On May 29, 2026 (Friday), U.S. equities opened with broad strength concentrated in large-cap technology and software names. Major software and semiconductor leaders including Microsoft, Intel, Oracle and Adobe all traded notably higher, while AI- and data‑center‑related hardware names such as Dell Technologies Inc. and SUPER MICRO COMPUTER INC posted outsized gains, underscoring continued risk appetite for growth and tech.

From an industry perspective, Software/SaaS outperformed with the sector up about 2.00%. Constituents such as Microsoft, Adobe, ServiceNow, Salesforce.com, HubSpot and Monday.com Ltd. all advanced, reflecting strong buying interest in cloud, enterprise software and AI‑driven platforms. Broader software ETFs like iShares Expanded Tech-Software Sector ETF also moved higher, suggesting gains were not limited to a few mega caps.

In contrast, New Energy Vehicles (NEVs) opened weaker, with the NEV basket down around 1.00%. Key names such as Tesla and Chinese EV makers NIO, XPEV and LI faced pressure amid rotation into profitable tech and software leaders. Meme stocks also slipped about 1.00%, with names like GameStop and AMC Entertainment under selling pressure as speculative sentiment cooled. Russian‑related equities declined roughly 2.00%, while U.S. fuel cell stocks such as PLUG and FuelCell Energy fell around 4.00%. Space‑related stocks were among the weakest themes, with the broader space basket down about 7.00%, and Virgin Galactic sliding despite the broader tech rally.