Stock Market Update

01-Jun-26 15:05 ET
Record highs as oil gives back some of its gains
Dow +20.48 at 51052.94, Nasdaq +194.28 at 27187.90, S&P +32.55 at 7612.61

[BRIEFING.COM] The S&P 500 (+0.4%), Nasdaq Composite (+0.7%), and DJIA (+0.1%) are back in positive territory, making it a clean sweep of record intraday highs for the major averages today.

President Trump said earlier on Truth Social that "Talks are continuing, at a rapid pace, with the Islamic Republic of Iran." The commentary helped oil move off its highs for the session, with crude oil futures settling today's session $4.77 higher (+5.5%) at $92.19 per barrel.

Participation remains relatively weak, though the information technology sector (+2.6%) has widened its gain for the day.

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