Finance

Financial markets responded positively to signs of easing tensions between the United States and Iran, with President Trump indicating a final determination on a potential ceasefire is imminent. The prospect of a diplomatic resolution helped offset concerns regarding global energy supply stability and contributed to a late-month rally across major equity benchmarks.

Shares of Dell Technologies experienced their best single-day performance on record, soaring approximately 33% following a significant first-quarter earnings beat. The company raised its full-year guidance, citing unprecedented demand for AI-optimized servers, which bolstered other hardware and chip providers such as Micron and Qualcomm.

Treasury yields moved lower toward the end of May as fresh economic data indicated that core inflation pressures might be stabilizing. Although the Federal Reserve has maintained steady interest rates throughout 2026, the easing of the 10-year Treasury yield to roughly 4.45% provided relief to broader equity markets and reduced borrowing cost pressures for large-scale data center projects.