Xi warns of trap at Trump Summit in Beijing - Iran war pressures Trump's China trip - Cisco significantly raises AI targets - Cerebras achieves mega IPO in AI boom - Apple considers AI agents for the App Store
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On Wednesday, May 13, 2026, the US markets showed mixed results, with technology stocks once again leading the direction. The Dow Jones fell by 0.1% to 49,693 points, while the S&P 500 rose by 0.6% to 7,444 points, and the Nasdaq Composite increased by 1.2% to 26,402 points. This allowed the S&P 500 and Nasdaq Composite to reach new record closing levels. Although significantly hotter producer prices weighed on the market, strength in AI, chip, and mega-cap stocks prevailed. At the same time, oil prices fell back after a recent increase,...
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