Goldman Sachs raises S&P 500 target to 8,000 points - Speculation about mega-merger of Tesla and SpaceX increases - AI boom drives SK Hynix, Samsung, and Micron over the trillion-dollar mark - Zscaler continues to focus on the AI boom despite cautious outlook
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On Tuesday, May 26, 2026, the US stock markets showed mixed results, with the S&P 500 and Nasdaq Composite reaching new record levels. The Dow Jones fell by 0.2% to 50,461.68 points, the S&P 500 gained 0.6% to 7,519.12 points, and the Nasdaq Composite moved up by 1.2% to 26,656.18 points. Semiconductor stocks were particularly sought after again, while hopes for a potential easing of tensions with Iran boosted risk appetite. At the same time, yields in the US bond market fell, providing additional support for growth and technology stocks....
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