{"id":345020,"date":"2026-06-01T17:23:04","date_gmt":"2026-06-01T21:23:04","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=345020"},"modified":"2026-06-01T17:23:07","modified_gmt":"2026-06-01T21:23:07","slug":"mideast-talks-software-rally-pushes-wall-street-to-highs","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/mideast-talks-software-rally-pushes-wall-street-to-highs\/","title":{"rendered":"Mideast talks, software rally pushes Wall Street to highs"},"content":{"rendered":"\n

The month began with mixed news from the Middle East after Iran ended peace talks and\u00a0continued\u00a0blocking the flow of oil, but later Trump announced that he was resuming these talks. Meanwhile, Nvidia CEO, Jensen Huang, announced that AI posed no threat to software companies. These two developments pulled American indices out of the red and into positive\u00a0territory: the S&P up 0.26% and the Nasdaq 0.42%, both to record highs,and the Dow 0.09%.WTI spiked 5.7% to US$92.30 but was off the high of the day. Software surged across the board, including ServiceNow<\/a> by 9.24% and Adobe<\/a> 5.72%. However, Meta<\/a> slid\u00a05.07% and Ford<\/a> skidded 4.64%. Once more, Nvidia<\/a> was the most influential name, adding\u00a06.26%. Bitcoin sank over US$2,000 to US$71,570. The U.S. 10-year yield remained at 4.453%.<\/p>\n\n\n\n

Despite tech and energy surging, the TSX declined\u00a034 points. Sectors were mixed with materials and financials faring the worst. Key names: Celestica<\/a> soaring 10.36%, Parex Resources<\/a> 10.27%, BlackBerry<\/a> 8.74%, Thomson Reuters<\/a> 8.63% and Equinox Gold<\/a> -8.19%. Gold slipped US$57 to US$4,482 as silver declined 0.6% to US$74.70<\/p>\n\n\n\n

💾 Servicenow (NOW)<\/a> +9.24%<\/p>\n\n\n\n

💾 Adobe Systems (ADBE)<\/a> +5.72%<\/p>\n\n\n\n

🕵️‍♀️ Meta Platforms, Inc. (META)<\/a> -5.07%<\/p>\n\n\n\n

🚘 Ford Motor (F)<\/a> -4.64%<\/p>\n\n\n\n

💾 NVIDIA Corporation (NVDA)<\/a> +6.26%<\/p>\n\n\n\n

🧬 Celestica Inc (CLS.TO)<\/a> +10.36%<\/p>\n\n\n\n

🛢 Parex Resources Inc. (PXT.TO)<\/a> +10.27%<\/p>\n\n\n\n

📱 BlackBerry (BB.TO)<\/a> +8.74%<\/p>\n\n\n\n

🖨 Thomson Reuters Corp (TRI.TO)<\/a> +8.63%<\/p>\n\n\n\n

🥇 Equinox Gold (EQX.TO)<\/a> -8.19%<\/p>\n","protected":false},"excerpt":{"rendered":"

The month began with mixed news from the Middle East after Iran ended peace talks and\u00a0continued\u00a0blocking the flow of oil, but later Trump announced that he was resuming these talks. Meanwhile, Nvidia CEO, Jensen Huang, announced that AI posed no […]<\/p>\n","protected":false},"author":9,"featured_media":343920,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"cwp_meta_box_check":"No","cwp_rev_product_name":"","cwp_rev_product_image":"","wppr_links":[],"cwp_rev_price":"","wppr_options":[],"wppr_pros":[],"wppr_cons":[],"footnotes":""},"categories":[178],"tags":[],"class_list":["post-345020","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily"],"wppr_data":{"cwp_meta_box_check":"No"},"_links":{"self":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/345020","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/comments?post=345020"}],"version-history":[{"count":1,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/345020\/revisions"}],"predecessor-version":[{"id":345021,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/345020\/revisions\/345021"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/media\/343920"}],"wp:attachment":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/media?parent=345020"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=345020"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=345020"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}