Wall Street market closing higher with tech sector gains illustrated realistically.
Wall Street market closing higher with tech sector gains illustrated realistically.
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Wall street closes higher led by tech sector

Image generated by AI

Wall Street markets closed higher on May 13, led by gains in the technology sector ahead of the US-China meeting.

The Nasdaq rose 1.20 percent to 26,402.34 points. The S&P 500 advanced 0.58 percent to 7,444.25 units, while the Dow Jones fell 0.14 percent to 49,693.20 points.

Mark Hackett of Nationwide told Bloomberg that the moderate reaction to inflation data shows optimism about earnings has become the dominant catalyst.

In Mexico, the S&P/BMV IPC gained 0.22 percent to 70,187.45 points. Oil prices declined, with the WTI down 1.40 percent.

What people are saying

Initial reactions on X focus on Wall Street's higher close led by tech and AI stocks on May 13, despite hot inflation data, with optimism tied to the upcoming Trump-Xi US-China meeting and executive delegations. Users note record highs for S&P 500 and Nasdaq, concentrated gains in mega-cap tech, and market resilience amid macro headwinds like PPI and oil prices.

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Dramatic scene of panicked traders at Seoul's stock exchange amid Kospi crash due to US-Iran conflict.
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Asian markets plunge amid US-Iran war

Reported by AI Image generated by AI

Asian stock markets opened in the red on Wednesday due to the US-Iran conflict, with South Korea experiencing a historic plunge in its Kospi index. Positive US employment data boosted gains in Wall Street and the Mexican Stock Exchange. President Claudia Sheinbaum assured that Mexico is working to prevent fuel price increases.

Wall Street ended Tuesday, February 17, 2026, with modest gains driven by the financial sector, while Mexico's Bolsa Mexicana de Valores fell 0.28%. The Mexican peso appreciated 0.17% against the dollar, trading at 17.13 units. European indices also closed positive, and oil prices declined.

Reported by AI

Wall Street markets closed higher on Thursday April 16, boosted by optimism over an Israel-Lebanon agreement ending the Middle East war, while Mexico's Bolsa Mexicana de Valores (BMV) fell 0.78%. The BMV's main IPC index settled at 69,095.02 points. The Mexican peso appreciated 0.05% against the dollar.

Seoul shares ended flat on Friday as investors bought defense and shipbuilding stocks to offset declines in major tech shares amid Middle East tensions. The benchmark KOSPI edged down 0.18 point to close at 6,475.63. The South Korean won fell against the U.S. dollar.

Reported by AI

Global markets closed higher after Donald Trump’s announcement of talks with Iran to de-escalate the Middle East conflict, driving oil prices down. In Chile, however, the Ipsa index fell 0.49% to 10,227.64 points amid local concerns over domestic consumption and the Mepco fuel mechanism.

Indian benchmark indices Sensex and Nifty closed nearly 6% higher for the week, snapping a six-week losing streak after a ceasefire between the US and Iran. Both indices rose 1.2% on Friday. Investors adopted a risk-on approach amid reduced volatility.

Reported by AI

South Korean stocks extended gains for a fourth session on May 8, closing at a fresh record high of 7,498 despite renewed tensions in the Middle East. President Donald Trump said the ceasefire remained in effect after U.S. and Iranian forces exchanged fire overnight.

 

 

 

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