AI Optimism Sends Stocks Rocketing Higher; BP's Chair Ousted | The Opening Trade 5/27/2026
The rally in US stocks is set to stretch into a fifth day as optimism around artificial intelligence, lower oil prices and easing bond yields spurred traders to grow increasingly bullish. Former BP Plc Chairman Albert Manifold says he was fired without warning or explanation and will challenge the company’s version of events, deepening the turmoil around the UK oil major’s latest leadership change. The company didn’t provide further details in its statement, but people close to BP who requested…

