The stock market rallied on Monday, snapping a five-day losing streak, as investors responded positively to easing geopolitical tensions following progress toward a U.S.-Iran ceasefire, which boosted overall market confidence. The rally was further fueled by a rebound in large-cap technology stocks, particularly the “Magnificent Seven,” whose strong gains lifted the broader market after recent weakness.
Overall, S&P 500 jumped 1.2% to 7,440, while Nasdaq surged 2.1% to 25,820.
Tweet of the Day
애플에 개빡친 마이크론 CEO의 한마디:
10년 넘게 애플은 우리 칩을 $5에 사서
소비자들에게 $99 업그레이드 가격으로 팔아먹으면서
우리가 $7 달라고 할 때마다 비웃었다.이제 우리가 $50을 받으니까
애플은 바로 고객들에게 $250 가격 인상을 단행했다.마이크론 지지합니다 😇 https://t.co/O6UT6Ih5wM
— Gang (@euphoria_707) June 27, 2026
Chart of the Day
Here is the one-year chart of Ecolab (ECL) as of May 26, 2026, when the stock was at $254.
Ecolab posted good results last quarter with 13% profit growth on a 10% increase in revenue. Leading the way was Global High-Tech sales, which rose 25%. Global High-Tech is within Ecolab’s Global Water operating segment, and includes water cooling and cleaning for AI datacenters and semiconductor manufacturers. This water gets circulated and cleaned along the way. Global High-Tech sales surged 131% last quarter.
Ecolab is bolstering its High-Tech offerings with two acquisitions:
- Ecolab recently acquired Ovivo Electronics, which supplies ultra-pure water critical for semiconductor manufacturing.
- Ecolab is set to acquire CoolIT Systems, a provider of direct-to-chip liquid cooling AI/data center cooling and water-adjacent infrastructure solutions. The transaction is expected to close in the third quarter of 2026.
ECL is part of the Conservative Growth Portfolio.
