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Wall St opens near record highs as AI optimism counters US-Iran war worries

By Reuters Reuters
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., May 27, 2026. REUTERS/Jeenah Moon
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., May 27, 2026. REUTERS/Jeenah Moon Jeenah Moon Reuters

Wall Street's main indexes opened near record highs on Monday as investors weighed Nvidia's latest artificial intelligence push against growing doubts over a deal to end the three-month-old U.S.-Iran war.

The Dow Jones Industrial Average rose 128.6 points, or 0.25%, at the open to 51161.1. The S&P 500 rose 2.2 points, or 0.03%, at the open to 7582.29​, while the Nasdaq Composite dropped 20.0 points, or 0.07%, to 26952.579 at the opening bell.

(Reporting by Medha Singh in Bengaluru; Editing by Pooja Desai)

Copyright Reuters or USA Today Network via Reuters Connect.

This story was originally published June 1, 2026 at 6:34 AM.

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