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The major U.S. stock indexes ended **mixed and mostly flat** on Wednesday, **May 27, 2026**, as a dramatic plunge in oil prices and a fresh **Dow all-time high** above 50,600 were offset by a sharp pullback in chip stocks that kept the S&P 500 and Nasdaq pinned near the flat line. The session featured a tale of two markets: old economy stocks soaring on peace hopes, and AI darlings finally taking a breather.
The **S&P 500** barely budged, up just **0.02%** (+1.24 pts) to a record **7,520.36.** The **Dow** surged **0.36%** (+182.60 pts) to a new all-time high of **50,644.28.** The **Nasdaq** edged up just **0.07%** (+18.55 pts) to **26,674.73.** The **Russell 2000** was essentially flat, dipping **0.02%** (-0.60 pts) to **2,919.94.**
The **VIX** dropped **4.06%** to **16.32**, its lowest close in over a month. **Gold** fell **1.13%** to **$4,483.60.** **Brent Crude Oil** cratered **3.89%** to **$92.91/barrel.**