Daily summary: The market pauses at the top

In Wednesday’s session, the market adopts a wait-and-see stance, although sentiment is tilting toward optimism. Valuations are supported mainly by results from the financial sector, further contracts in the technology sector, and—above all, as it may seem—a real chance of de-escalation and an end to the conflict in the Persian Gulf. The main U.S. stock indices are gaining, but advances are limited to below 1%. NASDAQ is performing best, while the Dow lags behind.
- After an approximately two-week rally, the S&P 500 is “a hair’s breadth” from its all-time high, reaching an intraday peak of 7,001 points.
- Nvidia is boosting quantum-related companies with its new model, and stocks in the sector are rising by more than 10% on average.
- Snap is laying off more than 15% of its workforce and is up 6%.
- Tesla is up more than 6% after the company’s CEO revealed a new “AI5” chip.
Among U.S. macroeconomic data:
- The NY Empire State Index surprised to the upside: up to 11 versus expectations of -0.5 (previously -0.2).
- Fuel and crude inventories came in well below expectations; crude is showing weaker demand.
Sentiment looks much worse in Europe. Most indices are posting slight declines. The weakest mood appears to be in France’s CAC40, which slipped by about 0.6%. Strength is shown by the WIG20, which is up about 0.8%.
- ASML beat market expectations and raised its year-end sales forecast; nevertheless, the stock fell 4%.
- Sharp declines were seen in “luxury” stocks: Hermès and Kering disappointed with their results and lost nearly 10%. LVMH performed better, finishing the session flat.
In the FX market:
- The Australian dollar is strengthening, gaining as much as 0.5% against the U.S. dollar.
- The Swiss franc is weaker, down about 0.2% versus most major pairs.
Commodities:
- Energy commodities remain in limbo, awaiting clearer statements from decision-makers in Iran and the U.S. WTI crude ends the day around $91, while Brent is at $95.
- In industrial and precious metals, price moves are limited to around 1%. Platinum, aluminum, and zinc are gaining. Palladium is declining.
Moderately positive sentiment prevails in crypto: Ethereum and Solana are up just under 1%. Bitcoin posts slight losses, remaining just below $74,000.

6 May 2026, 3:39 PM

US Open: Wall Street climbs higher driven by oil sell-off and technology stocks optimism 📈

6 May 2026, 3:32 PM

BREAKING: US EIA gasoline inventories lower than expected, oil stockpiles up

6 May 2026, 3:11 PM

BREAKING 🚨 Oil rebounds to $103 amid Iran remarks on Axios report

6 May 2026, 12:50 PM

Nasdaq 100 has risen 25% from its March 31 low 📈 What’s next?

Cookie name	Description
SERVERID
userBranchSymbol	Expiration date 1 day
test_cookie	Expiration date 1 hour
adobe_unique_id	Expiration date 364 days
__hssc	Expiration date 1 hour
SESSID	Expiration date 1 day
__cf_bm	Expiration date 1 hour
intercom-id-iojaybix	Expiration date 270 days
intercom-session-iojaybix	Expiration date 6 days
xtbCookiesSettings	Expiration date 364 days
TS5b68a4e1027
countryIsoCode
xtbLanguageSettings	Expiration date 364 days
userPreviousBranchSymbol	Expiration date 364 days
intercom-device-id-iojaybix	Expiration date 270 days
__cfruid
_cfuvid

Cookie name	Description
_gid	Expiration date 1 day
_gat_UA-98728395-1	Expiration date 1 hour
_gat_UA-121192761-1	Expiration date 1 hour
_gcl_au	Expiration date 89 days
_ga_CBPL72L2EC	Expiration date 729 days
_ga	Expiration date 729 days
__hstc	Expiration date 179 days
__hssrc
_vwo_uuid_v2	Expiration date 365 days
_ga_TC79BEJ20L	Expiration date 729 days
_vwo_uuid	Expiration date 365 days
_vwo_ds	Expiration date 29 days
_vwo_sn	Expiration date 1 hour
_vis_opt_s	Expiration date 99 days
_vis_opt_test_cookie
af_id	Expiration date 394 days
afUserId	Expiration date 730 days
AF_SYNC	Expiration date 6 days
AnalyticsSyncHistory	Expiration date 29 days

Cookie name	Description
MUID	Expiration date 389 days
_omappvp	Expiration date 3998 days
_omappvs	Expiration date 1 hour
_uetsid	Expiration date 1 day
_uetvid	Expiration date 389 days
_fbp	Expiration date 89 days
fr	Expiration date 89 days
_ttp	Expiration date 89 days
_tt_enable_cookie	Expiration date 89 days
hubspotutk	Expiration date 179 days
IDE	Expiration date 389 days
YSC
VISITOR_INFO1_LIVE	Expiration date 179 days
li_sugr	Expiration date 89 days
guest_id_marketing	Expiration date 729 days
guest_id_ads	Expiration date 729 days
guest_id	Expiration date 729 days
muc_ads	Expiration date 729 days
VISITOR_PRIVACY_METADATA	Expiration date 179 days
MSPTC	Expiration date 389 days

Cookie name	Description
bcookie	Expiration date 364 days
lidc	Expiration date 1 day
UserMatchHistory	Expiration date 29 days
bscookie	Expiration date 364 days
li_gc	Expiration date 179 days
personalization_id	Expiration date 729 days