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US Stocks Edge Up as AI Lifts Semiconductors and Earnings Beat by 80 Percent
Economy
Published on 11 May 2026
Iran talks stall even as markets chase AI gains
US stocks closed slightly higher as AI momentum boosted semiconductor shares and strong earnings kept risk appetite intact, with over 80% of S&P 500 firms beating estimates. The upside faced a familiar headwind: rising crude prices and stalled US-Iran talks, which may revive inflation concerns. Traders now look to upcoming US inflation data and key macro indicators.
- AI-driven buying lifted semiconductor stocks at the close
- More than 80% of S&P 500 companies beat earnings estimates
- Rising crude and stalled US-Iran talks keep inflation fears alive
- Attention turns to US inflation data and macro releases this week
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times