Market Pulse

Tech stocks powered a market rally, boosting the Dow to a new record. However, inflation worries, especially in manufacturing, persist, echoing pandemic-era price swings. McDonald’s faces slowing U.S. sales, appointing a new president to revive growth. AI security is a growing concern as companies meet with the Trump administration amid fears of AI-driven cyber threats and China’s advancements. Meanwhile, a Cyclospora outbreak in Michigan has claimed its first lives, and the U.S. market is seeing a potential rise in low-speed electric vehicles.

Tech stocks slide as persistent inflation and rising component costs impact companies like Apple and Microsoft. Memory chip inflation, fueled by AI demand, is forcing price hikes. The Fed faces a tricky inflation battle, while Supreme Court rulings affect Bayer’s liability and immigration policy. JPMorgan Chase sees leadership changes, and luxury spending shifts towards experiential offerings.