What’s News in Markets: Memory’s Gold Rush, Oil Slips, Ford Finds a New Lane

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Imani Moise· Host0:30

Hey, listeners, your Money Briefing is still on a break, but we'll be back with more personal finance information for you in the future. Until then, here's the news moving the markets this week. [instrumental music] Hey, listeners. It's Saturday, May 30th. I'm Imani Mowese for The Wall Street Journal, and this is What's News in Markets, our look at the biggest stock moves of the week and the news that drove them. Let's dive in. Stocks continued their historic march higher as Wall Street's appetite for AI showed few signs of slowing. All three major indexes ended the week at record highs, and the S&P has now risen nine consecutive weeks, the longest winning streak since 2023. Investors are paying historically high prices relative to corporate earnings, a dynamic not seen since the dot com boom. The last time investors were willing to pay these kinds of prices was around the market peak in 2000. So far, investors are still buying. The tech-heavy Nasdaq led the way, rising