Why Is the Stock Market Up Today, 5/13/26? - TipRanks
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- S&P 500 closed at a record high on May 13, 2026.
- Nasdaq closed at a record high on May 13, 2026.
- Tech stocks rebounded, lifting the market.
- Oil prices fell, dragging energy shares lower.
- Warsh was confirmed as the new Federal Reserve Chair.
Why it matters: Tech investors benefit from the market rally, oil producers lose from falling prices, and the Fed chair confirmation changes the leadership of monetary policy, affecting borrowing costs.
