Stock Market Today: Dow, S&P Live Updates for May 27
Bloomberg.com • • business
Key Points:
- Global equities continued their record rally, driven by accelerating momentum in technology shares and easing geopolitical tensions.
- The MSCI All Country World Index rose for the sixth consecutive day, reaching a new all-time high.
- MSCI’s Asian benchmark increased 1.1%, led by South Korea’s Kospi Index, which has surged 100% this year, making it the top-performing equity index globally.
- Chip stocks saw significant gains, with SK Hynix Inc. extending its 12-month increase to over 1,000%, becoming the third Asian company to achieve a $1 trillion market capitalization.
- Despite the equity gains, oil prices experienced a decline during the same period.