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36 articles summarized · Last updated: LATEST

Last updated: May 29, 2026, 11:31 PM ET

Market Performance & IPO Activity

Stocks closed out a strong May with major indexes reaching fresh records as oil declines boosted investor sentiment, while SpaceX's upcoming IPO continues to captivate Wall Street with bankers working to create a self-fulfilling prophecy that missing out poses greater risks than investing. In IPO news, Honeywell-backed Quantinuum is considering increasing its offering size and price range as quantum computing gains market attention. Meanwhile, EasyJet has drawn takeover interest from private credit firm Castlelake, potentially marking another UK-listed company removed from public markets.

Energy & Commodities

Asian rice surged 20% in May, posting the biggest monthly jump in nearly two decades as war and weather threats threaten production, pushing prices to multi-year highs. The energy sector saw mixed performance with Brent crude falling 19% in May, its sharpest monthly drop since 2020, while hedge funds turned bearish on natural gas for the first time since 2024 amid plentiful domestic supplies and reduced export expectations. In corporate moves, Next Era Energy's political influence in Florida has faced scrutiny as the company seeks to acquire Dominion Energy.

Fixed Income & Credit Markets

The WSJ Dollar Index rose 0.61% this month to 95.58, though it declined 0.1% for a second consecutive trading day. Short-sellers are lining up to bet against bond ETFs as caution becomes the most expensive position on Wall Street, while Americans are falling behind on credit card bills totaling $1.25 trillion with soaring interest rates leading to delinquencies not seen since the financial crisis. In trading venues, Citadel Securities lost its court fight to block IEX Group from launching a new options exchange that intentionally slows orders after a federal appeals court rejected the market maker's bid.

Technology & Innovation

A famous math problem that stumped humans for 80 years has been cracked by AI, causing excitement in the mathematical community about