QtrendsUS stocks rally as Dell surges, boosting server makers and lifting major indexes to new records. Oil prices slide on growing hopes for a US-Iran ceasefire agreement. Inflation hits a three-year high, eroding Americans' savings and spending power. Wordle and NYT puzzle hints dominate daily entertainment searches.
Saturday's Wordle #1806 hints and answers are out, along with NYT Pips and Strands puzzle solutions for May 30. Forbes published walkthroughs for all three daily word games. Puzzle enthusiasts check these guides for help with the day's challenges.
US stock markets gained ground Friday, extending record levels as Dell shares soared. Dell's stunning rally lifted other server makers, with Nextpower and AST SpaceMobile also among the biggest movers. The broad market advance was fueled by strong tech sector performance and investor optimism.
Oil prices fell sharply as markets priced in growing prospects for a US-Iran ceasefire agreement. Trump signaled an imminent decision, pushing for Hormuz Strait reopening and nuclear curbs. Lower crude prices helped lift stock markets as geopolitical risk premiums eased.
Inflation in the US has reached a three-year high, with key gauges worsening as Americans' income and spending power erode. Many households are burning through their savings to keep up with rising costs. Analysts question whether a handful of resilient sectors can keep the economy afloat without tipping into recession.