Dow Jumps Over 600 Points as S&P 500 and Nasdaq Hit Records Amid AI Trade Rally

The U.S. stock market surged on May 6, with the Dow Jones rising over 600 points while both the S&P 500 and Nasdaq reached record levels driven by strong tech earnings and optimism around a potential peace deal between the U.S. and Iran.

By Rian Howlett and Karen Friar Updated Thu, May 7, 2026 at 1:51 AM GMT+3 1 min read · Yahoo Finance ·

Dow Jumps Over 600 Points as S&P 500 and Nasdaq Hit Records Amid AI Trade Rally

Tickers: $AMD $SMCI

Topics: AI trade Dow Jones Nasdaq Composite S&P 500 stock market US-Iran peace talks

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