05/29/2026
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PAGI CAPITAL
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β’ πΊπΈ US stocks hit fresh record highs as investors react positively to possible US-Iran peace negotiations and continued AI sector momentum. S&P 500, Nasdaq & Dow closed higher.
β’ π’οΈ Oil prices dropped sharply β Brent crude fell near $92 after hopes emerged of reopening the Strait of Hormuz and easing Middle East tensions.
β’ πͺ Gold rebounds slightly above $4,500/oz as traders balance safe-haven demand with easing geopolitical fears.
β’ βΏ Crypto market under pressure β Bitcoin slipped near $73K while Ethereum and XRP also declined amid global risk-off sentiment and inflation concerns.
β’ π΅ US dollar weakens slightly as Treasury yields cool and investors expect fewer aggressive Fed moves.
β’ π―π΅ Asian markets rally strongly β Japanβs Nikkei surged over 2.5%, boosted by tech and AI-related stocks.
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