Premarket: Stocks rise as investors take heart from upbeat earnings, dip in oil
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Article Excerpt
S&P 500 notches record high as AI chip stocks surge, but Shopify pulls TSX lower
PUBLISHED MAY 5, 2026
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The S&P 500 and Nasdaq notched record high closes on Tuesday, lifted by Intel and other AI-related stocks, as a U.S.-Iran ceasefire held firm and investors focused on strong quarterly earnings. The TSX ended lower, weighed down by a big decline in Shopify shares following its earnings report.
Washington said on Tuesday its ceasefire with Iran was inta…
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