Major Indexes Log Fresh Highs as Dow Pops 400 Points

The Nasdaq Composite (IXIC) is enjoying a modest gain alongside the S&P 500 Index (SPX) this afternoon, while the Dow Jones Industrial Average (DJI) trades 404 points higher as investors look to close out the week and month on a high note. Each of the indexes have already tapped intraday records, aided by a pullback in crude prices and surge in Big Tech. U.S.-Iran tensions remain intact and investors are looking forward to Trump's decision on another ceasefire extension. Should today's gains hold, the S&P will mark its ninth-straight weekly gain, its longest such win streak since December 2023.

Continue reading for more on today's market, including:

• Dell stock breaks out after earnings triple play.
• Retail favorite slipping despite reporting record revenue.
• Plus, three more software stocks making plenty of noise this afternoon.

Aerospace name MongoDB Inc (NASDAQ:MDB) was last seen off 4.8% to trade at $310, bucking the software sector surge and brushing off a quarterly beat-and-raise. Analysts and options traders have swarmed MDB in response, with 53,000 contracts across the tape so far, five times the average daily rate. Most popular is the June 330 call, with the expiring weekly 5/29 300-strike put seeing buy-to-open activity. MDB has shed almost 27% in 2026.

ServiceNow Inc (NYSE:NOW), up 14.1% at $124.06 at last check, one of the top names on the New York Stock Exchange (NYSE) as it enjoys a halo lift from hardware peer Dell Technologies (DELL). Now up 17% for the quarter, ServiceNow stock is eyeing its best day since April 2025. 

BlackSky Technology Inc (NYSE:BKSY) is near the bottom of the NYSE, last seen down 9.9% to trade at $46.50, pulling back from its recent run to five-year highs. The ascending 20-day moving average is just below, however, should these losses persist. BKSY has added 140% in 2026 so far.