US stocks edged higher Monday, with the S&P 500 and Nasdaq Composite closing at fresh record highs as semiconductor shares continued to rally. The S&P 500 rose 0.19%, the Nasdaq gained 0.1%, and the Dow Jones Industrial Average added 0.19%. Micron cl

2026-05-12

US stocks edged higher Monday, with the S&P 500 and Nasdaq Composite closing at fresh record highs as semiconductor shares continued to rally. The S&P 500 rose 0.19%, the Nasdaq gained 0.1%, and the Dow Jones Industrial Average added 0.19%. Micron climbed to a record high, helping lift chip stocks. Oil prices also advanced as geopolitical tensions remained in focus after President Donald Trump rejected Iran’s revised proposal aimed at ending the conflict and lifting sanctions. Investors are now watching upcoming US inflation data for signs of higher energy prices feeding into broader inflation pressures.