$CRM

Salesforce, Inc.

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US stock markets today (May 28, 2026): Wall Street stays near record highs despite fresh jump in oil prices

US stocks stayed near record highs on May 28 as oil prices rose on renewed Iran-related tensions, according to AP. The S&P 500 fell 0.1%, the Dow lost 0.4%, and the Nasdaq dropped 0.2% after record closes. Brent rose 2% to $96.13/bbl. Earnings supported gains: Dollar Tree +15%, Kohl’s +21.3%, Snowflake +33.3%. Treasury yields were mixed; the 10-year was 4.48%.

Oil prices climb, but US stocks hold near their records

Oil prices rose Thursday after earlier drops, with Brent up 2% to $96.13 following U.S. Central Command reports that Kuwait intercepted Iranian missiles. Despite the oil move, U.S. stocks stayed near record highs: S&P 500 -0.1%, Dow -0.4%, Nasdaq -0.2%. Gains were driven by profit beats (Dollar Tree +15%, Snowflake +33.3%, Hormel +8.1%).

Snowflake, Salesforce And Marvell All Pushed AI Hard — Only One Stock Exploded Higher - Salesforce (NYSE:

Snowflake shares rose more than 35% premarket Thursday after the company reported accelerating growth, raised full-year guidance, and said AI is driving momentum in its core platform, according to management. Product revenue growth accelerated to 34% y/y, with CFO Brian Robbins citing AI “Cocoa” as the largest driver of the forecast increase. Salesforce fell about 3% and Marvell dropped over 2% premarket despite AI-focused messaging.

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