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The S&P 500 closed 0.58% higher to surpass its mid-August peak, and the Nasdaq Composite also set a record as investors kept piling into technology and AI stocks. Meanwhile, Asian equities slipped on Wednesday and Brent crude rose to $101.45 a barrel amid Middle East tensions.
Overnight and into early morning on May 1, 2026, multiple significant events unfolded worldwide, drawing global attention. In Europe, EU leaders continued discussions on a new round of sanctions targeting Russia. In the Middle East, a large explosion struck an oil refinery in southern Iraq, injuring at least five people. Meanwhile, Wall Street closed in the red, the WHO warned of a new SARS-CoV-2 subvariant in Asia, and UEFA confirmed the Champions League semifinal schedule.
