Today: 19 May 2026
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NASDAQ:LPLA 28 January 2026 - 5 May 2026

US Stock Market Today: Nasdaq Hits Record as Oil Retreats and Earnings Lift Wall Street

US Stock Market Today: Nasdaq Hits Record as Oil Retreats and Earnings Lift Wall Street

The S&P 500 rose 0.83% to 7,260.23 and the Nasdaq gained 1% as tech shares led a rebound, while Brent crude fell 3.31% to $110.65. LSEG data showed first-quarter S&P 500 earnings growth above 18%, with 83% of companies beating estimates. Job openings dropped but hiring surged in March. The Federal Reserve kept rates steady, citing inflation and Middle East uncertainty.
US Stock Market Today: Dow Sinks as Oil Shock Tests Wall Street’s Record Run

US Stock Market Today: Dow Sinks as Oil Shock Tests Wall Street’s Record Run

The Dow fell nearly 450 points Monday as tensions near the Strait of Hormuz sent oil prices up 5% to $113.91 a barrel. Iranian reports claimed missiles hit a U.S. vessel, which the U.S. denied, while the UAE said it intercepted Iranian missiles. Most S&P 500 sectors dropped, and volatility rose. Amazon expanded its supply-chain business, hitting UPS and FedEx shares; GameStop proposed a $56 billion bid for eBay.
LPL Financial (LPLA) stock steadies premarket after 8% drop on Altruist AI tax-planning shock

LPL Financial (LPLA) stock steadies premarket after 8% drop on Altruist AI tax-planning shock

LPL Financial shares hovered near $360.60 in premarket trading Wednesday after plunging 8.3% Tuesday, as Altruist’s new AI tax-planning tool triggered a selloff in brokerage stocks. Raymond James, Charles Schwab, and Ameriprise also dropped sharply. Traders are watching for further declines. Altruist’s Hazel platform can now automate personalized tax strategies for advisers.
Charles Schwab stock price sinks about 7.5% as Altruist’s Hazel AI tax tool spooks brokers

Charles Schwab stock price sinks about 7.5% as Altruist’s Hazel AI tax tool spooks brokers

Charles Schwab shares fell 7.5% to $99.25 in after-hours trading Tuesday, following a broader selloff in brokerage stocks after Altruist launched AI-powered tax-planning tools. LPL Financial dropped 8.2%, Raymond James 8.8%, and Morgan Stanley 2.5%. Altruist’s Hazel platform can read tax documents and generate personalized strategies in minutes. Investors await Schwab’s January activity report, due Feb. 13.

Stock Market Today

  • Diageo Share Price Slumps 55% Over Five Years Amid Market Challenges
    May 19, 2026, 2:39 PM EDT. Diageo's share price has fallen 55% over five years, with a 28% drop in the past year, pressured by a cost-of-living crisis, US tariffs, and shifting consumer habits among younger generations. After a November 2023 profit warning linked to weaker sales in Latin America and the Caribbean, the FTSE 100 spirits giant has struggled to recover. New CEO Sir Dave Lewis, appointed in January to revive the company, has cut the dividend by half and aims to reduce costs by $625 million over three years. Despite a slight sales uptick in Q3 2024 to $4.5 billion, key markets including North America and China remain weak. Net debt stands at $21.7 billion with a market cap of £32.5 billion, and investors face uncertainty as consumer attitudes and geopolitical tensions weigh on demand.

Latest articles

Marvell Stock Is Jumping Again — The AI Chip Trade Has One Week To Prove It

Marvell Stock Is Jumping Again — The AI Chip Trade Has One Week To Prove It

19 May 2026
Marvell shares climbed 6.6% to $180.04 Tuesday, outperforming a falling Nasdaq as investors positioned ahead of its May 27 earnings call. Trading volume reached 15.3 million shares, with the company’s market value near $155.5 billion. The stock’s rally followed analyst price target hikes and speculation over AI data-center demand. Marvell last reported record annual revenue and forecast further growth led by its data-center business.
Enbridge Stock Hits a 52-Week High Even as Line 5 Fight Throws Up a Fresh Risk

Enbridge Stock Hits a 52-Week High Even as Line 5 Fight Throws Up a Fresh Risk

19 May 2026
Enbridge Inc. shares hit a 52-week high of C$78.25 on Tuesday, rising 2.76% even as the S&P/TSX Composite slipped 0.1% amid inflation concerns. The move came after the company reaffirmed 2026 financial guidance and despite a partial construction pause on its Line 5 project in Wisconsin. Pembina Pipeline shares also rose, though less sharply.
Amazon shares fall as $200 billion AI question lingers

Amazon shares fall as $200 billion AI question lingers

19 May 2026
Amazon shares fell 2.3% to $258.73 Tuesday, underperforming the S&P 500 and Nasdaq as investors trimmed tech holdings ahead of Nvidia’s earnings. AWS revenue jumped 28% to $37.6 billion last quarter, but Amazon’s free cash flow dropped to $1.2 billion over the past year from $25.9 billion, reflecting heavy AI spending.
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