LAST BRIEF 10:31 TRT
HOME > MARKETS > INDICES > S&P 500 > 2026-05-12
US500S&P 500
7,412.8
+0.19%
DATE: 2026-05-12MATERIAL CHANGE
Past
What happened
S&P 500 edged up 0.2% to a fresh record close at 7,412.84, powered by semis and AI plays despite oil crossing $100 and the VIX jumping to 18.4.
Why
Why it matters
The market is running a dangerous split — mega-cap tech keeps printing new highs on AI capex euphoria while breadth narrows and oil-sensitive sectors lag. Classic late-cycle divergence.
Watch
What to watch
CPI Tuesday 15:30 TRT is the gatekeeper — consensus 3.4% YoY core; above 3.6% triggers a sell-the-news reaction; at or below consensus extends the grind to 7,500.
HEADLINES
2026-05-11ARCHIVEnewer →