U.S. stocks rise on May 6, Dow gains 612 points on hopes for end to Iran conflict

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Thu May 7, 2026 8:13 am JST Market

U.S. stocks rallied on May 6, with the Dow Jones Industrial Average surging 612.34 points to close at 49,910.59, marking a second consecutive day of significant gains. Expectations for an end to the Iran conflict bolstered investor risk appetite. Demand for AI semiconductor-related stocks also intensified, with Advanced Micro Devices posting sharp gains following its earnings announcement. The Nasdaq Composite Index reached a new all-time high for consecutive sessions.

Goldman Sachs Group and Sherwin-Williams were bought, while Walt Disney surged. CVS Health , Uber Technologies , and Corning saw substantial price gains, while New York Times and Joby Aviation jumped sharply. Live Nation Entertainment and Compass posted strong gains. On the downside, Chevron and Salesforce traded weakly. Arista Networks plunged.

The Nasdaq Composite Index rose 512.81 points to 25,838.94, extending its gains significantly. NVIDIA and Intel showed strength. Arm Holdings traded higher, and Super Micro Computer soared. Meanwhile, Cisco Systems and Costco Wholesale showed lackluster performance. Lumentum Holdings searched for a bottom.

Source: MINKABU PRESS

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