Wall Street’s main indexes closed higher on Friday, securing a weekly gain fueled by FedEx’s strong earnings and positive sentiment in the technology sector. Optimism surrounding AI-linked stocks and the Fed’s anticipated rate cuts further boosted the market. However, concerns arose from a blocked funding bill and Lennar’s disappointing forecast, adding a layer of caution to the overall positive trend.
Market Wrap: Sensex falls 142 points, Nifty holds 23,900; HDFC Bank shares tumble 3%
Indian stock market closed in the red, with benchmark indices Sensex and Nifty falling up to 0.2% as Iran-US tensions simmered and rupee declined. Broader
May 27, 2026