Inside the ICE House
Inside the ICE House
Intercontinental Exchange
Market Storylines: S&P 500 Streak, Tech Leads Gains + Ceasefire Headlines Drive Global Markets
8 minutes Posted May 29, 2026 at 7:00 am.
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Eric Criscuolo, NYSE Market Strategist, recaps a strong week as the S&P 500 extends its winning streak and climbs toward fresh record highs. Markets responded to a steady stream of conflicting Iran ceasefire headlines, ultimately pricing in progress toward a near-term resolution. Tech led the way, with semiconductors and AI-linked names driving outsized gains alongside strength in higher-risk sectors. Falling oil prices and lower yields supported equity performance, while Energy and Financials lagged amid shifting macro dynamics. Attention now turns to labor market data, upcoming earnings, and month-end flows as investors assess the durability of the rally.