Stock Market Today, May 27: Micron Extends Rally on AI Chip Momentum, U.S. Markets Inch Higher
U.S. stocks edged higher on May 27: the S&P 500 rose 0.03% to 7,521.29, the Nasdaq gained 0.07% to 26,674.73, and the Dow added 0.36% to 50,644.28, with chip and AI momentum supporting sentiment. Micron extended its rally. Constellation Energy fell nearly 4% after an analyst reset. Lululemon rose on a standstill agreement. AppLovin jumped 10% on a Morgan Stanley bullish view; Boston Scientific dropped after reiterating weaker-than-expected guidance.