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

May 28, 2026 - 22:30
US stock markets today (May 28, 2026): Wall Street stays near record highs despite fresh jump in oil prices

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Indian markets remained steady near record highs despite rising oil prices due to Iran tensions. Strong corporate earnings, particularly from Dollar Tree and Kohl's, bolstered investor confidence. While some companies faced headwinds from higher fuel costs, others like Snowflake saw significant gains driven by AI growth. Inflation data showed a slight acceleration, impacting Treasury yields.

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