iShares Core S&P 500 ETF

IVV

Market cap $846B

Equity markets face structural risks as the FINRA margin ratio and passive trading both reach 53%, levels last seen before major market crises. High margin leverage amplifies downside risk, making forced liquidations more likely and more violent than elevated P/E multiples alone.

US indices pull back from record highs as Alphabet's $80B AI funding plan weighs on sentiment, while Nvidia and HPE help limit losses.

Building on the last week's strength, the S&P 500 rose every day this week and set multiple new record highs. With a 1.6% weekly increase, the index secured its ninth straight weekly gain, matching its longest winning streak from 2023.

The S&P 500 rally is heavily driven by AI-linked companies, with investor positioning increasingly crowded and FOMO palpable. AI capex projections have been revised sharply higher, now expected to reach $1.2T by 2027, but funding has shifted from operating cash flow to record debt issuance.

Oil prices jump and inflation fears return as Middle East tensions escalate. Discover what's capping gains in the S&P 500 and Nasdaq.

FedEx completes spinoff of its FedEx Freight business. Shares join the S&P 500, Dow Jones Transportation indexes.

“The yield on the 10-year Treasury bond surged from 4.36% to nearly 4.6% during the week, with most of the damage being done on Friday, as the 10-year yield traded at its highest level since May 2025.

Over the final trading week of May 2026, the S&P 500 rose 1.4% over its previous week's close to reach 7,580.06, a new record high for the index. The CME Group's FedWatch Tool pushed back the expected timing of a quarter-point increase in the Federal Funds Rate to 9 December (2026-Q4), six weeks later than it had projected on Friday, 22 May 2026.

Iran said its next military response will be "completely different."

Nvidia's AI PC push sparks a tech rally as S&P 500 and Nasdaq futures climb. Investors now watch payrolls data and the next phase of AI growth.