Today: 20 May 2026
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NASDAQ:EL 30 October 2025 - 2 May 2026

S&P 500 And Nasdaq Hit Records As Apple Rally Defies Oil Shock — For Now

S&P 500 And Nasdaq Hit Records As Apple Rally Defies Oil Shock — For Now

The S&P 500 and Nasdaq closed at record highs Friday, with the S&P 500 up 0.29% and the Nasdaq rising 0.89%, boosted by strong Apple earnings. The Dow fell 0.31%. Oil prices eased but remained above $100 a barrel, while Treasury yields stayed elevated. High-yield credit spreads neared multi-year lows as investors continued to buy risk assets despite ongoing tensions with Iran.

Stock Market Today

  • Why Target's Turnaround Faces Investor Skepticism Despite Recent Gains
    May 20, 2026, 12:37 PM EDT. Target's efforts to boost sales through initiatives like redesigned shopping carts and a new concierge service for baby products have yet to fully convince investors. Despite recent positive results, shares dropped Wednesday amid doubts over the retailer's ability to sustain its turnaround momentum. The mixed market reaction highlights uncertainty around Target's path forward amid competitive pressures and changing consumer habits.

Latest articles

Redwire draws attention after latest Army and NATO drone contracts

Redwire draws attention after latest Army and NATO drone contracts

20 May 2026
Redwire shares rose 0.6% to $13.99 after announcing a $15 million U.S. Army drone order and a multi-year NATO contract. The company’s first-quarter net loss widened to $76.5 million, despite revenue jumping 57.9% to $97 million. Redwire may sell up to $350 million in stock through an at-the-market program, according to a May 6 SEC filing.
Ondas Stock Is Moving Again After a $199 Million AI Defense Deal — What Investors Missed

Ondas Stock Is Moving Again After a $199 Million AI Defense Deal — What Investors Missed

20 May 2026
Ondas Inc. shares climbed 3.3% to $9.43 midday Wednesday after the company agreed to acquire Israeli defense software firm Omnisys for $199 million in stock, plus up to $60 million in earn-outs. The deal, expected to close in the second quarter pending approvals, would add Omnisys’ real-time defense resource software to Ondas’ portfolio. Trading volume reached 22 million shares. Peers in the defense sector also saw gains.
Why SoFi Technologies Stock Is Slipping After Its PrimaryBid Deal

SoFi Stock Jumps But Rate Threat Lingers

20 May 2026
SoFi Technologies shares rose 2.4% to $15.59 in midday Nasdaq trading Wednesday, with volume topping 22 million after CEO Anthony Noto spoke at J.P. Morgan’s tech conference. The stock rebounded despite concerns over higher Treasury yields and an unchanged 2026 profit outlook, which previously pressured shares. SoFi’s market value reached about $21.5 billion.
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