Today: 30 June 2026
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NYSE:GPS 11 February 2026 - 29 May 2026

Dow Jones Pushes Past 51,000 After Hours on AI Momentum, Iran Moves

Dow Jones Pushes Past 51,000 After Hours on AI Momentum, Iran Moves

Dow ends over 51,000 as oil drops, Iran truce hopes lift sentiment The Dow Jones Industrial Average finished the session at 51,027.94, up 358.82 points, or 0.71%. Lower oil prices and some optimism about a possible U.S.-Iran truce helped push the move. The S&P 500 was higher by 19.91 points, or 0.26%, to close at 7,583.61. The Nasdaq Composite climbed 59.92 points, or 0.23%, ending at 26,978.21. The move was noteworthy as the blue-chip Dow, a price-weighted index of 30 big U.S. names, jumped in on a rally led by tech and AI. Price-weighted means stocks trading at higher prices hold more pull on the average than cheaper names, even if they’re smaller.
Gap Shares Stall After Old Navy Trouble Hits Traders

Gap Shares Stall After Old Navy Trouble Hits Traders

Gap Inc. shares dropped 17.6% to $20.60 Friday afternoon. That puts the retailer on pace for its sharpest fall in roughly a year. Traders sold as weak demand at Old Navy offset the company’s raised profit outlook. Gap’s stock slide is in focus as the retailer’s turnaround has relied on tighter inventory, stronger marketing, and more traffic at key brands. Even though Gap lifted its earnings guidance, cutting its sales forecast put a tougher question to investors—can the company keep growing while shoppers remain picky about buying apparel?
29 May 2026

Stock Market Today

  • Circle Drops 15% After Open USD Stablecoin Reveal, Revenue Model in Focus
    June 30, 2026, 1:44 PM EDT. Circle Internet Group (NYSE:CRCL) dropped 15% to $64.55 after news hit about Open USD, a stablecoin from a group including Visa, Mastercard and Coinbase. Open USD brings free minting and redemption, no caps on volume, and a plan to split reserve earnings with partners-unlike Circle's USDC. The change put pressure on Circle's valuation, at about 23 cents for every USDC issued, with investors eyeing how reserve income gets distributed. BNY Mellon (NYSE:BNY) added more USDC custody, showing steady institutional demand but also more rivals in the space. Stablecoin issuers slid while payment networks and ETFs traded up. Circle logged $694 million in revenue and reserve income for Q1, with high costs keeping investors alert to shifts in stablecoin economics.
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