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Stocks Extend Highs; Paxton Defeats Cornyn in Texas Senate Runoff | Bloomberg Brief 5/27/2026

Bloomberg Markets · May 27, 2026, 11:41 AM · Also reported by 4 other sources

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 N

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The Hill GOP Senate campaign arm deletes posts bashing Paxton after runoff win NY Times Paxton’s Texas Victory Opens a New Front in the Battle for the Senate Al Jazeera Trump-backed Paxton topples senator Cornyn in Texas primary The Guardian First Thing: Trump-backed Ken Paxton ousts John Cornyn in Texas primary

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Stocks Extend Highs; Paxton Defeats Cornyn in Texas Senate Runoff | Bloomberg Brief 5/27/2026

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