Investors piled into AI infrastructure and data center build-out plays on Monday.

Stocks posted their sixth-consecutive weekly gain as April payrolls quelled economic fears.

Stocks fell and oil prices ticked up as the US awaited Iran’s response to its peace proposal.

Optimism for lifting restrictions around transit through the Strait of Hormuz sent stocks higher and oil lower.

Despite only three of the Magnificent 7 companies advancing, today’s gains were broad-based enough to propel stocks to new records.

Energy was the only sector to close higher amid rising oil prices.

The S&P 500 posted its fifth weekly gain, its longest weekly winning streak since 2024.

Losses in Meta and Microsoft couldn’t drag down the benchmark index as traders cheered Alphabet’s Q1 results.

Stocks pared steeper losses as a somewhat hawkish shift within the central bank sent stocks to their lows of the day.

Chip stocks dropped on a report that OpenAI missed key revenue and user targets, while oil climbed amid stalled peace talks.