Trump Lifts Dow But AI Leaders Hit Hard; What To Do - Investor's Business Daily
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- Dow closed higher on May 18, 2026, after Trump’s announcement.
- Nasdaq led equity losses, with tech stocks dropping as borrowing costs rose.
- Oil prices climbed amid the Iran war, raising inflation concerns.
- Bonds faltered as the Iran conflict heightened inflation fears.
- AI leaders saw sharp declines despite the broader market rally.
Why it matters: Investors in the Dow benefit from the rally, while AI‑focused funds lose value; rising oil and falling bonds push inflation expectations higher, pressuring fixed‑income portfolios.
