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S&P 500
7,580.06
+16.43 (0.22%)
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Dow Jones
51,032.46
+363.49 (0.72%)
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NASDAQ
26,972.62
+55.15 (0.20%)
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Market close: May 29, 2026
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Stock Market Today
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Dow, S&P 500, Nasdaq futures climb after closing May
with record highs
US stock futures moved higher early Monday as investors
looked to build on a strong May rally that pushed major
indexes to fresh record highs.
Dow Jones futures rose 0.4%, while S&P 500 futures
gained 0.2%. Nasdaq 100 futures also advanced 0.2%.
Wall Street enters June following a powerful month for
equities. The Nasdaq Composite surged more than 8% in
May, leading the major indexes higher as technology
stocks continued to outperform.
The S&P 500 gained roughly 5% during the month, while
the Dow Jones Industrial Average added nearly 3%.
Meanwhile, geopolitical developments remained in focus.
President Trump said he would convene advisers in the
Situation Room to make a "final determination" on next
steps regarding Iran, while reiterating that Iran must
never obtain a nuclear weapon.
He also called for the immediate reopening of the Strait
of Hormuz, a key route for global energy shipments.
Yahoo
Finance
reports.
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Image source: Lummi
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EdgeUp
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☁️ Nebius stock trades near high on AI fund interest,
faces next hurdle
Nebius Group traded near all-time highs ahead of
Monday's U.S. market open after a prominent AI-focused
investment fund disclosed a 5.6% stake in the company.
The investment has added momentum to the stock's rally,
but also raises expectations that Nebius can deliver
business results to support its elevated valuation.
Nebius is widely viewed as a direct play on AI computing
infrastructure, benefiting from continued demand for
GPUs used in AI training and inference, which remains
ahead of available supply.
The latest move followed a Schedule 13G filing that
listed Situational Awareness LP, SAF AI GP LP,
Situational Awareness LLC, Situational Awareness
Partners LP, Leopold Aschenbrenner, and Carl Shulman as
reporting holders of the stake.
Investors are now watching whether the company can
translate strong AI-related demand into sustained growth
beyond the recent surge in market enthusiasm.
TechStock²
reports.
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🎨 Adobe stock gains in premarket with Wall Street
focused on AI
Adobe shares moved higher ahead of Monday’s market open,
extending Friday’s strong gains as investors continued
rotating into large-cap software companies benefiting
from AI demand.
The stock last traded at $268.48 in after-hours
activity, up 3.58% from Friday’s closing price of
$259.21.
Broader markets remained near record highs, supported by
optimism around artificial intelligence spending despite
renewed tensions in the Gulf region.
S&P 500 futures rose 0.3%, while Nasdaq futures gained
0.5% after both indexes reached record levels last week,
according to Reuters.
TechStock²
reports.
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🤖 Robo.ai announces completion of 100% acquisition
of Neurovia AI, strengthening AI software
foundation
Robo.ai announced it has completed the acquisition of
100% of the equity of Neurovia AI Limited, making the AI
visual data processing and compression technology
company a wholly owned subsidiary.
The acquisition marks a significant step in Robo.ai’s
strategy to expand its AI software capabilities and
strengthen its long-term technology platform.
Neurovia AI focuses on addressing infrastructure
challenges associated with large-scale data processing.
Its flagship technology, NeuroStream™, was officially
introduced at the International Exhibition for National
Security and Resilience (ISNR 2026) in Abu Dhabi and is
designed to improve the efficiency of AI data processing
and compression. PR Newswire reports.
TechStock²
reports.
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🏠 Why Taylor Morrison Home shares are trading higher
by over 20%
Shares of Taylor Morrison Home surged 23.28% to $72.12
in pre-market trading on Monday after Berkshire Hathaway
agreed to acquire the homebuilder in an all-cash deal
valued at $6.8 billion.
Under the agreement, Berkshire Hathaway will pay $72.50
per share for Taylor Morrison.
The offer represents a 24% premium to Taylor Morrison's
Friday closing price of $58.50, fueling the sharp rally
in the stock ahead of the market open.
Benzinga
reports.
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🧬 Summit rises after lung cancer drug trial shows
15% higher survival rate than rival's
Summit Therapeutics shares rose as much as 7% in
premarket trading after new clinical trial results
showed its lung cancer therapy, ivonescimab, delivered
longer survival than a competing treatment.
In a head-to-head study conducted in China with partner
Akeso, patients with advanced squamous non-small cell
lung cancer who received ivonescimab plus chemotherapy
lived an average of 27.9 months.
That compared with 23.7 months for patients treated with
BeOne Medicines' Tevimbra plus chemotherapy,
representing a roughly 15% improvement in overall
survival.
The late-stage trial results were presented on Sunday
and add to growing investor interest in ivonescimab's
potential within the competitive oncology market.
Yahoo
Finance
reports.
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Join Us Live On June 3
|
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A lot has happened in the lead-up to June 4 — and there
are still questions traders want answered.
Join us live
on Wednesday, June 3 at 12:30 PM ET for a walkthrough of
our latest releases — and a live PDT Rule Q&A.
We'll cover:
- Enhanced news functionality
- New market microstructure window
- Introducing Quick locates (ZeroPro only) – in
Level 2 window
- Integrated margin requirement visibility
directly inside Level 2
- Remaining trader questions ahead of June 4
Whether you joined our previous session or are just
getting up to speed, this is your opportunity to see the
latest platform enhancements in action and hear directly
from the team before the June 4 changes take effect.
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Save Your
Seat
|
|
|
Join Us Live Tomorrow
|
|
Sharpen your trading skills with free trading education
in our weekly TradeZero Live Podcasts.
Tuesday, Jun 2 | 11:00 AM ET
How To Identify & Trade Support & Resistance
Breakouts with Bob Iaccino
|
Save Your
Seat
|
|
|
Trading Strategies
|
Reading the Inverse Cup and Handle: A Framework for
Assessing Bearish Setups
The Inverse Cup and Handle is one of the more visually
intuitive bearish continuation patterns in technical
analysis, and in his latest TradeZero piece, Shane
Neagle breaks down exactly how traders use it to
identify potential breakdown setups.
The pattern forms
when a gradual rounding top, the cup, is followed by a
weak and short-lived bounce, the handle, before price
breaks down and the prevailing downtrend resumes. What
makes it particularly compelling for active traders and
short sellers is what it reveals about market
psychology: the bulls make one final attempt to regain
control, fail to generate any real conviction, and
selling pressure takes over.
Neagle walks through how to
identify a valid setup, what volume behavior to look for
at each stage, how to approach entries and stop
placement, and the common mistakes traders make,
including entering too early before the handle's support
breaks and ignoring volume confirmation on the
breakdown.
Used alongside momentum indicators like RSI
and MACD, and combined with sound risk management, the
pattern can provide short sellers with a structured
framework for approaching potential bearish continuation
setups. Past performance is not indicative of future
results, and this content is for educational purposes
only.
|
Read the full
post
|
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Top 5 Movers in Early Pre-Market
|
(All pricing and percent gains are based on Early
Pre-Market from 4:00 AM to 7:00 AM ET)
Stock Analysis reports.
|
1) GNTA: Genenta Science
S.p.A.
Total gain: +150.49%
|
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2) HKIT: Hitek Global Inc.
Total gain: +102.74%
|
|
|
Total gain: +61.58%
|
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Total gain: +42.62%
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5) CRE: Cre8 Enterprise
Limited
Total gain: +42.42%
|
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Today’s Economic Dates
|
|
Time (ET)
|
Report
|
Period
|
|
9:45 AM
|
S&P final U.S. manufacturing PMI
|
May
|
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10:00 AM
|
ISM manufacturing
|
May
|
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10:00 AM
|
Construction spending
|
April
|
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View
more
|
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Friday's Biggest Movers
|
|
The closing price of the top three market percent
gainers trading near or above $3 on
May 29.
|
All pricing and percent gains are based on regular
market trading hours from 9:30 AM to
4:00 PM ET
Stock Analysis reports.
|
1) STG: Sunlands
Technology
Group
Total gain: +125.74%
The company announced that Wuhan Zhizhen Youxuan
Online Education Technology Co., Ltd., a subsidiary
of the Company, has entered into an equity transfer
agreement with Shouhui (Guangzhou) Medical
Technology Co., Ltd., an independent third party, to
dispose of 100% of the equity interests in Guangzhou
Shangzhi Side Technology Co., Ltd. (the “Target
Company”). The transaction does not constitute a
related party transaction.
Globe
Newswire
reports.
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2) PRFX: PRF Technologies
Ltd.
Total gain: +118.98%
The company announced DeepSolar initiatives,
including DeepSolar’s participation in the NVIDIA
Connect Program and the Company’s patent application
covering proprietary methods for plant-level
micro-climate modeling designed to improve solar
energy production forecast accuracy in competitive
electricity markets.
Globe
Newswire
reports.
|
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3) REPL: Replimune Group,
Inc.
Total gain: +85.68%
The company announced that following collaborative
communications with the U.S. Food and Drug
Administration (FDA), the Company and the FDA have
aligned on a path forward for resubmission and
reconsideration of the Biologics License Application
(BLA) for RP1 (vusolimogene oderparepvec) in
combination with nivolumab for the treatment of
advanced melanoma.
Globe
Newswire
reports.
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Refer a Friend & Earn Together
|
|
Did you know that it pays to invite your friends to
TradeZero?
|
When they fund a new account with us, you’ll both
receive $100 USD.
T&Cs apply.
|
|
Learn
more
|
|
|
Today’s Notable Earnings
|
Estimate and Actual numbers represent Earnings Per Share in US
Dollars
|
|
|
RMCF
Rocky Mountain Chocolate
Q4 2026
|
After Market Close
Estimate: N/A
Actual: N/A
|
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SAIC
Science Applications Intl
Q1 2027
|
Before Market Open
Estimate: 2.270
Actual: N/A
|
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|
HIVE
HIVE Digital Technologies
Q4 2026
|
After Market Close
Estimate: -0.220
Actual: N/A
|
|
View more
|
|
Enjoying the DailyEdge?
|
|
Recommend our 5-minute daily digest to a friend by
sharing
this
link.
|
|
|
Parting Thoughts
|
|
“To think is easy. To act is difficult. To act as
one thinks is the most difficult.”
|
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– Johann Wolfgang von Goethe
|
|
Sourced in: Goethe writings —
GoodReads.
|
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TradeZero America, Inc., member of FINRA and
SIPC. Investing involves risk, including the
possible loss of principal.
The information in this newsletter
summarizes the latest market activity and
related news and are provided for
educational purposes only. Any trading
symbols displayed are for illustrative
purposes only and do not constitute a
recommendation by TradeZero to buy, sell, or
hold any investment. This material is not
intended to provide investment advice or to
take into account any individual’s financial
condition, investment objectives, or
requirements.
Stocks experiencing significant price
volatility may involve substantial risk.
Past performance is no guarantee of future
results.
Options trading is not suitable for all
investors as it can involve risk that may
expose investors to significant losses.
Please read the Characteristics and Risks of
Standardized Options, also known as the
Options Disclosure Document (ODD) at OCC.
Any trading strategies discussed are for
educational purposes only and should not be
construed as investment advice or a
recommendation.
Certain information herein has been obtained
from third-party sources believed to be
reliable; however, its accuracy or
completeness cannot be guaranteed. The views
and opinions expressed are those of the
author and do not necessarily reflect the
views or opinions of TradeZero, its
affiliates, or employees.
If you have any specific questions about
TradeZero's brokerage services, please reach
out to the TradeZero Broker Dealer servicing
your jurisdiction.
Copyright © TradeZero 2026. All rights
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