Tech Leads, Inflation Bites | Daily Market Recap

Your 3-minute daily market update - simplified for busy investors.

Kristal Research Desk

Kristal.AI

14 May3 min

Your 3-minute daily market update - simplified for busy investors.

Today: S&P 500 and Nasdaq 100 hit fresh records despite PPI coming in nearly 3x hotter than expected (+1.4% vs 0.5% MoM), Nasdaq jumps +1.04% to 29,367, Trump lands in Beijing with Jensen Huang and Elon Musk on Air Force One for tariff talks, Kevin Warsh confirmed as new Fed Chair, Cisco surges +17% after hours on record $15.8B revenue and $9B AI order target, Nebius rockets +15% on 684% YoY revenue growth, Alibaba +8% on China summit hopes, and Shopify sinks to new 52-week low.

📈 What moved markets 💼 Biggest stock winners & losers 🌍 What to watch tomorrow

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