Stocks Extend Highs; Paxton Defeats Cornyn in Texas Senate Runoff | Bloomberg Brief 5/27/2026
AI optimism drives US stocks to another record high. Market capitalization of SK Hynix and Micron hit $1 trillion. Texas Attorney General Ken Paxton defeated incumbent John Cornyn winning the state's GOP Senate runoff after securing an endorsement from President Trump. Ella Gude of BNY Investments Newton discusses inflation risks. (Source: Bloomberg)
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