in Thursday trading, with the S&P and Nasdaq extending Wednesday's fresh ATHs. AI-related enthusiasm was the biggest driver to today's upside. It was fairly quiet elsewhere, with a few takeaways around Trump's summit with Chinese President Xi.

]]>US equities were higher in Thursday trading, with the S&P and Nasdaq extending Wednesday's fresh ATHs. AI-related enthusiasm was the biggest driver to today's upside. It was fairly quiet elsewhere, with a few takeaways around Trump's summit with Chinese President Xi.

]]>f2b91532-5112-4ee1-92ed-31153fa66aaaThu, 14 May 2026 16:15:00 -040005:45falsefullEvening Market Recap - Wednesday, 13-MayUS 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.

]]>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.

]]>e2c09826-007a-4283-8c35-1b3c36f7cfe1Wed, 13 May 2026 16:15:00 -040004:47falsefullEvening Market Recap - Tuesday, 12-MayU.S. equities closed mostly lower Tuesday, as semis, memory, and software led declines amid a broader risk-off tone driven by higher yields and rising oil. WTI crude jumped 4.2% back above $100/barrel on lingering US-Iran tensions, Treasuries weakened with the 30Y yield back above 5%, and a hotter-than-expected core April CPI print reinforced market pricing leaning toward modestly more Fed tightening through year-end.

]]>U.S. equities closed mostly lower Tuesday, as semis, memory, and software led declines amid a broader risk-off tone driven by higher yields and rising oil. WTI crude jumped 4.2% back above $100/barrel on lingering US-Iran tensions, Treasuries weakened with the 30Y yield back above 5%, and a hotter-than-expected core April CPI print reinforced market pricing leaning toward modestly more Fed tightening through year-end.

]]>a5bcfc58-a7a9-4cab-b3b0-cb70c438f6a3Tue, 12 May 2026 16:15:00 -040005:50falsefullEvening Market Recap - Monday, 11-MayUS equities were higher in Monday trading, though ended off best levels. The Market still seems skeptical about a re-escalation of Middle East hostilities (particularly ahead of the Trump-Xi summit in China this week) despite the lack of traction surrounding diplomatic efforts. April existing home sales were a bit below consensus though remain in a tight YTD range.

]]>US equities were higher in Monday trading, though ended off best levels. The Market still seems skeptical about a re-escalation of Middle East hostilities (particularly ahead of the Trump-Xi summit in China this week) despite the lack of traction surrounding diplomatic efforts. April existing home sales were a bit below consensus though remain in a tight YTD range.

]]>2400330b-54e8-4680-8acc-677941bc17afMon, 11 May 2026 16:15:00 -040005:31falsefullWeekly Market Recap - Friday, 08-MayUS equities were higher this week as the S&P 500 and Nasdaq both capped off a sixth-straight weekly gain and ended at fresh record highs. The Iran war remains the key focal point. AI was the other big story of the week. Data this week was headlined by Friday's April nonfarm payrolls report, which came in ahead at 115K.

]]>US equities were higher this week as the S&P 500 and Nasdaq both capped off a sixth-straight weekly gain and ended at fresh record highs. The Iran war remains the key focal point. AI was the other big story of the week. Data this week was headlined by Friday's April nonfarm payrolls report, which came in ahead at 115K.

]]>ab2a2bef-e9ef-4066-95a9-ef99b74f54c4Fri, 08 May 2026 16:15:00 -040005:08falsefullEvening Market Recap - Thursday, 7-MayUS equities were lower in Thursday trading. The big story of the day was the pullback in semiconductors following their huge run. The semi retreat has been a positive for software, which has also found some support from earnings.

]]>US equities were lower in Thursday trading. The big story of the day was the pullback in semiconductors following their huge run. The semi retreat has been a positive for software, which has also found some support from earnings.

]]>d4d13ba3-3e70-467c-84b9-d06f7277c0a8Thu, 07 May 2026 16:15:00 -040005:33falsefullEvening Market Recap - Wednesday, 6-MayU.S. stocks rallied, with the S&P 500 and Nasdaq nearing record highs, led by strength in semiconductors and big tech amid continued enthusiasm around AI-driven demand. The move came alongside falling Treasury yields and optimism around potential U.S.–Iran de-escalation, even as mixed macro signals and Fed uncertainty remain in the background.

]]>U.S. stocks rallied, with the S&P 500 and Nasdaq nearing record highs, led by strength in semiconductors and big tech amid continued enthusiasm around AI-driven demand. The move came alongside falling Treasury yields and optimism around potential U.S.–Iran de-escalation, even as mixed macro signals and Fed uncertainty remain in the background.

]]>1d923f47-9778-4dc5-bb78-cd4d4eb6af59Wed, 06 May 2026 16:15:00 -040005:21falsefullEvening Market Recap - Tuesday, 05-MayUS equities were higher in quiet Tuesday trading as stocks ended a bit off best levels. The Path of least resistance is higher amid confirmation that the US-Iran ceasefire remains intact despite Monday's flare-up in tensions. Strong Q1 earnings and the related AI compute and capex demand narrative are still the big bullish talking point for stocks.

]]>US equities were higher in quiet Tuesday trading as stocks ended a bit off best levels. The Path of least resistance is higher amid confirmation that the US-Iran ceasefire remains intact despite Monday's flare-up in tensions. Strong Q1 earnings and the related AI compute and capex demand narrative are still the big bullish talking point for stocks.

]]>5cc77ab9-29dd-4893-8488-092e761b8071Tue, 05 May 2026 16:15:00 -040005:19falsefullEvening Market Recap - Monday, 4-MayUS equities were lower in Monday trading, though ended off worst levels. Stocks started the week on the defensive amid the latest hawkish updates around the Iran conflict. In macro news, March factory orders rose 1.5% month over month, beating consensus for a 0.5% rise.

]]>US equities were lower in Monday trading, though ended off worst levels. Stocks started the week on the defensive amid the latest hawkish updates around the Iran conflict. In macro news, March factory orders rose 1.5% month over month, beating consensus for a 0.5% rise.

]]>72f7b85e-15bd-4df6-a547-409a6863dd2dMon, 04 May 2026 16:00:00 -040005:50falsefullWeekly Market Recap - Friday, 01-MayMajor US equity indices were higher this week with the S&P500 and Nasdaq both recording their fifth straight weekly gains, ending at fresh closing highs. This week reinforced a resilient macro and earnings backdrop, as Q1 S&P 500 results were notably strong, with growth accelerating to ~27% and beat rates well above historical averages. The Fed FOMC meeting ended with rates unchanged but was marked by rare internal division, with four dissents reflecting disagreement over easing bias.

]]>Major US equity indices were higher this week with the S&P500 and Nasdaq both recording their fifth straight weekly gains, ending at fresh closing highs. This week reinforced a resilient macro and earnings backdrop, as Q1 S&P 500 results were notably strong, with growth accelerating to ~27% and beat rates well above historical averages. The Fed FOMC meeting ended with rates unchanged but was marked by rare internal division, with four dissents reflecting disagreement over easing bias.

]]>c76fbce3-0dc9-4c57-8711-19a980a92707Fri, 01 May 2026 16:15:00 -040005:36falsefullEvening Market Recap - Thursday, 30-AprUS equities ended higher in Thursday trading. Earnings were seemingly the big tailwind today as Q1 metrics continue to look very strong. The Mag 7 names were in focus, and while takeaways were mixed, the results were supportive of the most important theme for the market, namely insatiable compute demand and massive capital expenditures.

]]>US equities ended higher in Thursday trading. Earnings were seemingly the big tailwind today as Q1 metrics continue to look very strong. The Mag 7 names were in focus, and while takeaways were mixed, the results were supportive of the most important theme for the market, namely insatiable compute demand and massive capital expenditures.

]]>2a05cff8-28c0-4fc2-a49b-0947aaa79d0bThu, 30 Apr 2026 16:15:00 -040005:42falsefullEvening Market Recap - Wednesday, 29-AprMarkets traded mostly lower with crude oil surging 7% as concerns mounted over a prolonged U.S.-Iran conflict, with Trump rejecting Tehran's latest offer and reports of imminent U.S. strikes pressuring the complacency narrative around physical oil disruption. The April FOMC meeting was a non-event with rates held steady, though signs of internal Fed division emerged as three members objected to the easing bias and Powell signaled a high bar for looking past the oil shock, all while investors awaited the first wave of Mag 7 earnings.

]]>Markets traded mostly lower with crude oil surging 7% as concerns mounted over a prolonged U.S.-Iran conflict, with Trump rejecting Tehran's latest offer and reports of imminent U.S. strikes pressuring the complacency narrative around physical oil disruption. The April FOMC meeting was a non-event with rates held steady, though signs of internal Fed division emerged as three members objected to the easing bias and Powell signaled a high bar for looking past the oil shock, all while investors awaited the first wave of Mag 7 earnings.

]]>1edd64f4-efdb-4317-b3b1-58e601e66e25Wed, 29 Apr 2026 16:15:00 -040005:52falsefullEvening Market Recap - Tuesday, 28-AprUS equities finished lower in Tuesday trading, ending off worst levels. Big tech was mostly lower. Market shifted to the defensive today amid questions about AI spend sustainability following report OpenAI missed internal targets for weekly users and revenue. April Conference Board consumer confidence beat.

]]>US equities finished lower in Tuesday trading, ending off worst levels. Big tech was mostly lower. Market shifted to the defensive today amid questions about AI spend sustainability following report OpenAI missed internal targets for weekly users and revenue. April Conference Board consumer confidence beat.

]]>bf6778b5-6d4c-49f6-a023-c2b84e4c65d7Tue, 28 Apr 2026 16:15:00 -040004:21falsefullEvening Market Recap - Monday, 27-AprUS equities finished mostly higher in Monday trading, ending near best levels. It was a relatively quiet session with limited upside ahead of a major week of corporate earnings. Nothing on today's economic calendar other than the Dallas Fed manufacturing report for April.

]]>US equities finished mostly higher in Monday trading, ending near best levels. It was a relatively quiet session with limited upside ahead of a major week of corporate earnings. Nothing on today's economic calendar other than the Dallas Fed manufacturing report for April.

]]>5badd6f9-6c7f-4cda-b8e8-16251a3e060dMon, 27 Apr 2026 16:00:00 -040005:28falsefull