economy
Friday's big stock stories: What’s likely to move the market in the next trading session
The S&P 500 and the Nasdaq Composite closed at new records on Thursday as the tech sector jumped. Both indexes are on pace for healthy May gains.
TL;DR
- Apple shares have posted nine straight winning weeks and are up over 15% in the past month.
- Dell's stock surged nearly 40% after hours, trouncing earnings estimates with 88% year-over-year revenue growth.
- The VanEck Semiconductor ETF (SMH) is up 18% in May, with Astera Labs and Micron leading the gains.
- Software stocks, tracked by the iShares Expanded Tech-Software Sector ETF (IGV), are up 14% in May.
- Nike shares are up nearly 7% in May but down 40% from their August 2025 high, making it a poor performer recently.
- Buckle reports Friday morning, with executives expected to comment on inflation and consumer spending impacts.