DBI Today: 47.4 (−1.6)

Note: the DBI moved to a 6-pillar methodology on 25 May 2026. Pre-change scores shown for context only.
The S&P 500 and Nasdaq, the two main US stock indices, both closed at all-time highs on Tuesday, dragged higher by a 19% one-day jump in chipmaker Micron Technology and a wider rally in companies building the infrastructure behind artificial intelligence. But beneath that headline, the picture was far less tidy. Fresh US military strikes in southern Iran sent Brent crude — the global oil benchmark — back above $99 a barrel, European stocks gave up roughly half of Monday's powerful rally, and US consumer confidence slipped for a third month as households absorbed the inflationary impact of the war. The DBI moved lower because the data, taken in the round, was more cautious than the record-high headlines suggested.
A note on methodology: from 24th May 2026, the DBI moved to a six-pillar model. We've added a Labour Market pillar (15%), reduced Equity's weight from 40% to 30%, and trimmed SME from 15% to 10%. The change makes the index better at tracking real-world business conditions rather than just market sentiment. Historical scores before today aren't directly comparable.
See What's Moving The Index
Unlock the full Daily Index — what's moving the index, today's winners and losers, and what it means for your business. Plus much more. Join The Business Index Community for $5 a month. Cancel anytime.
