Deal Optimism & Yields Ease Support 50k
Yields eased to 4.51% from 19-year highs, oil drop to $92 eases inflation fears. Fed hike odds ~50% by Oct. Bearish divergence warnings (Ron Walker) challenge rally sustainability. Focus on Hormuz reopening timeline and Sunday night gap risk. NFP/JOLTS data still on radar. New article highlights persistent US-Iran tension causing Dow weakness and divergence with Nasdaq, adding to uncertainty.
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Updated May 28, 2026