Friday, June 12, 2026
Market Watch

Market Watch — May 21, 2026

· · 2 min read

By Market Watch Writer • May 21, 2026 • 3 min read

S&P 500
7,445.72
+0.17%
Nasdaq
26,293.10
+0.09%
Dow Jones
50,285.66
+0.55% Record
Russell 2000
2,189.45
+0.42%
10Y Treasury
4.564%
-0.01 bps
VIX
17.12
-2.3%
WTI Crude
$96.24
-2.06%
Brent Crude
$102.57
-2.33%

U.S. Equities

The Dow Jones Industrial Average surged to a record close Thursday, gaining 276.31 points or 0.55% to finish at 50,285.66. The milestone came as oil prices retreated from recent highs and investors grew optimistic about potential progress in U.S.-Iran negotiations.

The S&P 500 added 0.17% to close at 7,445.72, while the Nasdaq Composite edged up 0.09% to 26,293.10. The modest gains for the broader indexes reflected cautious optimism even as geopolitical tensions in the Middle East continued to dominate headlines.

Nvidia shares fell 1.8% despite the chipmaker breezing past Wall Street expectations for earnings and guidance. The company also announced a hike in its quarterly cash dividend to 25 cents, but investors have come to expect beat-and-raise quarters amid the AI boom.

Fixed Income

Treasury yields were volatile throughout the session before ultimately pulling back. The benchmark 10-year Treasury note yield slipped less than 1 basis point to 4.564%, while the 30-year bond yield fell more than 2 basis points to 5.09%.

The earlier spike in yields came as crude prices initially jumped on reports that Iran’s supreme leader issued a directive to keep enriched uranium within the country, complicating prospects for a resolution to the U.S.-Iran conflict.

Energy Markets

Oil prices retreated sharply Thursday as diplomatic headlines capped supply-risk premiums. West Texas Intermediate crude futures fell $2.02 or 2.06% to close at $96.24 per barrel, while international benchmark Brent crude dropped $2.45 or 2.33% to settle at $102.57.

The Brent-WTI spread held at approximately $6.33. While the pullback offered some relief at the pump, analysts cautioned that tight inventories and Strait of Hormuz shipping constraints remain supportive of prices.

Currencies & Commodities

The Cboe Volatility Index, or VIX, settled around 17.12, down 2.3% on the session. The Wealth Alliance CEO Robert Conzo noted that the current VIX level signals investors are “feeling pretty comfortable” given strong earnings, low unemployment, and the proliferation of artificial intelligence.

President Donald Trump said the administration was in the “final stages” of negotiations with Iran, according to a pool report, helping lift investor spirits after three consecutive days of S&P 500 declines.

Forward Look

All eyes remain on Washington and Tehran as traders monitor developments in the Iran negotiations. “If inflation kicks up because oil prices stay at $100 or more, which could happen, there could be short-term concerns around that, and you’ll hear a lot of headline risk,” Conzo said.

Earnings season continues with investors digesting reports across sectors. The market’s ability to hold record highs will depend on whether diplomatic progress can sustain the recent optimism.

Market Watch

Market Watch — May 21, 2026

· · 2 min read

By Market Watch Writer • May 21, 2026 • 3 min read

S&P 500
7,445.72
+0.17%
Nasdaq
26,293.10
+0.09%
Dow Jones
50,285.66
+0.55% Record
Russell 2000
2,189.45
+0.42%
10Y Treasury
4.564%
-0.01 bps
VIX
17.12
-2.3%
WTI Crude
$96.24
-2.06%
Brent Crude
$102.57
-2.33%

U.S. Equities

The Dow Jones Industrial Average surged to a record close Thursday, gaining 276.31 points or 0.55% to finish at 50,285.66. The milestone came as oil prices retreated from recent highs and investors grew optimistic about potential progress in U.S.-Iran negotiations.

The S&P 500 added 0.17% to close at 7,445.72, while the Nasdaq Composite edged up 0.09% to 26,293.10. The modest gains for the broader indexes reflected cautious optimism even as geopolitical tensions in the Middle East continued to dominate headlines.

Nvidia shares fell 1.8% despite the chipmaker breezing past Wall Street expectations for earnings and guidance. The company also announced a hike in its quarterly cash dividend to 25 cents, but investors have come to expect beat-and-raise quarters amid the AI boom.

Fixed Income

Treasury yields were volatile throughout the session before ultimately pulling back. The benchmark 10-year Treasury note yield slipped less than 1 basis point to 4.564%, while the 30-year bond yield fell more than 2 basis points to 5.09%.

The earlier spike in yields came as crude prices initially jumped on reports that Iran’s supreme leader issued a directive to keep enriched uranium within the country, complicating prospects for a resolution to the U.S.-Iran conflict.

Energy Markets

Oil prices retreated sharply Thursday as diplomatic headlines capped supply-risk premiums. West Texas Intermediate crude futures fell $2.02 or 2.06% to close at $96.24 per barrel, while international benchmark Brent crude dropped $2.45 or 2.33% to settle at $102.57.

The Brent-WTI spread held at approximately $6.33. While the pullback offered some relief at the pump, analysts cautioned that tight inventories and Strait of Hormuz shipping constraints remain supportive of prices.

Currencies & Commodities

The Cboe Volatility Index, or VIX, settled around 17.12, down 2.3% on the session. The Wealth Alliance CEO Robert Conzo noted that the current VIX level signals investors are “feeling pretty comfortable” given strong earnings, low unemployment, and the proliferation of artificial intelligence.

President Donald Trump said the administration was in the “final stages” of negotiations with Iran, according to a pool report, helping lift investor spirits after three consecutive days of S&P 500 declines.

Forward Look

All eyes remain on Washington and Tehran as traders monitor developments in the Iran negotiations. “If inflation kicks up because oil prices stay at $100 or more, which could happen, there could be short-term concerns around that, and you’ll hear a lot of headline risk,” Conzo said.

Earnings season continues with investors digesting reports across sectors. The market’s ability to hold record highs will depend on whether diplomatic progress can sustain the recent optimism.

Market Watch

Market Watch — May 21, 2026

· · 2 min read

By Market Watch Writer • May 21, 2026 • 3 min read

S&P 500
7,445.72
+0.17%
Nasdaq
26,293.10
+0.09%
Dow Jones
50,285.66
+0.55% Record
Russell 2000
2,189.45
+0.42%
10Y Treasury
4.564%
-0.01 bps
VIX
17.12
-2.3%
WTI Crude
$96.24
-2.06%
Brent Crude
$102.57
-2.33%

U.S. Equities

The Dow Jones Industrial Average surged to a record close Thursday, gaining 276.31 points or 0.55% to finish at 50,285.66. The milestone came as oil prices retreated from recent highs and investors grew optimistic about potential progress in U.S.-Iran negotiations.

The S&P 500 added 0.17% to close at 7,445.72, while the Nasdaq Composite edged up 0.09% to 26,293.10. The modest gains for the broader indexes reflected cautious optimism even as geopolitical tensions in the Middle East continued to dominate headlines.

Nvidia shares fell 1.8% despite the chipmaker breezing past Wall Street expectations for earnings and guidance. The company also announced a hike in its quarterly cash dividend to 25 cents, but investors have come to expect beat-and-raise quarters amid the AI boom.

Fixed Income

Treasury yields were volatile throughout the session before ultimately pulling back. The benchmark 10-year Treasury note yield slipped less than 1 basis point to 4.564%, while the 30-year bond yield fell more than 2 basis points to 5.09%.

The earlier spike in yields came as crude prices initially jumped on reports that Iran’s supreme leader issued a directive to keep enriched uranium within the country, complicating prospects for a resolution to the U.S.-Iran conflict.

Energy Markets

Oil prices retreated sharply Thursday as diplomatic headlines capped supply-risk premiums. West Texas Intermediate crude futures fell $2.02 or 2.06% to close at $96.24 per barrel, while international benchmark Brent crude dropped $2.45 or 2.33% to settle at $102.57.

The Brent-WTI spread held at approximately $6.33. While the pullback offered some relief at the pump, analysts cautioned that tight inventories and Strait of Hormuz shipping constraints remain supportive of prices.

Currencies & Commodities

The Cboe Volatility Index, or VIX, settled around 17.12, down 2.3% on the session. The Wealth Alliance CEO Robert Conzo noted that the current VIX level signals investors are “feeling pretty comfortable” given strong earnings, low unemployment, and the proliferation of artificial intelligence.

President Donald Trump said the administration was in the “final stages” of negotiations with Iran, according to a pool report, helping lift investor spirits after three consecutive days of S&P 500 declines.

Forward Look

All eyes remain on Washington and Tehran as traders monitor developments in the Iran negotiations. “If inflation kicks up because oil prices stay at $100 or more, which could happen, there could be short-term concerns around that, and you’ll hear a lot of headline risk,” Conzo said.

Earnings season continues with investors digesting reports across sectors. The market’s ability to hold record highs will depend on whether diplomatic progress can sustain the recent optimism.

Market Watch

Market Watch — May 21, 2026

· · 2 min read

By Market Watch Writer • May 21, 2026 • 3 min read

S&P 500
7,445.72
+0.17%
Nasdaq
26,293.10
+0.09%
Dow Jones
50,285.66
+0.55% Record
Russell 2000
2,189.45
+0.42%
10Y Treasury
4.564%
-0.01 bps
VIX
17.12
-2.3%
WTI Crude
$96.24
-2.06%
Brent Crude
$102.57
-2.33%

U.S. Equities

The Dow Jones Industrial Average surged to a record close Thursday, gaining 276.31 points or 0.55% to finish at 50,285.66. The milestone came as oil prices retreated from recent highs and investors grew optimistic about potential progress in U.S.-Iran negotiations.

The S&P 500 added 0.17% to close at 7,445.72, while the Nasdaq Composite edged up 0.09% to 26,293.10. The modest gains for the broader indexes reflected cautious optimism even as geopolitical tensions in the Middle East continued to dominate headlines.

Nvidia shares fell 1.8% despite the chipmaker breezing past Wall Street expectations for earnings and guidance. The company also announced a hike in its quarterly cash dividend to 25 cents, but investors have come to expect beat-and-raise quarters amid the AI boom.

Fixed Income

Treasury yields were volatile throughout the session before ultimately pulling back. The benchmark 10-year Treasury note yield slipped less than 1 basis point to 4.564%, while the 30-year bond yield fell more than 2 basis points to 5.09%.

The earlier spike in yields came as crude prices initially jumped on reports that Iran’s supreme leader issued a directive to keep enriched uranium within the country, complicating prospects for a resolution to the U.S.-Iran conflict.

Energy Markets

Oil prices retreated sharply Thursday as diplomatic headlines capped supply-risk premiums. West Texas Intermediate crude futures fell $2.02 or 2.06% to close at $96.24 per barrel, while international benchmark Brent crude dropped $2.45 or 2.33% to settle at $102.57.

The Brent-WTI spread held at approximately $6.33. While the pullback offered some relief at the pump, analysts cautioned that tight inventories and Strait of Hormuz shipping constraints remain supportive of prices.

Currencies & Commodities

The Cboe Volatility Index, or VIX, settled around 17.12, down 2.3% on the session. The Wealth Alliance CEO Robert Conzo noted that the current VIX level signals investors are “feeling pretty comfortable” given strong earnings, low unemployment, and the proliferation of artificial intelligence.

President Donald Trump said the administration was in the “final stages” of negotiations with Iran, according to a pool report, helping lift investor spirits after three consecutive days of S&P 500 declines.

Forward Look

All eyes remain on Washington and Tehran as traders monitor developments in the Iran negotiations. “If inflation kicks up because oil prices stay at $100 or more, which could happen, there could be short-term concerns around that, and you’ll hear a lot of headline risk,” Conzo said.

Earnings season continues with investors digesting reports across sectors. The market’s ability to hold record highs will depend on whether diplomatic progress can sustain the recent optimism.

Market Watch

Market Watch — May 21, 2026

· · 2 min read

By Market Watch Writer • May 21, 2026 • 3 min read

S&P 500
7,445.72
+0.17%
Nasdaq
26,293.10
+0.09%
Dow Jones
50,285.66
+0.55% Record
Russell 2000
2,189.45
+0.42%
10Y Treasury
4.564%
-0.01 bps
VIX
17.12
-2.3%
WTI Crude
$96.24
-2.06%
Brent Crude
$102.57
-2.33%

U.S. Equities

The Dow Jones Industrial Average surged to a record close Thursday, gaining 276.31 points or 0.55% to finish at 50,285.66. The milestone came as oil prices retreated from recent highs and investors grew optimistic about potential progress in U.S.-Iran negotiations.

The S&P 500 added 0.17% to close at 7,445.72, while the Nasdaq Composite edged up 0.09% to 26,293.10. The modest gains for the broader indexes reflected cautious optimism even as geopolitical tensions in the Middle East continued to dominate headlines.

Nvidia shares fell 1.8% despite the chipmaker breezing past Wall Street expectations for earnings and guidance. The company also announced a hike in its quarterly cash dividend to 25 cents, but investors have come to expect beat-and-raise quarters amid the AI boom.

Fixed Income

Treasury yields were volatile throughout the session before ultimately pulling back. The benchmark 10-year Treasury note yield slipped less than 1 basis point to 4.564%, while the 30-year bond yield fell more than 2 basis points to 5.09%.

The earlier spike in yields came as crude prices initially jumped on reports that Iran’s supreme leader issued a directive to keep enriched uranium within the country, complicating prospects for a resolution to the U.S.-Iran conflict.

Energy Markets

Oil prices retreated sharply Thursday as diplomatic headlines capped supply-risk premiums. West Texas Intermediate crude futures fell $2.02 or 2.06% to close at $96.24 per barrel, while international benchmark Brent crude dropped $2.45 or 2.33% to settle at $102.57.

The Brent-WTI spread held at approximately $6.33. While the pullback offered some relief at the pump, analysts cautioned that tight inventories and Strait of Hormuz shipping constraints remain supportive of prices.

Currencies & Commodities

The Cboe Volatility Index, or VIX, settled around 17.12, down 2.3% on the session. The Wealth Alliance CEO Robert Conzo noted that the current VIX level signals investors are “feeling pretty comfortable” given strong earnings, low unemployment, and the proliferation of artificial intelligence.

President Donald Trump said the administration was in the “final stages” of negotiations with Iran, according to a pool report, helping lift investor spirits after three consecutive days of S&P 500 declines.

Forward Look

All eyes remain on Washington and Tehran as traders monitor developments in the Iran negotiations. “If inflation kicks up because oil prices stay at $100 or more, which could happen, there could be short-term concerns around that, and you’ll hear a lot of headline risk,” Conzo said.

Earnings season continues with investors digesting reports across sectors. The market’s ability to hold record highs will depend on whether diplomatic progress can sustain the recent optimism.

Market Watch

Market Watch — May 21, 2026

· · 2 min read

By Market Watch Writer • May 21, 2026 • 3 min read

S&P 500
7,445.72
+0.17%
Nasdaq
26,293.10
+0.09%
Dow Jones
50,285.66
+0.55% Record
Russell 2000
2,189.45
+0.42%
10Y Treasury
4.564%
-0.01 bps
VIX
17.12
-2.3%
WTI Crude
$96.24
-2.06%
Brent Crude
$102.57
-2.33%

U.S. Equities

The Dow Jones Industrial Average surged to a record close Thursday, gaining 276.31 points or 0.55% to finish at 50,285.66. The milestone came as oil prices retreated from recent highs and investors grew optimistic about potential progress in U.S.-Iran negotiations.

The S&P 500 added 0.17% to close at 7,445.72, while the Nasdaq Composite edged up 0.09% to 26,293.10. The modest gains for the broader indexes reflected cautious optimism even as geopolitical tensions in the Middle East continued to dominate headlines.

Nvidia shares fell 1.8% despite the chipmaker breezing past Wall Street expectations for earnings and guidance. The company also announced a hike in its quarterly cash dividend to 25 cents, but investors have come to expect beat-and-raise quarters amid the AI boom.

Fixed Income

Treasury yields were volatile throughout the session before ultimately pulling back. The benchmark 10-year Treasury note yield slipped less than 1 basis point to 4.564%, while the 30-year bond yield fell more than 2 basis points to 5.09%.

The earlier spike in yields came as crude prices initially jumped on reports that Iran’s supreme leader issued a directive to keep enriched uranium within the country, complicating prospects for a resolution to the U.S.-Iran conflict.

Energy Markets

Oil prices retreated sharply Thursday as diplomatic headlines capped supply-risk premiums. West Texas Intermediate crude futures fell $2.02 or 2.06% to close at $96.24 per barrel, while international benchmark Brent crude dropped $2.45 or 2.33% to settle at $102.57.

The Brent-WTI spread held at approximately $6.33. While the pullback offered some relief at the pump, analysts cautioned that tight inventories and Strait of Hormuz shipping constraints remain supportive of prices.

Currencies & Commodities

The Cboe Volatility Index, or VIX, settled around 17.12, down 2.3% on the session. The Wealth Alliance CEO Robert Conzo noted that the current VIX level signals investors are “feeling pretty comfortable” given strong earnings, low unemployment, and the proliferation of artificial intelligence.

President Donald Trump said the administration was in the “final stages” of negotiations with Iran, according to a pool report, helping lift investor spirits after three consecutive days of S&P 500 declines.

Forward Look

All eyes remain on Washington and Tehran as traders monitor developments in the Iran negotiations. “If inflation kicks up because oil prices stay at $100 or more, which could happen, there could be short-term concerns around that, and you’ll hear a lot of headline risk,” Conzo said.

Earnings season continues with investors digesting reports across sectors. The market’s ability to hold record highs will depend on whether diplomatic progress can sustain the recent optimism.

Market Watch

Market Watch — May 21, 2026

· · 2 min read

By Market Watch Writer • May 21, 2026 • 3 min read

S&P 500
7,445.72
+0.17%
Nasdaq
26,293.10
+0.09%
Dow Jones
50,285.66
+0.55% Record
Russell 2000
2,189.45
+0.42%
10Y Treasury
4.564%
-0.01 bps
VIX
17.12
-2.3%
WTI Crude
$96.24
-2.06%
Brent Crude
$102.57
-2.33%

U.S. Equities

The Dow Jones Industrial Average surged to a record close Thursday, gaining 276.31 points or 0.55% to finish at 50,285.66. The milestone came as oil prices retreated from recent highs and investors grew optimistic about potential progress in U.S.-Iran negotiations.

The S&P 500 added 0.17% to close at 7,445.72, while the Nasdaq Composite edged up 0.09% to 26,293.10. The modest gains for the broader indexes reflected cautious optimism even as geopolitical tensions in the Middle East continued to dominate headlines.

Nvidia shares fell 1.8% despite the chipmaker breezing past Wall Street expectations for earnings and guidance. The company also announced a hike in its quarterly cash dividend to 25 cents, but investors have come to expect beat-and-raise quarters amid the AI boom.

Fixed Income

Treasury yields were volatile throughout the session before ultimately pulling back. The benchmark 10-year Treasury note yield slipped less than 1 basis point to 4.564%, while the 30-year bond yield fell more than 2 basis points to 5.09%.

The earlier spike in yields came as crude prices initially jumped on reports that Iran’s supreme leader issued a directive to keep enriched uranium within the country, complicating prospects for a resolution to the U.S.-Iran conflict.

Energy Markets

Oil prices retreated sharply Thursday as diplomatic headlines capped supply-risk premiums. West Texas Intermediate crude futures fell $2.02 or 2.06% to close at $96.24 per barrel, while international benchmark Brent crude dropped $2.45 or 2.33% to settle at $102.57.

The Brent-WTI spread held at approximately $6.33. While the pullback offered some relief at the pump, analysts cautioned that tight inventories and Strait of Hormuz shipping constraints remain supportive of prices.

Currencies & Commodities

The Cboe Volatility Index, or VIX, settled around 17.12, down 2.3% on the session. The Wealth Alliance CEO Robert Conzo noted that the current VIX level signals investors are “feeling pretty comfortable” given strong earnings, low unemployment, and the proliferation of artificial intelligence.

President Donald Trump said the administration was in the “final stages” of negotiations with Iran, according to a pool report, helping lift investor spirits after three consecutive days of S&P 500 declines.

Forward Look

All eyes remain on Washington and Tehran as traders monitor developments in the Iran negotiations. “If inflation kicks up because oil prices stay at $100 or more, which could happen, there could be short-term concerns around that, and you’ll hear a lot of headline risk,” Conzo said.

Earnings season continues with investors digesting reports across sectors. The market’s ability to hold record highs will depend on whether diplomatic progress can sustain the recent optimism.

Market Watch

Market Watch — May 21, 2026

· · 2 min read

By Market Watch Writer • May 21, 2026 • 3 min read

S&P 500
7,445.72
+0.17%
Nasdaq
26,293.10
+0.09%
Dow Jones
50,285.66
+0.55% Record
Russell 2000
2,189.45
+0.42%
10Y Treasury
4.564%
-0.01 bps
VIX
17.12
-2.3%
WTI Crude
$96.24
-2.06%
Brent Crude
$102.57
-2.33%

U.S. Equities

The Dow Jones Industrial Average surged to a record close Thursday, gaining 276.31 points or 0.55% to finish at 50,285.66. The milestone came as oil prices retreated from recent highs and investors grew optimistic about potential progress in U.S.-Iran negotiations.

The S&P 500 added 0.17% to close at 7,445.72, while the Nasdaq Composite edged up 0.09% to 26,293.10. The modest gains for the broader indexes reflected cautious optimism even as geopolitical tensions in the Middle East continued to dominate headlines.

Nvidia shares fell 1.8% despite the chipmaker breezing past Wall Street expectations for earnings and guidance. The company also announced a hike in its quarterly cash dividend to 25 cents, but investors have come to expect beat-and-raise quarters amid the AI boom.

Fixed Income

Treasury yields were volatile throughout the session before ultimately pulling back. The benchmark 10-year Treasury note yield slipped less than 1 basis point to 4.564%, while the 30-year bond yield fell more than 2 basis points to 5.09%.

The earlier spike in yields came as crude prices initially jumped on reports that Iran’s supreme leader issued a directive to keep enriched uranium within the country, complicating prospects for a resolution to the U.S.-Iran conflict.

Energy Markets

Oil prices retreated sharply Thursday as diplomatic headlines capped supply-risk premiums. West Texas Intermediate crude futures fell $2.02 or 2.06% to close at $96.24 per barrel, while international benchmark Brent crude dropped $2.45 or 2.33% to settle at $102.57.

The Brent-WTI spread held at approximately $6.33. While the pullback offered some relief at the pump, analysts cautioned that tight inventories and Strait of Hormuz shipping constraints remain supportive of prices.

Currencies & Commodities

The Cboe Volatility Index, or VIX, settled around 17.12, down 2.3% on the session. The Wealth Alliance CEO Robert Conzo noted that the current VIX level signals investors are “feeling pretty comfortable” given strong earnings, low unemployment, and the proliferation of artificial intelligence.

President Donald Trump said the administration was in the “final stages” of negotiations with Iran, according to a pool report, helping lift investor spirits after three consecutive days of S&P 500 declines.

Forward Look

All eyes remain on Washington and Tehran as traders monitor developments in the Iran negotiations. “If inflation kicks up because oil prices stay at $100 or more, which could happen, there could be short-term concerns around that, and you’ll hear a lot of headline risk,” Conzo said.

Earnings season continues with investors digesting reports across sectors. The market’s ability to hold record highs will depend on whether diplomatic progress can sustain the recent optimism.

Market Watch

Market Watch — May 21, 2026

· · 2 min read

By Market Watch Writer • May 21, 2026 • 3 min read

S&P 500
7,445.72
+0.17%
Nasdaq
26,293.10
+0.09%
Dow Jones
50,285.66
+0.55% Record
Russell 2000
2,189.45
+0.42%
10Y Treasury
4.564%
-0.01 bps
VIX
17.12
-2.3%
WTI Crude
$96.24
-2.06%
Brent Crude
$102.57
-2.33%

U.S. Equities

The Dow Jones Industrial Average surged to a record close Thursday, gaining 276.31 points or 0.55% to finish at 50,285.66. The milestone came as oil prices retreated from recent highs and investors grew optimistic about potential progress in U.S.-Iran negotiations.

The S&P 500 added 0.17% to close at 7,445.72, while the Nasdaq Composite edged up 0.09% to 26,293.10. The modest gains for the broader indexes reflected cautious optimism even as geopolitical tensions in the Middle East continued to dominate headlines.

Nvidia shares fell 1.8% despite the chipmaker breezing past Wall Street expectations for earnings and guidance. The company also announced a hike in its quarterly cash dividend to 25 cents, but investors have come to expect beat-and-raise quarters amid the AI boom.

Fixed Income

Treasury yields were volatile throughout the session before ultimately pulling back. The benchmark 10-year Treasury note yield slipped less than 1 basis point to 4.564%, while the 30-year bond yield fell more than 2 basis points to 5.09%.

The earlier spike in yields came as crude prices initially jumped on reports that Iran’s supreme leader issued a directive to keep enriched uranium within the country, complicating prospects for a resolution to the U.S.-Iran conflict.

Energy Markets

Oil prices retreated sharply Thursday as diplomatic headlines capped supply-risk premiums. West Texas Intermediate crude futures fell $2.02 or 2.06% to close at $96.24 per barrel, while international benchmark Brent crude dropped $2.45 or 2.33% to settle at $102.57.

The Brent-WTI spread held at approximately $6.33. While the pullback offered some relief at the pump, analysts cautioned that tight inventories and Strait of Hormuz shipping constraints remain supportive of prices.

Currencies & Commodities

The Cboe Volatility Index, or VIX, settled around 17.12, down 2.3% on the session. The Wealth Alliance CEO Robert Conzo noted that the current VIX level signals investors are “feeling pretty comfortable” given strong earnings, low unemployment, and the proliferation of artificial intelligence.

President Donald Trump said the administration was in the “final stages” of negotiations with Iran, according to a pool report, helping lift investor spirits after three consecutive days of S&P 500 declines.

Forward Look

All eyes remain on Washington and Tehran as traders monitor developments in the Iran negotiations. “If inflation kicks up because oil prices stay at $100 or more, which could happen, there could be short-term concerns around that, and you’ll hear a lot of headline risk,” Conzo said.

Earnings season continues with investors digesting reports across sectors. The market’s ability to hold record highs will depend on whether diplomatic progress can sustain the recent optimism.

Market Watch

Market Watch — May 21, 2026

· · 2 min read

By Market Watch Writer • May 21, 2026 • 3 min read

S&P 500
7,445.72
+0.17%
Nasdaq
26,293.10
+0.09%
Dow Jones
50,285.66
+0.55% Record
Russell 2000
2,189.45
+0.42%
10Y Treasury
4.564%
-0.01 bps
VIX
17.12
-2.3%
WTI Crude
$96.24
-2.06%
Brent Crude
$102.57
-2.33%

U.S. Equities

The Dow Jones Industrial Average surged to a record close Thursday, gaining 276.31 points or 0.55% to finish at 50,285.66. The milestone came as oil prices retreated from recent highs and investors grew optimistic about potential progress in U.S.-Iran negotiations.

The S&P 500 added 0.17% to close at 7,445.72, while the Nasdaq Composite edged up 0.09% to 26,293.10. The modest gains for the broader indexes reflected cautious optimism even as geopolitical tensions in the Middle East continued to dominate headlines.

Nvidia shares fell 1.8% despite the chipmaker breezing past Wall Street expectations for earnings and guidance. The company also announced a hike in its quarterly cash dividend to 25 cents, but investors have come to expect beat-and-raise quarters amid the AI boom.

Fixed Income

Treasury yields were volatile throughout the session before ultimately pulling back. The benchmark 10-year Treasury note yield slipped less than 1 basis point to 4.564%, while the 30-year bond yield fell more than 2 basis points to 5.09%.

The earlier spike in yields came as crude prices initially jumped on reports that Iran’s supreme leader issued a directive to keep enriched uranium within the country, complicating prospects for a resolution to the U.S.-Iran conflict.

Energy Markets

Oil prices retreated sharply Thursday as diplomatic headlines capped supply-risk premiums. West Texas Intermediate crude futures fell $2.02 or 2.06% to close at $96.24 per barrel, while international benchmark Brent crude dropped $2.45 or 2.33% to settle at $102.57.

The Brent-WTI spread held at approximately $6.33. While the pullback offered some relief at the pump, analysts cautioned that tight inventories and Strait of Hormuz shipping constraints remain supportive of prices.

Currencies & Commodities

The Cboe Volatility Index, or VIX, settled around 17.12, down 2.3% on the session. The Wealth Alliance CEO Robert Conzo noted that the current VIX level signals investors are “feeling pretty comfortable” given strong earnings, low unemployment, and the proliferation of artificial intelligence.

President Donald Trump said the administration was in the “final stages” of negotiations with Iran, according to a pool report, helping lift investor spirits after three consecutive days of S&P 500 declines.

Forward Look

All eyes remain on Washington and Tehran as traders monitor developments in the Iran negotiations. “If inflation kicks up because oil prices stay at $100 or more, which could happen, there could be short-term concerns around that, and you’ll hear a lot of headline risk,” Conzo said.

Earnings season continues with investors digesting reports across sectors. The market’s ability to hold record highs will depend on whether diplomatic progress can sustain the recent optimism.

Market Watch

Market Watch — May 21, 2026

· · 2 min read

By Market Watch Writer • May 21, 2026 • 3 min read

S&P 500
7,445.72
+0.17%
Nasdaq
26,293.10
+0.09%
Dow Jones
50,285.66
+0.55% Record
Russell 2000
2,189.45
+0.42%
10Y Treasury
4.564%
-0.01 bps
VIX
17.12
-2.3%
WTI Crude
$96.24
-2.06%
Brent Crude
$102.57
-2.33%

U.S. Equities

The Dow Jones Industrial Average surged to a record close Thursday, gaining 276.31 points or 0.55% to finish at 50,285.66. The milestone came as oil prices retreated from recent highs and investors grew optimistic about potential progress in U.S.-Iran negotiations.

The S&P 500 added 0.17% to close at 7,445.72, while the Nasdaq Composite edged up 0.09% to 26,293.10. The modest gains for the broader indexes reflected cautious optimism even as geopolitical tensions in the Middle East continued to dominate headlines.

Nvidia shares fell 1.8% despite the chipmaker breezing past Wall Street expectations for earnings and guidance. The company also announced a hike in its quarterly cash dividend to 25 cents, but investors have come to expect beat-and-raise quarters amid the AI boom.

Fixed Income

Treasury yields were volatile throughout the session before ultimately pulling back. The benchmark 10-year Treasury note yield slipped less than 1 basis point to 4.564%, while the 30-year bond yield fell more than 2 basis points to 5.09%.

The earlier spike in yields came as crude prices initially jumped on reports that Iran’s supreme leader issued a directive to keep enriched uranium within the country, complicating prospects for a resolution to the U.S.-Iran conflict.

Energy Markets

Oil prices retreated sharply Thursday as diplomatic headlines capped supply-risk premiums. West Texas Intermediate crude futures fell $2.02 or 2.06% to close at $96.24 per barrel, while international benchmark Brent crude dropped $2.45 or 2.33% to settle at $102.57.

The Brent-WTI spread held at approximately $6.33. While the pullback offered some relief at the pump, analysts cautioned that tight inventories and Strait of Hormuz shipping constraints remain supportive of prices.

Currencies & Commodities

The Cboe Volatility Index, or VIX, settled around 17.12, down 2.3% on the session. The Wealth Alliance CEO Robert Conzo noted that the current VIX level signals investors are “feeling pretty comfortable” given strong earnings, low unemployment, and the proliferation of artificial intelligence.

President Donald Trump said the administration was in the “final stages” of negotiations with Iran, according to a pool report, helping lift investor spirits after three consecutive days of S&P 500 declines.

Forward Look

All eyes remain on Washington and Tehran as traders monitor developments in the Iran negotiations. “If inflation kicks up because oil prices stay at $100 or more, which could happen, there could be short-term concerns around that, and you’ll hear a lot of headline risk,” Conzo said.

Earnings season continues with investors digesting reports across sectors. The market’s ability to hold record highs will depend on whether diplomatic progress can sustain the recent optimism.

Market Watch

Market Watch — May 21, 2026

· · 2 min read

By Market Watch Writer • May 21, 2026 • 3 min read

S&P 500
7,445.72
+0.17%
Nasdaq
26,293.10
+0.09%
Dow Jones
50,285.66
+0.55% Record
Russell 2000
2,189.45
+0.42%
10Y Treasury
4.564%
-0.01 bps
VIX
17.12
-2.3%
WTI Crude
$96.24
-2.06%
Brent Crude
$102.57
-2.33%

U.S. Equities

The Dow Jones Industrial Average surged to a record close Thursday, gaining 276.31 points or 0.55% to finish at 50,285.66. The milestone came as oil prices retreated from recent highs and investors grew optimistic about potential progress in U.S.-Iran negotiations.

The S&P 500 added 0.17% to close at 7,445.72, while the Nasdaq Composite edged up 0.09% to 26,293.10. The modest gains for the broader indexes reflected cautious optimism even as geopolitical tensions in the Middle East continued to dominate headlines.

Nvidia shares fell 1.8% despite the chipmaker breezing past Wall Street expectations for earnings and guidance. The company also announced a hike in its quarterly cash dividend to 25 cents, but investors have come to expect beat-and-raise quarters amid the AI boom.

Fixed Income

Treasury yields were volatile throughout the session before ultimately pulling back. The benchmark 10-year Treasury note yield slipped less than 1 basis point to 4.564%, while the 30-year bond yield fell more than 2 basis points to 5.09%.

The earlier spike in yields came as crude prices initially jumped on reports that Iran’s supreme leader issued a directive to keep enriched uranium within the country, complicating prospects for a resolution to the U.S.-Iran conflict.

Energy Markets

Oil prices retreated sharply Thursday as diplomatic headlines capped supply-risk premiums. West Texas Intermediate crude futures fell $2.02 or 2.06% to close at $96.24 per barrel, while international benchmark Brent crude dropped $2.45 or 2.33% to settle at $102.57.

The Brent-WTI spread held at approximately $6.33. While the pullback offered some relief at the pump, analysts cautioned that tight inventories and Strait of Hormuz shipping constraints remain supportive of prices.

Currencies & Commodities

The Cboe Volatility Index, or VIX, settled around 17.12, down 2.3% on the session. The Wealth Alliance CEO Robert Conzo noted that the current VIX level signals investors are “feeling pretty comfortable” given strong earnings, low unemployment, and the proliferation of artificial intelligence.

President Donald Trump said the administration was in the “final stages” of negotiations with Iran, according to a pool report, helping lift investor spirits after three consecutive days of S&P 500 declines.

Forward Look

All eyes remain on Washington and Tehran as traders monitor developments in the Iran negotiations. “If inflation kicks up because oil prices stay at $100 or more, which could happen, there could be short-term concerns around that, and you’ll hear a lot of headline risk,” Conzo said.

Earnings season continues with investors digesting reports across sectors. The market’s ability to hold record highs will depend on whether diplomatic progress can sustain the recent optimism.

Market Watch

Market Watch — May 21, 2026

· · 2 min read

By Market Watch Writer • May 21, 2026 • 3 min read

S&P 500
7,445.72
+0.17%
Nasdaq
26,293.10
+0.09%
Dow Jones
50,285.66
+0.55% Record
Russell 2000
2,189.45
+0.42%
10Y Treasury
4.564%
-0.01 bps
VIX
17.12
-2.3%
WTI Crude
$96.24
-2.06%
Brent Crude
$102.57
-2.33%

U.S. Equities

The Dow Jones Industrial Average surged to a record close Thursday, gaining 276.31 points or 0.55% to finish at 50,285.66. The milestone came as oil prices retreated from recent highs and investors grew optimistic about potential progress in U.S.-Iran negotiations.

The S&P 500 added 0.17% to close at 7,445.72, while the Nasdaq Composite edged up 0.09% to 26,293.10. The modest gains for the broader indexes reflected cautious optimism even as geopolitical tensions in the Middle East continued to dominate headlines.

Nvidia shares fell 1.8% despite the chipmaker breezing past Wall Street expectations for earnings and guidance. The company also announced a hike in its quarterly cash dividend to 25 cents, but investors have come to expect beat-and-raise quarters amid the AI boom.

Fixed Income

Treasury yields were volatile throughout the session before ultimately pulling back. The benchmark 10-year Treasury note yield slipped less than 1 basis point to 4.564%, while the 30-year bond yield fell more than 2 basis points to 5.09%.

The earlier spike in yields came as crude prices initially jumped on reports that Iran’s supreme leader issued a directive to keep enriched uranium within the country, complicating prospects for a resolution to the U.S.-Iran conflict.

Energy Markets

Oil prices retreated sharply Thursday as diplomatic headlines capped supply-risk premiums. West Texas Intermediate crude futures fell $2.02 or 2.06% to close at $96.24 per barrel, while international benchmark Brent crude dropped $2.45 or 2.33% to settle at $102.57.

The Brent-WTI spread held at approximately $6.33. While the pullback offered some relief at the pump, analysts cautioned that tight inventories and Strait of Hormuz shipping constraints remain supportive of prices.

Currencies & Commodities

The Cboe Volatility Index, or VIX, settled around 17.12, down 2.3% on the session. The Wealth Alliance CEO Robert Conzo noted that the current VIX level signals investors are “feeling pretty comfortable” given strong earnings, low unemployment, and the proliferation of artificial intelligence.

President Donald Trump said the administration was in the “final stages” of negotiations with Iran, according to a pool report, helping lift investor spirits after three consecutive days of S&P 500 declines.

Forward Look

All eyes remain on Washington and Tehran as traders monitor developments in the Iran negotiations. “If inflation kicks up because oil prices stay at $100 or more, which could happen, there could be short-term concerns around that, and you’ll hear a lot of headline risk,” Conzo said.

Earnings season continues with investors digesting reports across sectors. The market’s ability to hold record highs will depend on whether diplomatic progress can sustain the recent optimism.

Market Watch

Market Watch — May 21, 2026

· · 2 min read

By Market Watch Writer • May 21, 2026 • 3 min read

S&P 500
7,445.72
+0.17%
Nasdaq
26,293.10
+0.09%
Dow Jones
50,285.66
+0.55% Record
Russell 2000
2,189.45
+0.42%
10Y Treasury
4.564%
-0.01 bps
VIX
17.12
-2.3%
WTI Crude
$96.24
-2.06%
Brent Crude
$102.57
-2.33%

U.S. Equities

The Dow Jones Industrial Average surged to a record close Thursday, gaining 276.31 points or 0.55% to finish at 50,285.66. The milestone came as oil prices retreated from recent highs and investors grew optimistic about potential progress in U.S.-Iran negotiations.

The S&P 500 added 0.17% to close at 7,445.72, while the Nasdaq Composite edged up 0.09% to 26,293.10. The modest gains for the broader indexes reflected cautious optimism even as geopolitical tensions in the Middle East continued to dominate headlines.

Nvidia shares fell 1.8% despite the chipmaker breezing past Wall Street expectations for earnings and guidance. The company also announced a hike in its quarterly cash dividend to 25 cents, but investors have come to expect beat-and-raise quarters amid the AI boom.

Fixed Income

Treasury yields were volatile throughout the session before ultimately pulling back. The benchmark 10-year Treasury note yield slipped less than 1 basis point to 4.564%, while the 30-year bond yield fell more than 2 basis points to 5.09%.

The earlier spike in yields came as crude prices initially jumped on reports that Iran’s supreme leader issued a directive to keep enriched uranium within the country, complicating prospects for a resolution to the U.S.-Iran conflict.

Energy Markets

Oil prices retreated sharply Thursday as diplomatic headlines capped supply-risk premiums. West Texas Intermediate crude futures fell $2.02 or 2.06% to close at $96.24 per barrel, while international benchmark Brent crude dropped $2.45 or 2.33% to settle at $102.57.

The Brent-WTI spread held at approximately $6.33. While the pullback offered some relief at the pump, analysts cautioned that tight inventories and Strait of Hormuz shipping constraints remain supportive of prices.

Currencies & Commodities

The Cboe Volatility Index, or VIX, settled around 17.12, down 2.3% on the session. The Wealth Alliance CEO Robert Conzo noted that the current VIX level signals investors are “feeling pretty comfortable” given strong earnings, low unemployment, and the proliferation of artificial intelligence.

President Donald Trump said the administration was in the “final stages” of negotiations with Iran, according to a pool report, helping lift investor spirits after three consecutive days of S&P 500 declines.

Forward Look

All eyes remain on Washington and Tehran as traders monitor developments in the Iran negotiations. “If inflation kicks up because oil prices stay at $100 or more, which could happen, there could be short-term concerns around that, and you’ll hear a lot of headline risk,” Conzo said.

Earnings season continues with investors digesting reports across sectors. The market’s ability to hold record highs will depend on whether diplomatic progress can sustain the recent optimism.

Market Watch

Market Watch — May 21, 2026

· · 2 min read

By Market Watch Writer • May 21, 2026 • 3 min read

S&P 500
7,445.72
+0.17%
Nasdaq
26,293.10
+0.09%
Dow Jones
50,285.66
+0.55% Record
Russell 2000
2,189.45
+0.42%
10Y Treasury
4.564%
-0.01 bps
VIX
17.12
-2.3%
WTI Crude
$96.24
-2.06%
Brent Crude
$102.57
-2.33%

U.S. Equities

The Dow Jones Industrial Average surged to a record close Thursday, gaining 276.31 points or 0.55% to finish at 50,285.66. The milestone came as oil prices retreated from recent highs and investors grew optimistic about potential progress in U.S.-Iran negotiations.

The S&P 500 added 0.17% to close at 7,445.72, while the Nasdaq Composite edged up 0.09% to 26,293.10. The modest gains for the broader indexes reflected cautious optimism even as geopolitical tensions in the Middle East continued to dominate headlines.

Nvidia shares fell 1.8% despite the chipmaker breezing past Wall Street expectations for earnings and guidance. The company also announced a hike in its quarterly cash dividend to 25 cents, but investors have come to expect beat-and-raise quarters amid the AI boom.

Fixed Income

Treasury yields were volatile throughout the session before ultimately pulling back. The benchmark 10-year Treasury note yield slipped less than 1 basis point to 4.564%, while the 30-year bond yield fell more than 2 basis points to 5.09%.

The earlier spike in yields came as crude prices initially jumped on reports that Iran’s supreme leader issued a directive to keep enriched uranium within the country, complicating prospects for a resolution to the U.S.-Iran conflict.

Energy Markets

Oil prices retreated sharply Thursday as diplomatic headlines capped supply-risk premiums. West Texas Intermediate crude futures fell $2.02 or 2.06% to close at $96.24 per barrel, while international benchmark Brent crude dropped $2.45 or 2.33% to settle at $102.57.

The Brent-WTI spread held at approximately $6.33. While the pullback offered some relief at the pump, analysts cautioned that tight inventories and Strait of Hormuz shipping constraints remain supportive of prices.

Currencies & Commodities

The Cboe Volatility Index, or VIX, settled around 17.12, down 2.3% on the session. The Wealth Alliance CEO Robert Conzo noted that the current VIX level signals investors are “feeling pretty comfortable” given strong earnings, low unemployment, and the proliferation of artificial intelligence.

President Donald Trump said the administration was in the “final stages” of negotiations with Iran, according to a pool report, helping lift investor spirits after three consecutive days of S&P 500 declines.

Forward Look

All eyes remain on Washington and Tehran as traders monitor developments in the Iran negotiations. “If inflation kicks up because oil prices stay at $100 or more, which could happen, there could be short-term concerns around that, and you’ll hear a lot of headline risk,” Conzo said.

Earnings season continues with investors digesting reports across sectors. The market’s ability to hold record highs will depend on whether diplomatic progress can sustain the recent optimism.

Market Watch

Market Watch — May 21, 2026

· · 2 min read

By Market Watch Writer • May 21, 2026 • 3 min read

S&P 500
7,445.72
+0.17%
Nasdaq
26,293.10
+0.09%
Dow Jones
50,285.66
+0.55% Record
Russell 2000
2,189.45
+0.42%
10Y Treasury
4.564%
-0.01 bps
VIX
17.12
-2.3%
WTI Crude
$96.24
-2.06%
Brent Crude
$102.57
-2.33%

U.S. Equities

The Dow Jones Industrial Average surged to a record close Thursday, gaining 276.31 points or 0.55% to finish at 50,285.66. The milestone came as oil prices retreated from recent highs and investors grew optimistic about potential progress in U.S.-Iran negotiations.

The S&P 500 added 0.17% to close at 7,445.72, while the Nasdaq Composite edged up 0.09% to 26,293.10. The modest gains for the broader indexes reflected cautious optimism even as geopolitical tensions in the Middle East continued to dominate headlines.

Nvidia shares fell 1.8% despite the chipmaker breezing past Wall Street expectations for earnings and guidance. The company also announced a hike in its quarterly cash dividend to 25 cents, but investors have come to expect beat-and-raise quarters amid the AI boom.

Fixed Income

Treasury yields were volatile throughout the session before ultimately pulling back. The benchmark 10-year Treasury note yield slipped less than 1 basis point to 4.564%, while the 30-year bond yield fell more than 2 basis points to 5.09%.

The earlier spike in yields came as crude prices initially jumped on reports that Iran’s supreme leader issued a directive to keep enriched uranium within the country, complicating prospects for a resolution to the U.S.-Iran conflict.

Energy Markets

Oil prices retreated sharply Thursday as diplomatic headlines capped supply-risk premiums. West Texas Intermediate crude futures fell $2.02 or 2.06% to close at $96.24 per barrel, while international benchmark Brent crude dropped $2.45 or 2.33% to settle at $102.57.

The Brent-WTI spread held at approximately $6.33. While the pullback offered some relief at the pump, analysts cautioned that tight inventories and Strait of Hormuz shipping constraints remain supportive of prices.

Currencies & Commodities

The Cboe Volatility Index, or VIX, settled around 17.12, down 2.3% on the session. The Wealth Alliance CEO Robert Conzo noted that the current VIX level signals investors are “feeling pretty comfortable” given strong earnings, low unemployment, and the proliferation of artificial intelligence.

President Donald Trump said the administration was in the “final stages” of negotiations with Iran, according to a pool report, helping lift investor spirits after three consecutive days of S&P 500 declines.

Forward Look

All eyes remain on Washington and Tehran as traders monitor developments in the Iran negotiations. “If inflation kicks up because oil prices stay at $100 or more, which could happen, there could be short-term concerns around that, and you’ll hear a lot of headline risk,” Conzo said.

Earnings season continues with investors digesting reports across sectors. The market’s ability to hold record highs will depend on whether diplomatic progress can sustain the recent optimism.

Market Watch

Market Watch — May 21, 2026

· · 2 min read

By Market Watch Writer • May 21, 2026 • 3 min read

S&P 500
7,445.72
+0.17%
Nasdaq
26,293.10
+0.09%
Dow Jones
50,285.66
+0.55% Record
Russell 2000
2,189.45
+0.42%
10Y Treasury
4.564%
-0.01 bps
VIX
17.12
-2.3%
WTI Crude
$96.24
-2.06%
Brent Crude
$102.57
-2.33%

U.S. Equities

The Dow Jones Industrial Average surged to a record close Thursday, gaining 276.31 points or 0.55% to finish at 50,285.66. The milestone came as oil prices retreated from recent highs and investors grew optimistic about potential progress in U.S.-Iran negotiations.

The S&P 500 added 0.17% to close at 7,445.72, while the Nasdaq Composite edged up 0.09% to 26,293.10. The modest gains for the broader indexes reflected cautious optimism even as geopolitical tensions in the Middle East continued to dominate headlines.

Nvidia shares fell 1.8% despite the chipmaker breezing past Wall Street expectations for earnings and guidance. The company also announced a hike in its quarterly cash dividend to 25 cents, but investors have come to expect beat-and-raise quarters amid the AI boom.

Fixed Income

Treasury yields were volatile throughout the session before ultimately pulling back. The benchmark 10-year Treasury note yield slipped less than 1 basis point to 4.564%, while the 30-year bond yield fell more than 2 basis points to 5.09%.

The earlier spike in yields came as crude prices initially jumped on reports that Iran’s supreme leader issued a directive to keep enriched uranium within the country, complicating prospects for a resolution to the U.S.-Iran conflict.

Energy Markets

Oil prices retreated sharply Thursday as diplomatic headlines capped supply-risk premiums. West Texas Intermediate crude futures fell $2.02 or 2.06% to close at $96.24 per barrel, while international benchmark Brent crude dropped $2.45 or 2.33% to settle at $102.57.

The Brent-WTI spread held at approximately $6.33. While the pullback offered some relief at the pump, analysts cautioned that tight inventories and Strait of Hormuz shipping constraints remain supportive of prices.

Currencies & Commodities

The Cboe Volatility Index, or VIX, settled around 17.12, down 2.3% on the session. The Wealth Alliance CEO Robert Conzo noted that the current VIX level signals investors are “feeling pretty comfortable” given strong earnings, low unemployment, and the proliferation of artificial intelligence.

President Donald Trump said the administration was in the “final stages” of negotiations with Iran, according to a pool report, helping lift investor spirits after three consecutive days of S&P 500 declines.

Forward Look

All eyes remain on Washington and Tehran as traders monitor developments in the Iran negotiations. “If inflation kicks up because oil prices stay at $100 or more, which could happen, there could be short-term concerns around that, and you’ll hear a lot of headline risk,” Conzo said.

Earnings season continues with investors digesting reports across sectors. The market’s ability to hold record highs will depend on whether diplomatic progress can sustain the recent optimism.

Market Watch

Market Watch — May 21, 2026

· · 2 min read

By Market Watch Writer • May 21, 2026 • 3 min read

S&P 500
7,445.72
+0.17%
Nasdaq
26,293.10
+0.09%
Dow Jones
50,285.66
+0.55% Record
Russell 2000
2,189.45
+0.42%
10Y Treasury
4.564%
-0.01 bps
VIX
17.12
-2.3%
WTI Crude
$96.24
-2.06%
Brent Crude
$102.57
-2.33%

U.S. Equities

The Dow Jones Industrial Average surged to a record close Thursday, gaining 276.31 points or 0.55% to finish at 50,285.66. The milestone came as oil prices retreated from recent highs and investors grew optimistic about potential progress in U.S.-Iran negotiations.

The S&P 500 added 0.17% to close at 7,445.72, while the Nasdaq Composite edged up 0.09% to 26,293.10. The modest gains for the broader indexes reflected cautious optimism even as geopolitical tensions in the Middle East continued to dominate headlines.

Nvidia shares fell 1.8% despite the chipmaker breezing past Wall Street expectations for earnings and guidance. The company also announced a hike in its quarterly cash dividend to 25 cents, but investors have come to expect beat-and-raise quarters amid the AI boom.

Fixed Income

Treasury yields were volatile throughout the session before ultimately pulling back. The benchmark 10-year Treasury note yield slipped less than 1 basis point to 4.564%, while the 30-year bond yield fell more than 2 basis points to 5.09%.

The earlier spike in yields came as crude prices initially jumped on reports that Iran’s supreme leader issued a directive to keep enriched uranium within the country, complicating prospects for a resolution to the U.S.-Iran conflict.

Energy Markets

Oil prices retreated sharply Thursday as diplomatic headlines capped supply-risk premiums. West Texas Intermediate crude futures fell $2.02 or 2.06% to close at $96.24 per barrel, while international benchmark Brent crude dropped $2.45 or 2.33% to settle at $102.57.

The Brent-WTI spread held at approximately $6.33. While the pullback offered some relief at the pump, analysts cautioned that tight inventories and Strait of Hormuz shipping constraints remain supportive of prices.

Currencies & Commodities

The Cboe Volatility Index, or VIX, settled around 17.12, down 2.3% on the session. The Wealth Alliance CEO Robert Conzo noted that the current VIX level signals investors are “feeling pretty comfortable” given strong earnings, low unemployment, and the proliferation of artificial intelligence.

President Donald Trump said the administration was in the “final stages” of negotiations with Iran, according to a pool report, helping lift investor spirits after three consecutive days of S&P 500 declines.

Forward Look

All eyes remain on Washington and Tehran as traders monitor developments in the Iran negotiations. “If inflation kicks up because oil prices stay at $100 or more, which could happen, there could be short-term concerns around that, and you’ll hear a lot of headline risk,” Conzo said.

Earnings season continues with investors digesting reports across sectors. The market’s ability to hold record highs will depend on whether diplomatic progress can sustain the recent optimism.

Market Watch

Market Watch — May 21, 2026

· · 2 min read

By Market Watch Writer • May 21, 2026 • 3 min read

S&P 500
7,445.72
+0.17%
Nasdaq
26,293.10
+0.09%
Dow Jones
50,285.66
+0.55% Record
Russell 2000
2,189.45
+0.42%
10Y Treasury
4.564%
-0.01 bps
VIX
17.12
-2.3%
WTI Crude
$96.24
-2.06%
Brent Crude
$102.57
-2.33%

U.S. Equities

The Dow Jones Industrial Average surged to a record close Thursday, gaining 276.31 points or 0.55% to finish at 50,285.66. The milestone came as oil prices retreated from recent highs and investors grew optimistic about potential progress in U.S.-Iran negotiations.

The S&P 500 added 0.17% to close at 7,445.72, while the Nasdaq Composite edged up 0.09% to 26,293.10. The modest gains for the broader indexes reflected cautious optimism even as geopolitical tensions in the Middle East continued to dominate headlines.

Nvidia shares fell 1.8% despite the chipmaker breezing past Wall Street expectations for earnings and guidance. The company also announced a hike in its quarterly cash dividend to 25 cents, but investors have come to expect beat-and-raise quarters amid the AI boom.

Fixed Income

Treasury yields were volatile throughout the session before ultimately pulling back. The benchmark 10-year Treasury note yield slipped less than 1 basis point to 4.564%, while the 30-year bond yield fell more than 2 basis points to 5.09%.

The earlier spike in yields came as crude prices initially jumped on reports that Iran’s supreme leader issued a directive to keep enriched uranium within the country, complicating prospects for a resolution to the U.S.-Iran conflict.

Energy Markets

Oil prices retreated sharply Thursday as diplomatic headlines capped supply-risk premiums. West Texas Intermediate crude futures fell $2.02 or 2.06% to close at $96.24 per barrel, while international benchmark Brent crude dropped $2.45 or 2.33% to settle at $102.57.

The Brent-WTI spread held at approximately $6.33. While the pullback offered some relief at the pump, analysts cautioned that tight inventories and Strait of Hormuz shipping constraints remain supportive of prices.

Currencies & Commodities

The Cboe Volatility Index, or VIX, settled around 17.12, down 2.3% on the session. The Wealth Alliance CEO Robert Conzo noted that the current VIX level signals investors are “feeling pretty comfortable” given strong earnings, low unemployment, and the proliferation of artificial intelligence.

President Donald Trump said the administration was in the “final stages” of negotiations with Iran, according to a pool report, helping lift investor spirits after three consecutive days of S&P 500 declines.

Forward Look

All eyes remain on Washington and Tehran as traders monitor developments in the Iran negotiations. “If inflation kicks up because oil prices stay at $100 or more, which could happen, there could be short-term concerns around that, and you’ll hear a lot of headline risk,” Conzo said.

Earnings season continues with investors digesting reports across sectors. The market’s ability to hold record highs will depend on whether diplomatic progress can sustain the recent optimism.

Market Watch

Market Watch — May 21, 2026

· · 2 min read

By Market Watch Writer • May 21, 2026 • 3 min read

S&P 500
7,445.72
+0.17%
Nasdaq
26,293.10
+0.09%
Dow Jones
50,285.66
+0.55% Record
Russell 2000
2,189.45
+0.42%
10Y Treasury
4.564%
-0.01 bps
VIX
17.12
-2.3%
WTI Crude
$96.24
-2.06%
Brent Crude
$102.57
-2.33%

U.S. Equities

The Dow Jones Industrial Average surged to a record close Thursday, gaining 276.31 points or 0.55% to finish at 50,285.66. The milestone came as oil prices retreated from recent highs and investors grew optimistic about potential progress in U.S.-Iran negotiations.

The S&P 500 added 0.17% to close at 7,445.72, while the Nasdaq Composite edged up 0.09% to 26,293.10. The modest gains for the broader indexes reflected cautious optimism even as geopolitical tensions in the Middle East continued to dominate headlines.

Nvidia shares fell 1.8% despite the chipmaker breezing past Wall Street expectations for earnings and guidance. The company also announced a hike in its quarterly cash dividend to 25 cents, but investors have come to expect beat-and-raise quarters amid the AI boom.

Fixed Income

Treasury yields were volatile throughout the session before ultimately pulling back. The benchmark 10-year Treasury note yield slipped less than 1 basis point to 4.564%, while the 30-year bond yield fell more than 2 basis points to 5.09%.

The earlier spike in yields came as crude prices initially jumped on reports that Iran’s supreme leader issued a directive to keep enriched uranium within the country, complicating prospects for a resolution to the U.S.-Iran conflict.

Energy Markets

Oil prices retreated sharply Thursday as diplomatic headlines capped supply-risk premiums. West Texas Intermediate crude futures fell $2.02 or 2.06% to close at $96.24 per barrel, while international benchmark Brent crude dropped $2.45 or 2.33% to settle at $102.57.

The Brent-WTI spread held at approximately $6.33. While the pullback offered some relief at the pump, analysts cautioned that tight inventories and Strait of Hormuz shipping constraints remain supportive of prices.

Currencies & Commodities

The Cboe Volatility Index, or VIX, settled around 17.12, down 2.3% on the session. The Wealth Alliance CEO Robert Conzo noted that the current VIX level signals investors are “feeling pretty comfortable” given strong earnings, low unemployment, and the proliferation of artificial intelligence.

President Donald Trump said the administration was in the “final stages” of negotiations with Iran, according to a pool report, helping lift investor spirits after three consecutive days of S&P 500 declines.

Forward Look

All eyes remain on Washington and Tehran as traders monitor developments in the Iran negotiations. “If inflation kicks up because oil prices stay at $100 or more, which could happen, there could be short-term concerns around that, and you’ll hear a lot of headline risk,” Conzo said.

Earnings season continues with investors digesting reports across sectors. The market’s ability to hold record highs will depend on whether diplomatic progress can sustain the recent optimism.

Market Watch

Market Watch — May 21, 2026

· · 2 min read

By Market Watch Writer • May 21, 2026 • 3 min read

S&P 500
7,445.72
+0.17%
Nasdaq
26,293.10
+0.09%
Dow Jones
50,285.66
+0.55% Record
Russell 2000
2,189.45
+0.42%
10Y Treasury
4.564%
-0.01 bps
VIX
17.12
-2.3%
WTI Crude
$96.24
-2.06%
Brent Crude
$102.57
-2.33%

U.S. Equities

The Dow Jones Industrial Average surged to a record close Thursday, gaining 276.31 points or 0.55% to finish at 50,285.66. The milestone came as oil prices retreated from recent highs and investors grew optimistic about potential progress in U.S.-Iran negotiations.

The S&P 500 added 0.17% to close at 7,445.72, while the Nasdaq Composite edged up 0.09% to 26,293.10. The modest gains for the broader indexes reflected cautious optimism even as geopolitical tensions in the Middle East continued to dominate headlines.

Nvidia shares fell 1.8% despite the chipmaker breezing past Wall Street expectations for earnings and guidance. The company also announced a hike in its quarterly cash dividend to 25 cents, but investors have come to expect beat-and-raise quarters amid the AI boom.

Fixed Income

Treasury yields were volatile throughout the session before ultimately pulling back. The benchmark 10-year Treasury note yield slipped less than 1 basis point to 4.564%, while the 30-year bond yield fell more than 2 basis points to 5.09%.

The earlier spike in yields came as crude prices initially jumped on reports that Iran’s supreme leader issued a directive to keep enriched uranium within the country, complicating prospects for a resolution to the U.S.-Iran conflict.

Energy Markets

Oil prices retreated sharply Thursday as diplomatic headlines capped supply-risk premiums. West Texas Intermediate crude futures fell $2.02 or 2.06% to close at $96.24 per barrel, while international benchmark Brent crude dropped $2.45 or 2.33% to settle at $102.57.

The Brent-WTI spread held at approximately $6.33. While the pullback offered some relief at the pump, analysts cautioned that tight inventories and Strait of Hormuz shipping constraints remain supportive of prices.

Currencies & Commodities

The Cboe Volatility Index, or VIX, settled around 17.12, down 2.3% on the session. The Wealth Alliance CEO Robert Conzo noted that the current VIX level signals investors are “feeling pretty comfortable” given strong earnings, low unemployment, and the proliferation of artificial intelligence.

President Donald Trump said the administration was in the “final stages” of negotiations with Iran, according to a pool report, helping lift investor spirits after three consecutive days of S&P 500 declines.

Forward Look

All eyes remain on Washington and Tehran as traders monitor developments in the Iran negotiations. “If inflation kicks up because oil prices stay at $100 or more, which could happen, there could be short-term concerns around that, and you’ll hear a lot of headline risk,” Conzo said.

Earnings season continues with investors digesting reports across sectors. The market’s ability to hold record highs will depend on whether diplomatic progress can sustain the recent optimism.

Market Watch

Market Watch — May 21, 2026

· · 2 min read

By Market Watch Writer • May 21, 2026 • 3 min read

S&P 500
7,445.72
+0.17%
Nasdaq
26,293.10
+0.09%
Dow Jones
50,285.66
+0.55% Record
Russell 2000
2,189.45
+0.42%
10Y Treasury
4.564%
-0.01 bps
VIX
17.12
-2.3%
WTI Crude
$96.24
-2.06%
Brent Crude
$102.57
-2.33%

U.S. Equities

The Dow Jones Industrial Average surged to a record close Thursday, gaining 276.31 points or 0.55% to finish at 50,285.66. The milestone came as oil prices retreated from recent highs and investors grew optimistic about potential progress in U.S.-Iran negotiations.

The S&P 500 added 0.17% to close at 7,445.72, while the Nasdaq Composite edged up 0.09% to 26,293.10. The modest gains for the broader indexes reflected cautious optimism even as geopolitical tensions in the Middle East continued to dominate headlines.

Nvidia shares fell 1.8% despite the chipmaker breezing past Wall Street expectations for earnings and guidance. The company also announced a hike in its quarterly cash dividend to 25 cents, but investors have come to expect beat-and-raise quarters amid the AI boom.

Fixed Income

Treasury yields were volatile throughout the session before ultimately pulling back. The benchmark 10-year Treasury note yield slipped less than 1 basis point to 4.564%, while the 30-year bond yield fell more than 2 basis points to 5.09%.

The earlier spike in yields came as crude prices initially jumped on reports that Iran’s supreme leader issued a directive to keep enriched uranium within the country, complicating prospects for a resolution to the U.S.-Iran conflict.

Energy Markets

Oil prices retreated sharply Thursday as diplomatic headlines capped supply-risk premiums. West Texas Intermediate crude futures fell $2.02 or 2.06% to close at $96.24 per barrel, while international benchmark Brent crude dropped $2.45 or 2.33% to settle at $102.57.

The Brent-WTI spread held at approximately $6.33. While the pullback offered some relief at the pump, analysts cautioned that tight inventories and Strait of Hormuz shipping constraints remain supportive of prices.

Currencies & Commodities

The Cboe Volatility Index, or VIX, settled around 17.12, down 2.3% on the session. The Wealth Alliance CEO Robert Conzo noted that the current VIX level signals investors are “feeling pretty comfortable” given strong earnings, low unemployment, and the proliferation of artificial intelligence.

President Donald Trump said the administration was in the “final stages” of negotiations with Iran, according to a pool report, helping lift investor spirits after three consecutive days of S&P 500 declines.

Forward Look

All eyes remain on Washington and Tehran as traders monitor developments in the Iran negotiations. “If inflation kicks up because oil prices stay at $100 or more, which could happen, there could be short-term concerns around that, and you’ll hear a lot of headline risk,” Conzo said.

Earnings season continues with investors digesting reports across sectors. The market’s ability to hold record highs will depend on whether diplomatic progress can sustain the recent optimism.

Market Watch

Market Watch — May 21, 2026

· · 2 min read

By Market Watch Writer • May 21, 2026 • 3 min read

S&P 500
7,445.72
+0.17%
Nasdaq
26,293.10
+0.09%
Dow Jones
50,285.66
+0.55% Record
Russell 2000
2,189.45
+0.42%
10Y Treasury
4.564%
-0.01 bps
VIX
17.12
-2.3%
WTI Crude
$96.24
-2.06%
Brent Crude
$102.57
-2.33%

U.S. Equities

The Dow Jones Industrial Average surged to a record close Thursday, gaining 276.31 points or 0.55% to finish at 50,285.66. The milestone came as oil prices retreated from recent highs and investors grew optimistic about potential progress in U.S.-Iran negotiations.

The S&P 500 added 0.17% to close at 7,445.72, while the Nasdaq Composite edged up 0.09% to 26,293.10. The modest gains for the broader indexes reflected cautious optimism even as geopolitical tensions in the Middle East continued to dominate headlines.

Nvidia shares fell 1.8% despite the chipmaker breezing past Wall Street expectations for earnings and guidance. The company also announced a hike in its quarterly cash dividend to 25 cents, but investors have come to expect beat-and-raise quarters amid the AI boom.

Fixed Income

Treasury yields were volatile throughout the session before ultimately pulling back. The benchmark 10-year Treasury note yield slipped less than 1 basis point to 4.564%, while the 30-year bond yield fell more than 2 basis points to 5.09%.

The earlier spike in yields came as crude prices initially jumped on reports that Iran’s supreme leader issued a directive to keep enriched uranium within the country, complicating prospects for a resolution to the U.S.-Iran conflict.

Energy Markets

Oil prices retreated sharply Thursday as diplomatic headlines capped supply-risk premiums. West Texas Intermediate crude futures fell $2.02 or 2.06% to close at $96.24 per barrel, while international benchmark Brent crude dropped $2.45 or 2.33% to settle at $102.57.

The Brent-WTI spread held at approximately $6.33. While the pullback offered some relief at the pump, analysts cautioned that tight inventories and Strait of Hormuz shipping constraints remain supportive of prices.

Currencies & Commodities

The Cboe Volatility Index, or VIX, settled around 17.12, down 2.3% on the session. The Wealth Alliance CEO Robert Conzo noted that the current VIX level signals investors are “feeling pretty comfortable” given strong earnings, low unemployment, and the proliferation of artificial intelligence.

President Donald Trump said the administration was in the “final stages” of negotiations with Iran, according to a pool report, helping lift investor spirits after three consecutive days of S&P 500 declines.

Forward Look

All eyes remain on Washington and Tehran as traders monitor developments in the Iran negotiations. “If inflation kicks up because oil prices stay at $100 or more, which could happen, there could be short-term concerns around that, and you’ll hear a lot of headline risk,” Conzo said.

Earnings season continues with investors digesting reports across sectors. The market’s ability to hold record highs will depend on whether diplomatic progress can sustain the recent optimism.

Market Watch

Market Watch — May 21, 2026

· · 2 min read

By Market Watch Writer • May 21, 2026 • 3 min read

S&P 500
7,445.72
+0.17%
Nasdaq
26,293.10
+0.09%
Dow Jones
50,285.66
+0.55% Record
Russell 2000
2,189.45
+0.42%
10Y Treasury
4.564%
-0.01 bps
VIX
17.12
-2.3%
WTI Crude
$96.24
-2.06%
Brent Crude
$102.57
-2.33%

U.S. Equities

The Dow Jones Industrial Average surged to a record close Thursday, gaining 276.31 points or 0.55% to finish at 50,285.66. The milestone came as oil prices retreated from recent highs and investors grew optimistic about potential progress in U.S.-Iran negotiations.

The S&P 500 added 0.17% to close at 7,445.72, while the Nasdaq Composite edged up 0.09% to 26,293.10. The modest gains for the broader indexes reflected cautious optimism even as geopolitical tensions in the Middle East continued to dominate headlines.

Nvidia shares fell 1.8% despite the chipmaker breezing past Wall Street expectations for earnings and guidance. The company also announced a hike in its quarterly cash dividend to 25 cents, but investors have come to expect beat-and-raise quarters amid the AI boom.

Fixed Income

Treasury yields were volatile throughout the session before ultimately pulling back. The benchmark 10-year Treasury note yield slipped less than 1 basis point to 4.564%, while the 30-year bond yield fell more than 2 basis points to 5.09%.

The earlier spike in yields came as crude prices initially jumped on reports that Iran’s supreme leader issued a directive to keep enriched uranium within the country, complicating prospects for a resolution to the U.S.-Iran conflict.

Energy Markets

Oil prices retreated sharply Thursday as diplomatic headlines capped supply-risk premiums. West Texas Intermediate crude futures fell $2.02 or 2.06% to close at $96.24 per barrel, while international benchmark Brent crude dropped $2.45 or 2.33% to settle at $102.57.

The Brent-WTI spread held at approximately $6.33. While the pullback offered some relief at the pump, analysts cautioned that tight inventories and Strait of Hormuz shipping constraints remain supportive of prices.

Currencies & Commodities

The Cboe Volatility Index, or VIX, settled around 17.12, down 2.3% on the session. The Wealth Alliance CEO Robert Conzo noted that the current VIX level signals investors are “feeling pretty comfortable” given strong earnings, low unemployment, and the proliferation of artificial intelligence.

President Donald Trump said the administration was in the “final stages” of negotiations with Iran, according to a pool report, helping lift investor spirits after three consecutive days of S&P 500 declines.

Forward Look

All eyes remain on Washington and Tehran as traders monitor developments in the Iran negotiations. “If inflation kicks up because oil prices stay at $100 or more, which could happen, there could be short-term concerns around that, and you’ll hear a lot of headline risk,” Conzo said.

Earnings season continues with investors digesting reports across sectors. The market’s ability to hold record highs will depend on whether diplomatic progress can sustain the recent optimism.

Market Watch

Market Watch — May 21, 2026

· · 2 min read

By Market Watch Writer • May 21, 2026 • 3 min read

S&P 500
7,445.72
+0.17%
Nasdaq
26,293.10
+0.09%
Dow Jones
50,285.66
+0.55% Record
Russell 2000
2,189.45
+0.42%
10Y Treasury
4.564%
-0.01 bps
VIX
17.12
-2.3%
WTI Crude
$96.24
-2.06%
Brent Crude
$102.57
-2.33%

U.S. Equities

The Dow Jones Industrial Average surged to a record close Thursday, gaining 276.31 points or 0.55% to finish at 50,285.66. The milestone came as oil prices retreated from recent highs and investors grew optimistic about potential progress in U.S.-Iran negotiations.

The S&P 500 added 0.17% to close at 7,445.72, while the Nasdaq Composite edged up 0.09% to 26,293.10. The modest gains for the broader indexes reflected cautious optimism even as geopolitical tensions in the Middle East continued to dominate headlines.

Nvidia shares fell 1.8% despite the chipmaker breezing past Wall Street expectations for earnings and guidance. The company also announced a hike in its quarterly cash dividend to 25 cents, but investors have come to expect beat-and-raise quarters amid the AI boom.

Fixed Income

Treasury yields were volatile throughout the session before ultimately pulling back. The benchmark 10-year Treasury note yield slipped less than 1 basis point to 4.564%, while the 30-year bond yield fell more than 2 basis points to 5.09%.

The earlier spike in yields came as crude prices initially jumped on reports that Iran’s supreme leader issued a directive to keep enriched uranium within the country, complicating prospects for a resolution to the U.S.-Iran conflict.

Energy Markets

Oil prices retreated sharply Thursday as diplomatic headlines capped supply-risk premiums. West Texas Intermediate crude futures fell $2.02 or 2.06% to close at $96.24 per barrel, while international benchmark Brent crude dropped $2.45 or 2.33% to settle at $102.57.

The Brent-WTI spread held at approximately $6.33. While the pullback offered some relief at the pump, analysts cautioned that tight inventories and Strait of Hormuz shipping constraints remain supportive of prices.

Currencies & Commodities

The Cboe Volatility Index, or VIX, settled around 17.12, down 2.3% on the session. The Wealth Alliance CEO Robert Conzo noted that the current VIX level signals investors are “feeling pretty comfortable” given strong earnings, low unemployment, and the proliferation of artificial intelligence.

President Donald Trump said the administration was in the “final stages” of negotiations with Iran, according to a pool report, helping lift investor spirits after three consecutive days of S&P 500 declines.

Forward Look

All eyes remain on Washington and Tehran as traders monitor developments in the Iran negotiations. “If inflation kicks up because oil prices stay at $100 or more, which could happen, there could be short-term concerns around that, and you’ll hear a lot of headline risk,” Conzo said.

Earnings season continues with investors digesting reports across sectors. The market’s ability to hold record highs will depend on whether diplomatic progress can sustain the recent optimism.

Market Watch

Market Watch — May 21, 2026

· · 2 min read

By Market Watch Writer • May 21, 2026 • 3 min read

S&P 500
7,445.72
+0.17%
Nasdaq
26,293.10
+0.09%
Dow Jones
50,285.66
+0.55% Record
Russell 2000
2,189.45
+0.42%
10Y Treasury
4.564%
-0.01 bps
VIX
17.12
-2.3%
WTI Crude
$96.24
-2.06%
Brent Crude
$102.57
-2.33%

U.S. Equities

The Dow Jones Industrial Average surged to a record close Thursday, gaining 276.31 points or 0.55% to finish at 50,285.66. The milestone came as oil prices retreated from recent highs and investors grew optimistic about potential progress in U.S.-Iran negotiations.

The S&P 500 added 0.17% to close at 7,445.72, while the Nasdaq Composite edged up 0.09% to 26,293.10. The modest gains for the broader indexes reflected cautious optimism even as geopolitical tensions in the Middle East continued to dominate headlines.

Nvidia shares fell 1.8% despite the chipmaker breezing past Wall Street expectations for earnings and guidance. The company also announced a hike in its quarterly cash dividend to 25 cents, but investors have come to expect beat-and-raise quarters amid the AI boom.

Fixed Income

Treasury yields were volatile throughout the session before ultimately pulling back. The benchmark 10-year Treasury note yield slipped less than 1 basis point to 4.564%, while the 30-year bond yield fell more than 2 basis points to 5.09%.

The earlier spike in yields came as crude prices initially jumped on reports that Iran’s supreme leader issued a directive to keep enriched uranium within the country, complicating prospects for a resolution to the U.S.-Iran conflict.

Energy Markets

Oil prices retreated sharply Thursday as diplomatic headlines capped supply-risk premiums. West Texas Intermediate crude futures fell $2.02 or 2.06% to close at $96.24 per barrel, while international benchmark Brent crude dropped $2.45 or 2.33% to settle at $102.57.

The Brent-WTI spread held at approximately $6.33. While the pullback offered some relief at the pump, analysts cautioned that tight inventories and Strait of Hormuz shipping constraints remain supportive of prices.

Currencies & Commodities

The Cboe Volatility Index, or VIX, settled around 17.12, down 2.3% on the session. The Wealth Alliance CEO Robert Conzo noted that the current VIX level signals investors are “feeling pretty comfortable” given strong earnings, low unemployment, and the proliferation of artificial intelligence.

President Donald Trump said the administration was in the “final stages” of negotiations with Iran, according to a pool report, helping lift investor spirits after three consecutive days of S&P 500 declines.

Forward Look

All eyes remain on Washington and Tehran as traders monitor developments in the Iran negotiations. “If inflation kicks up because oil prices stay at $100 or more, which could happen, there could be short-term concerns around that, and you’ll hear a lot of headline risk,” Conzo said.

Earnings season continues with investors digesting reports across sectors. The market’s ability to hold record highs will depend on whether diplomatic progress can sustain the recent optimism.

Market Watch

Market Watch — May 21, 2026

· · 2 min read

By Market Watch Writer • May 21, 2026 • 3 min read

S&P 500
7,445.72
+0.17%
Nasdaq
26,293.10
+0.09%
Dow Jones
50,285.66
+0.55% Record
Russell 2000
2,189.45
+0.42%
10Y Treasury
4.564%
-0.01 bps
VIX
17.12
-2.3%
WTI Crude
$96.24
-2.06%
Brent Crude
$102.57
-2.33%

U.S. Equities

The Dow Jones Industrial Average surged to a record close Thursday, gaining 276.31 points or 0.55% to finish at 50,285.66. The milestone came as oil prices retreated from recent highs and investors grew optimistic about potential progress in U.S.-Iran negotiations.

The S&P 500 added 0.17% to close at 7,445.72, while the Nasdaq Composite edged up 0.09% to 26,293.10. The modest gains for the broader indexes reflected cautious optimism even as geopolitical tensions in the Middle East continued to dominate headlines.

Nvidia shares fell 1.8% despite the chipmaker breezing past Wall Street expectations for earnings and guidance. The company also announced a hike in its quarterly cash dividend to 25 cents, but investors have come to expect beat-and-raise quarters amid the AI boom.

Fixed Income

Treasury yields were volatile throughout the session before ultimately pulling back. The benchmark 10-year Treasury note yield slipped less than 1 basis point to 4.564%, while the 30-year bond yield fell more than 2 basis points to 5.09%.

The earlier spike in yields came as crude prices initially jumped on reports that Iran’s supreme leader issued a directive to keep enriched uranium within the country, complicating prospects for a resolution to the U.S.-Iran conflict.

Energy Markets

Oil prices retreated sharply Thursday as diplomatic headlines capped supply-risk premiums. West Texas Intermediate crude futures fell $2.02 or 2.06% to close at $96.24 per barrel, while international benchmark Brent crude dropped $2.45 or 2.33% to settle at $102.57.

The Brent-WTI spread held at approximately $6.33. While the pullback offered some relief at the pump, analysts cautioned that tight inventories and Strait of Hormuz shipping constraints remain supportive of prices.

Currencies & Commodities

The Cboe Volatility Index, or VIX, settled around 17.12, down 2.3% on the session. The Wealth Alliance CEO Robert Conzo noted that the current VIX level signals investors are “feeling pretty comfortable” given strong earnings, low unemployment, and the proliferation of artificial intelligence.

President Donald Trump said the administration was in the “final stages” of negotiations with Iran, according to a pool report, helping lift investor spirits after three consecutive days of S&P 500 declines.

Forward Look

All eyes remain on Washington and Tehran as traders monitor developments in the Iran negotiations. “If inflation kicks up because oil prices stay at $100 or more, which could happen, there could be short-term concerns around that, and you’ll hear a lot of headline risk,” Conzo said.

Earnings season continues with investors digesting reports across sectors. The market’s ability to hold record highs will depend on whether diplomatic progress can sustain the recent optimism.

Market Watch

Market Watch — May 21, 2026

· · 2 min read

By Market Watch Writer • May 21, 2026 • 3 min read

S&P 500
7,445.72
+0.17%
Nasdaq
26,293.10
+0.09%
Dow Jones
50,285.66
+0.55% Record
Russell 2000
2,189.45
+0.42%
10Y Treasury
4.564%
-0.01 bps
VIX
17.12
-2.3%
WTI Crude
$96.24
-2.06%
Brent Crude
$102.57
-2.33%

U.S. Equities

The Dow Jones Industrial Average surged to a record close Thursday, gaining 276.31 points or 0.55% to finish at 50,285.66. The milestone came as oil prices retreated from recent highs and investors grew optimistic about potential progress in U.S.-Iran negotiations.

The S&P 500 added 0.17% to close at 7,445.72, while the Nasdaq Composite edged up 0.09% to 26,293.10. The modest gains for the broader indexes reflected cautious optimism even as geopolitical tensions in the Middle East continued to dominate headlines.

Nvidia shares fell 1.8% despite the chipmaker breezing past Wall Street expectations for earnings and guidance. The company also announced a hike in its quarterly cash dividend to 25 cents, but investors have come to expect beat-and-raise quarters amid the AI boom.

Fixed Income

Treasury yields were volatile throughout the session before ultimately pulling back. The benchmark 10-year Treasury note yield slipped less than 1 basis point to 4.564%, while the 30-year bond yield fell more than 2 basis points to 5.09%.

The earlier spike in yields came as crude prices initially jumped on reports that Iran’s supreme leader issued a directive to keep enriched uranium within the country, complicating prospects for a resolution to the U.S.-Iran conflict.

Energy Markets

Oil prices retreated sharply Thursday as diplomatic headlines capped supply-risk premiums. West Texas Intermediate crude futures fell $2.02 or 2.06% to close at $96.24 per barrel, while international benchmark Brent crude dropped $2.45 or 2.33% to settle at $102.57.

The Brent-WTI spread held at approximately $6.33. While the pullback offered some relief at the pump, analysts cautioned that tight inventories and Strait of Hormuz shipping constraints remain supportive of prices.

Currencies & Commodities

The Cboe Volatility Index, or VIX, settled around 17.12, down 2.3% on the session. The Wealth Alliance CEO Robert Conzo noted that the current VIX level signals investors are “feeling pretty comfortable” given strong earnings, low unemployment, and the proliferation of artificial intelligence.

President Donald Trump said the administration was in the “final stages” of negotiations with Iran, according to a pool report, helping lift investor spirits after three consecutive days of S&P 500 declines.

Forward Look

All eyes remain on Washington and Tehran as traders monitor developments in the Iran negotiations. “If inflation kicks up because oil prices stay at $100 or more, which could happen, there could be short-term concerns around that, and you’ll hear a lot of headline risk,” Conzo said.

Earnings season continues with investors digesting reports across sectors. The market’s ability to hold record highs will depend on whether diplomatic progress can sustain the recent optimism.

Market Watch

Market Watch — May 21, 2026

· · 2 min read

By Market Watch Writer • May 21, 2026 • 3 min read

S&P 500
7,445.72
+0.17%
Nasdaq
26,293.10
+0.09%
Dow Jones
50,285.66
+0.55% Record
Russell 2000
2,189.45
+0.42%
10Y Treasury
4.564%
-0.01 bps
VIX
17.12
-2.3%
WTI Crude
$96.24
-2.06%
Brent Crude
$102.57
-2.33%

U.S. Equities

The Dow Jones Industrial Average surged to a record close Thursday, gaining 276.31 points or 0.55% to finish at 50,285.66. The milestone came as oil prices retreated from recent highs and investors grew optimistic about potential progress in U.S.-Iran negotiations.

The S&P 500 added 0.17% to close at 7,445.72, while the Nasdaq Composite edged up 0.09% to 26,293.10. The modest gains for the broader indexes reflected cautious optimism even as geopolitical tensions in the Middle East continued to dominate headlines.

Nvidia shares fell 1.8% despite the chipmaker breezing past Wall Street expectations for earnings and guidance. The company also announced a hike in its quarterly cash dividend to 25 cents, but investors have come to expect beat-and-raise quarters amid the AI boom.

Fixed Income

Treasury yields were volatile throughout the session before ultimately pulling back. The benchmark 10-year Treasury note yield slipped less than 1 basis point to 4.564%, while the 30-year bond yield fell more than 2 basis points to 5.09%.

The earlier spike in yields came as crude prices initially jumped on reports that Iran’s supreme leader issued a directive to keep enriched uranium within the country, complicating prospects for a resolution to the U.S.-Iran conflict.

Energy Markets

Oil prices retreated sharply Thursday as diplomatic headlines capped supply-risk premiums. West Texas Intermediate crude futures fell $2.02 or 2.06% to close at $96.24 per barrel, while international benchmark Brent crude dropped $2.45 or 2.33% to settle at $102.57.

The Brent-WTI spread held at approximately $6.33. While the pullback offered some relief at the pump, analysts cautioned that tight inventories and Strait of Hormuz shipping constraints remain supportive of prices.

Currencies & Commodities

The Cboe Volatility Index, or VIX, settled around 17.12, down 2.3% on the session. The Wealth Alliance CEO Robert Conzo noted that the current VIX level signals investors are “feeling pretty comfortable” given strong earnings, low unemployment, and the proliferation of artificial intelligence.

President Donald Trump said the administration was in the “final stages” of negotiations with Iran, according to a pool report, helping lift investor spirits after three consecutive days of S&P 500 declines.

Forward Look

All eyes remain on Washington and Tehran as traders monitor developments in the Iran negotiations. “If inflation kicks up because oil prices stay at $100 or more, which could happen, there could be short-term concerns around that, and you’ll hear a lot of headline risk,” Conzo said.

Earnings season continues with investors digesting reports across sectors. The market’s ability to hold record highs will depend on whether diplomatic progress can sustain the recent optimism.

Market Watch

Market Watch — May 21, 2026

· · 2 min read

By Market Watch Writer • May 21, 2026 • 3 min read

S&P 500
7,445.72
+0.17%
Nasdaq
26,293.10
+0.09%
Dow Jones
50,285.66
+0.55% Record
Russell 2000
2,189.45
+0.42%
10Y Treasury
4.564%
-0.01 bps
VIX
17.12
-2.3%
WTI Crude
$96.24
-2.06%
Brent Crude
$102.57
-2.33%

U.S. Equities

The Dow Jones Industrial Average surged to a record close Thursday, gaining 276.31 points or 0.55% to finish at 50,285.66. The milestone came as oil prices retreated from recent highs and investors grew optimistic about potential progress in U.S.-Iran negotiations.

The S&P 500 added 0.17% to close at 7,445.72, while the Nasdaq Composite edged up 0.09% to 26,293.10. The modest gains for the broader indexes reflected cautious optimism even as geopolitical tensions in the Middle East continued to dominate headlines.

Nvidia shares fell 1.8% despite the chipmaker breezing past Wall Street expectations for earnings and guidance. The company also announced a hike in its quarterly cash dividend to 25 cents, but investors have come to expect beat-and-raise quarters amid the AI boom.

Fixed Income

Treasury yields were volatile throughout the session before ultimately pulling back. The benchmark 10-year Treasury note yield slipped less than 1 basis point to 4.564%, while the 30-year bond yield fell more than 2 basis points to 5.09%.

The earlier spike in yields came as crude prices initially jumped on reports that Iran’s supreme leader issued a directive to keep enriched uranium within the country, complicating prospects for a resolution to the U.S.-Iran conflict.

Energy Markets

Oil prices retreated sharply Thursday as diplomatic headlines capped supply-risk premiums. West Texas Intermediate crude futures fell $2.02 or 2.06% to close at $96.24 per barrel, while international benchmark Brent crude dropped $2.45 or 2.33% to settle at $102.57.

The Brent-WTI spread held at approximately $6.33. While the pullback offered some relief at the pump, analysts cautioned that tight inventories and Strait of Hormuz shipping constraints remain supportive of prices.

Currencies & Commodities

The Cboe Volatility Index, or VIX, settled around 17.12, down 2.3% on the session. The Wealth Alliance CEO Robert Conzo noted that the current VIX level signals investors are “feeling pretty comfortable” given strong earnings, low unemployment, and the proliferation of artificial intelligence.

President Donald Trump said the administration was in the “final stages” of negotiations with Iran, according to a pool report, helping lift investor spirits after three consecutive days of S&P 500 declines.

Forward Look

All eyes remain on Washington and Tehran as traders monitor developments in the Iran negotiations. “If inflation kicks up because oil prices stay at $100 or more, which could happen, there could be short-term concerns around that, and you’ll hear a lot of headline risk,” Conzo said.

Earnings season continues with investors digesting reports across sectors. The market’s ability to hold record highs will depend on whether diplomatic progress can sustain the recent optimism.

Market Watch

Market Watch — May 21, 2026

· · 2 min read

By Market Watch Writer • May 21, 2026 • 3 min read

S&P 500
7,445.72
+0.17%
Nasdaq
26,293.10
+0.09%
Dow Jones
50,285.66
+0.55% Record
Russell 2000
2,189.45
+0.42%
10Y Treasury
4.564%
-0.01 bps
VIX
17.12
-2.3%
WTI Crude
$96.24
-2.06%
Brent Crude
$102.57
-2.33%

U.S. Equities

The Dow Jones Industrial Average surged to a record close Thursday, gaining 276.31 points or 0.55% to finish at 50,285.66. The milestone came as oil prices retreated from recent highs and investors grew optimistic about potential progress in U.S.-Iran negotiations.

The S&P 500 added 0.17% to close at 7,445.72, while the Nasdaq Composite edged up 0.09% to 26,293.10. The modest gains for the broader indexes reflected cautious optimism even as geopolitical tensions in the Middle East continued to dominate headlines.

Nvidia shares fell 1.8% despite the chipmaker breezing past Wall Street expectations for earnings and guidance. The company also announced a hike in its quarterly cash dividend to 25 cents, but investors have come to expect beat-and-raise quarters amid the AI boom.

Fixed Income

Treasury yields were volatile throughout the session before ultimately pulling back. The benchmark 10-year Treasury note yield slipped less than 1 basis point to 4.564%, while the 30-year bond yield fell more than 2 basis points to 5.09%.

The earlier spike in yields came as crude prices initially jumped on reports that Iran’s supreme leader issued a directive to keep enriched uranium within the country, complicating prospects for a resolution to the U.S.-Iran conflict.

Energy Markets

Oil prices retreated sharply Thursday as diplomatic headlines capped supply-risk premiums. West Texas Intermediate crude futures fell $2.02 or 2.06% to close at $96.24 per barrel, while international benchmark Brent crude dropped $2.45 or 2.33% to settle at $102.57.

The Brent-WTI spread held at approximately $6.33. While the pullback offered some relief at the pump, analysts cautioned that tight inventories and Strait of Hormuz shipping constraints remain supportive of prices.

Currencies & Commodities

The Cboe Volatility Index, or VIX, settled around 17.12, down 2.3% on the session. The Wealth Alliance CEO Robert Conzo noted that the current VIX level signals investors are “feeling pretty comfortable” given strong earnings, low unemployment, and the proliferation of artificial intelligence.

President Donald Trump said the administration was in the “final stages” of negotiations with Iran, according to a pool report, helping lift investor spirits after three consecutive days of S&P 500 declines.

Forward Look

All eyes remain on Washington and Tehran as traders monitor developments in the Iran negotiations. “If inflation kicks up because oil prices stay at $100 or more, which could happen, there could be short-term concerns around that, and you’ll hear a lot of headline risk,” Conzo said.

Earnings season continues with investors digesting reports across sectors. The market’s ability to hold record highs will depend on whether diplomatic progress can sustain the recent optimism.

Market Watch

Market Watch — May 21, 2026

· · 2 min read

By Market Watch Writer • May 21, 2026 • 3 min read

S&P 500
7,445.72
+0.17%
Nasdaq
26,293.10
+0.09%
Dow Jones
50,285.66
+0.55% Record
Russell 2000
2,189.45
+0.42%
10Y Treasury
4.564%
-0.01 bps
VIX
17.12
-2.3%
WTI Crude
$96.24
-2.06%
Brent Crude
$102.57
-2.33%

U.S. Equities

The Dow Jones Industrial Average surged to a record close Thursday, gaining 276.31 points or 0.55% to finish at 50,285.66. The milestone came as oil prices retreated from recent highs and investors grew optimistic about potential progress in U.S.-Iran negotiations.

The S&P 500 added 0.17% to close at 7,445.72, while the Nasdaq Composite edged up 0.09% to 26,293.10. The modest gains for the broader indexes reflected cautious optimism even as geopolitical tensions in the Middle East continued to dominate headlines.

Nvidia shares fell 1.8% despite the chipmaker breezing past Wall Street expectations for earnings and guidance. The company also announced a hike in its quarterly cash dividend to 25 cents, but investors have come to expect beat-and-raise quarters amid the AI boom.

Fixed Income

Treasury yields were volatile throughout the session before ultimately pulling back. The benchmark 10-year Treasury note yield slipped less than 1 basis point to 4.564%, while the 30-year bond yield fell more than 2 basis points to 5.09%.

The earlier spike in yields came as crude prices initially jumped on reports that Iran’s supreme leader issued a directive to keep enriched uranium within the country, complicating prospects for a resolution to the U.S.-Iran conflict.

Energy Markets

Oil prices retreated sharply Thursday as diplomatic headlines capped supply-risk premiums. West Texas Intermediate crude futures fell $2.02 or 2.06% to close at $96.24 per barrel, while international benchmark Brent crude dropped $2.45 or 2.33% to settle at $102.57.

The Brent-WTI spread held at approximately $6.33. While the pullback offered some relief at the pump, analysts cautioned that tight inventories and Strait of Hormuz shipping constraints remain supportive of prices.

Currencies & Commodities

The Cboe Volatility Index, or VIX, settled around 17.12, down 2.3% on the session. The Wealth Alliance CEO Robert Conzo noted that the current VIX level signals investors are “feeling pretty comfortable” given strong earnings, low unemployment, and the proliferation of artificial intelligence.

President Donald Trump said the administration was in the “final stages” of negotiations with Iran, according to a pool report, helping lift investor spirits after three consecutive days of S&P 500 declines.

Forward Look

All eyes remain on Washington and Tehran as traders monitor developments in the Iran negotiations. “If inflation kicks up because oil prices stay at $100 or more, which could happen, there could be short-term concerns around that, and you’ll hear a lot of headline risk,” Conzo said.

Earnings season continues with investors digesting reports across sectors. The market’s ability to hold record highs will depend on whether diplomatic progress can sustain the recent optimism.

Market Watch

Market Watch — May 21, 2026

· · 2 min read

By Market Watch Writer • May 21, 2026 • 3 min read

S&P 500
7,445.72
+0.17%
Nasdaq
26,293.10
+0.09%
Dow Jones
50,285.66
+0.55% Record
Russell 2000
2,189.45
+0.42%
10Y Treasury
4.564%
-0.01 bps
VIX
17.12
-2.3%
WTI Crude
$96.24
-2.06%
Brent Crude
$102.57
-2.33%

U.S. Equities

The Dow Jones Industrial Average surged to a record close Thursday, gaining 276.31 points or 0.55% to finish at 50,285.66. The milestone came as oil prices retreated from recent highs and investors grew optimistic about potential progress in U.S.-Iran negotiations.

The S&P 500 added 0.17% to close at 7,445.72, while the Nasdaq Composite edged up 0.09% to 26,293.10. The modest gains for the broader indexes reflected cautious optimism even as geopolitical tensions in the Middle East continued to dominate headlines.

Nvidia shares fell 1.8% despite the chipmaker breezing past Wall Street expectations for earnings and guidance. The company also announced a hike in its quarterly cash dividend to 25 cents, but investors have come to expect beat-and-raise quarters amid the AI boom.

Fixed Income

Treasury yields were volatile throughout the session before ultimately pulling back. The benchmark 10-year Treasury note yield slipped less than 1 basis point to 4.564%, while the 30-year bond yield fell more than 2 basis points to 5.09%.

The earlier spike in yields came as crude prices initially jumped on reports that Iran’s supreme leader issued a directive to keep enriched uranium within the country, complicating prospects for a resolution to the U.S.-Iran conflict.

Energy Markets

Oil prices retreated sharply Thursday as diplomatic headlines capped supply-risk premiums. West Texas Intermediate crude futures fell $2.02 or 2.06% to close at $96.24 per barrel, while international benchmark Brent crude dropped $2.45 or 2.33% to settle at $102.57.

The Brent-WTI spread held at approximately $6.33. While the pullback offered some relief at the pump, analysts cautioned that tight inventories and Strait of Hormuz shipping constraints remain supportive of prices.

Currencies & Commodities

The Cboe Volatility Index, or VIX, settled around 17.12, down 2.3% on the session. The Wealth Alliance CEO Robert Conzo noted that the current VIX level signals investors are “feeling pretty comfortable” given strong earnings, low unemployment, and the proliferation of artificial intelligence.

President Donald Trump said the administration was in the “final stages” of negotiations with Iran, according to a pool report, helping lift investor spirits after three consecutive days of S&P 500 declines.

Forward Look

All eyes remain on Washington and Tehran as traders monitor developments in the Iran negotiations. “If inflation kicks up because oil prices stay at $100 or more, which could happen, there could be short-term concerns around that, and you’ll hear a lot of headline risk,” Conzo said.

Earnings season continues with investors digesting reports across sectors. The market’s ability to hold record highs will depend on whether diplomatic progress can sustain the recent optimism.

Market Watch

Market Watch — May 21, 2026

· · 2 min read

By Market Watch Writer • May 21, 2026 • 3 min read

S&P 500
7,445.72
+0.17%
Nasdaq
26,293.10
+0.09%
Dow Jones
50,285.66
+0.55% Record
Russell 2000
2,189.45
+0.42%
10Y Treasury
4.564%
-0.01 bps
VIX
17.12
-2.3%
WTI Crude
$96.24
-2.06%
Brent Crude
$102.57
-2.33%

U.S. Equities

The Dow Jones Industrial Average surged to a record close Thursday, gaining 276.31 points or 0.55% to finish at 50,285.66. The milestone came as oil prices retreated from recent highs and investors grew optimistic about potential progress in U.S.-Iran negotiations.

The S&P 500 added 0.17% to close at 7,445.72, while the Nasdaq Composite edged up 0.09% to 26,293.10. The modest gains for the broader indexes reflected cautious optimism even as geopolitical tensions in the Middle East continued to dominate headlines.

Nvidia shares fell 1.8% despite the chipmaker breezing past Wall Street expectations for earnings and guidance. The company also announced a hike in its quarterly cash dividend to 25 cents, but investors have come to expect beat-and-raise quarters amid the AI boom.

Fixed Income

Treasury yields were volatile throughout the session before ultimately pulling back. The benchmark 10-year Treasury note yield slipped less than 1 basis point to 4.564%, while the 30-year bond yield fell more than 2 basis points to 5.09%.

The earlier spike in yields came as crude prices initially jumped on reports that Iran’s supreme leader issued a directive to keep enriched uranium within the country, complicating prospects for a resolution to the U.S.-Iran conflict.

Energy Markets

Oil prices retreated sharply Thursday as diplomatic headlines capped supply-risk premiums. West Texas Intermediate crude futures fell $2.02 or 2.06% to close at $96.24 per barrel, while international benchmark Brent crude dropped $2.45 or 2.33% to settle at $102.57.

The Brent-WTI spread held at approximately $6.33. While the pullback offered some relief at the pump, analysts cautioned that tight inventories and Strait of Hormuz shipping constraints remain supportive of prices.

Currencies & Commodities

The Cboe Volatility Index, or VIX, settled around 17.12, down 2.3% on the session. The Wealth Alliance CEO Robert Conzo noted that the current VIX level signals investors are “feeling pretty comfortable” given strong earnings, low unemployment, and the proliferation of artificial intelligence.

President Donald Trump said the administration was in the “final stages” of negotiations with Iran, according to a pool report, helping lift investor spirits after three consecutive days of S&P 500 declines.

Forward Look

All eyes remain on Washington and Tehran as traders monitor developments in the Iran negotiations. “If inflation kicks up because oil prices stay at $100 or more, which could happen, there could be short-term concerns around that, and you’ll hear a lot of headline risk,” Conzo said.

Earnings season continues with investors digesting reports across sectors. The market’s ability to hold record highs will depend on whether diplomatic progress can sustain the recent optimism.

Market Watch

Market Watch — May 21, 2026

· · 2 min read

By Market Watch Writer • May 21, 2026 • 3 min read

S&P 500
7,445.72
+0.17%
Nasdaq
26,293.10
+0.09%
Dow Jones
50,285.66
+0.55% Record
Russell 2000
2,189.45
+0.42%
10Y Treasury
4.564%
-0.01 bps
VIX
17.12
-2.3%
WTI Crude
$96.24
-2.06%
Brent Crude
$102.57
-2.33%

U.S. Equities

The Dow Jones Industrial Average surged to a record close Thursday, gaining 276.31 points or 0.55% to finish at 50,285.66. The milestone came as oil prices retreated from recent highs and investors grew optimistic about potential progress in U.S.-Iran negotiations.

The S&P 500 added 0.17% to close at 7,445.72, while the Nasdaq Composite edged up 0.09% to 26,293.10. The modest gains for the broader indexes reflected cautious optimism even as geopolitical tensions in the Middle East continued to dominate headlines.

Nvidia shares fell 1.8% despite the chipmaker breezing past Wall Street expectations for earnings and guidance. The company also announced a hike in its quarterly cash dividend to 25 cents, but investors have come to expect beat-and-raise quarters amid the AI boom.

Fixed Income

Treasury yields were volatile throughout the session before ultimately pulling back. The benchmark 10-year Treasury note yield slipped less than 1 basis point to 4.564%, while the 30-year bond yield fell more than 2 basis points to 5.09%.

The earlier spike in yields came as crude prices initially jumped on reports that Iran’s supreme leader issued a directive to keep enriched uranium within the country, complicating prospects for a resolution to the U.S.-Iran conflict.

Energy Markets

Oil prices retreated sharply Thursday as diplomatic headlines capped supply-risk premiums. West Texas Intermediate crude futures fell $2.02 or 2.06% to close at $96.24 per barrel, while international benchmark Brent crude dropped $2.45 or 2.33% to settle at $102.57.

The Brent-WTI spread held at approximately $6.33. While the pullback offered some relief at the pump, analysts cautioned that tight inventories and Strait of Hormuz shipping constraints remain supportive of prices.

Currencies & Commodities

The Cboe Volatility Index, or VIX, settled around 17.12, down 2.3% on the session. The Wealth Alliance CEO Robert Conzo noted that the current VIX level signals investors are “feeling pretty comfortable” given strong earnings, low unemployment, and the proliferation of artificial intelligence.

President Donald Trump said the administration was in the “final stages” of negotiations with Iran, according to a pool report, helping lift investor spirits after three consecutive days of S&P 500 declines.

Forward Look

All eyes remain on Washington and Tehran as traders monitor developments in the Iran negotiations. “If inflation kicks up because oil prices stay at $100 or more, which could happen, there could be short-term concerns around that, and you’ll hear a lot of headline risk,” Conzo said.

Earnings season continues with investors digesting reports across sectors. The market’s ability to hold record highs will depend on whether diplomatic progress can sustain the recent optimism.

Market Watch

Market Watch — May 21, 2026

· · 2 min read

By Market Watch Writer • May 21, 2026 • 3 min read

S&P 500
7,445.72
+0.17%
Nasdaq
26,293.10
+0.09%
Dow Jones
50,285.66
+0.55% Record
Russell 2000
2,189.45
+0.42%
10Y Treasury
4.564%
-0.01 bps
VIX
17.12
-2.3%
WTI Crude
$96.24
-2.06%
Brent Crude
$102.57
-2.33%

U.S. Equities

The Dow Jones Industrial Average surged to a record close Thursday, gaining 276.31 points or 0.55% to finish at 50,285.66. The milestone came as oil prices retreated from recent highs and investors grew optimistic about potential progress in U.S.-Iran negotiations.

The S&P 500 added 0.17% to close at 7,445.72, while the Nasdaq Composite edged up 0.09% to 26,293.10. The modest gains for the broader indexes reflected cautious optimism even as geopolitical tensions in the Middle East continued to dominate headlines.

Nvidia shares fell 1.8% despite the chipmaker breezing past Wall Street expectations for earnings and guidance. The company also announced a hike in its quarterly cash dividend to 25 cents, but investors have come to expect beat-and-raise quarters amid the AI boom.

Fixed Income

Treasury yields were volatile throughout the session before ultimately pulling back. The benchmark 10-year Treasury note yield slipped less than 1 basis point to 4.564%, while the 30-year bond yield fell more than 2 basis points to 5.09%.

The earlier spike in yields came as crude prices initially jumped on reports that Iran’s supreme leader issued a directive to keep enriched uranium within the country, complicating prospects for a resolution to the U.S.-Iran conflict.

Energy Markets

Oil prices retreated sharply Thursday as diplomatic headlines capped supply-risk premiums. West Texas Intermediate crude futures fell $2.02 or 2.06% to close at $96.24 per barrel, while international benchmark Brent crude dropped $2.45 or 2.33% to settle at $102.57.

The Brent-WTI spread held at approximately $6.33. While the pullback offered some relief at the pump, analysts cautioned that tight inventories and Strait of Hormuz shipping constraints remain supportive of prices.

Currencies & Commodities

The Cboe Volatility Index, or VIX, settled around 17.12, down 2.3% on the session. The Wealth Alliance CEO Robert Conzo noted that the current VIX level signals investors are “feeling pretty comfortable” given strong earnings, low unemployment, and the proliferation of artificial intelligence.

President Donald Trump said the administration was in the “final stages” of negotiations with Iran, according to a pool report, helping lift investor spirits after three consecutive days of S&P 500 declines.

Forward Look

All eyes remain on Washington and Tehran as traders monitor developments in the Iran negotiations. “If inflation kicks up because oil prices stay at $100 or more, which could happen, there could be short-term concerns around that, and you’ll hear a lot of headline risk,” Conzo said.

Earnings season continues with investors digesting reports across sectors. The market’s ability to hold record highs will depend on whether diplomatic progress can sustain the recent optimism.

Market Watch

Market Watch — May 21, 2026

· · 2 min read

By Market Watch Writer • May 21, 2026 • 3 min read

S&P 500
7,445.72
+0.17%
Nasdaq
26,293.10
+0.09%
Dow Jones
50,285.66
+0.55% Record
Russell 2000
2,189.45
+0.42%
10Y Treasury
4.564%
-0.01 bps
VIX
17.12
-2.3%
WTI Crude
$96.24
-2.06%
Brent Crude
$102.57
-2.33%

U.S. Equities

The Dow Jones Industrial Average surged to a record close Thursday, gaining 276.31 points or 0.55% to finish at 50,285.66. The milestone came as oil prices retreated from recent highs and investors grew optimistic about potential progress in U.S.-Iran negotiations.

The S&P 500 added 0.17% to close at 7,445.72, while the Nasdaq Composite edged up 0.09% to 26,293.10. The modest gains for the broader indexes reflected cautious optimism even as geopolitical tensions in the Middle East continued to dominate headlines.

Nvidia shares fell 1.8% despite the chipmaker breezing past Wall Street expectations for earnings and guidance. The company also announced a hike in its quarterly cash dividend to 25 cents, but investors have come to expect beat-and-raise quarters amid the AI boom.

Fixed Income

Treasury yields were volatile throughout the session before ultimately pulling back. The benchmark 10-year Treasury note yield slipped less than 1 basis point to 4.564%, while the 30-year bond yield fell more than 2 basis points to 5.09%.

The earlier spike in yields came as crude prices initially jumped on reports that Iran’s supreme leader issued a directive to keep enriched uranium within the country, complicating prospects for a resolution to the U.S.-Iran conflict.

Energy Markets

Oil prices retreated sharply Thursday as diplomatic headlines capped supply-risk premiums. West Texas Intermediate crude futures fell $2.02 or 2.06% to close at $96.24 per barrel, while international benchmark Brent crude dropped $2.45 or 2.33% to settle at $102.57.

The Brent-WTI spread held at approximately $6.33. While the pullback offered some relief at the pump, analysts cautioned that tight inventories and Strait of Hormuz shipping constraints remain supportive of prices.

Currencies & Commodities

The Cboe Volatility Index, or VIX, settled around 17.12, down 2.3% on the session. The Wealth Alliance CEO Robert Conzo noted that the current VIX level signals investors are “feeling pretty comfortable” given strong earnings, low unemployment, and the proliferation of artificial intelligence.

President Donald Trump said the administration was in the “final stages” of negotiations with Iran, according to a pool report, helping lift investor spirits after three consecutive days of S&P 500 declines.

Forward Look

All eyes remain on Washington and Tehran as traders monitor developments in the Iran negotiations. “If inflation kicks up because oil prices stay at $100 or more, which could happen, there could be short-term concerns around that, and you’ll hear a lot of headline risk,” Conzo said.

Earnings season continues with investors digesting reports across sectors. The market’s ability to hold record highs will depend on whether diplomatic progress can sustain the recent optimism.

Market Watch

Market Watch — May 21, 2026

· · 2 min read

By Market Watch Writer • May 21, 2026 • 3 min read

S&P 500
7,445.72
+0.17%
Nasdaq
26,293.10
+0.09%
Dow Jones
50,285.66
+0.55% Record
Russell 2000
2,189.45
+0.42%
10Y Treasury
4.564%
-0.01 bps
VIX
17.12
-2.3%
WTI Crude
$96.24
-2.06%
Brent Crude
$102.57
-2.33%

U.S. Equities

The Dow Jones Industrial Average surged to a record close Thursday, gaining 276.31 points or 0.55% to finish at 50,285.66. The milestone came as oil prices retreated from recent highs and investors grew optimistic about potential progress in U.S.-Iran negotiations.

The S&P 500 added 0.17% to close at 7,445.72, while the Nasdaq Composite edged up 0.09% to 26,293.10. The modest gains for the broader indexes reflected cautious optimism even as geopolitical tensions in the Middle East continued to dominate headlines.

Nvidia shares fell 1.8% despite the chipmaker breezing past Wall Street expectations for earnings and guidance. The company also announced a hike in its quarterly cash dividend to 25 cents, but investors have come to expect beat-and-raise quarters amid the AI boom.

Fixed Income

Treasury yields were volatile throughout the session before ultimately pulling back. The benchmark 10-year Treasury note yield slipped less than 1 basis point to 4.564%, while the 30-year bond yield fell more than 2 basis points to 5.09%.

The earlier spike in yields came as crude prices initially jumped on reports that Iran’s supreme leader issued a directive to keep enriched uranium within the country, complicating prospects for a resolution to the U.S.-Iran conflict.

Energy Markets

Oil prices retreated sharply Thursday as diplomatic headlines capped supply-risk premiums. West Texas Intermediate crude futures fell $2.02 or 2.06% to close at $96.24 per barrel, while international benchmark Brent crude dropped $2.45 or 2.33% to settle at $102.57.

The Brent-WTI spread held at approximately $6.33. While the pullback offered some relief at the pump, analysts cautioned that tight inventories and Strait of Hormuz shipping constraints remain supportive of prices.

Currencies & Commodities

The Cboe Volatility Index, or VIX, settled around 17.12, down 2.3% on the session. The Wealth Alliance CEO Robert Conzo noted that the current VIX level signals investors are “feeling pretty comfortable” given strong earnings, low unemployment, and the proliferation of artificial intelligence.

President Donald Trump said the administration was in the “final stages” of negotiations with Iran, according to a pool report, helping lift investor spirits after three consecutive days of S&P 500 declines.

Forward Look

All eyes remain on Washington and Tehran as traders monitor developments in the Iran negotiations. “If inflation kicks up because oil prices stay at $100 or more, which could happen, there could be short-term concerns around that, and you’ll hear a lot of headline risk,” Conzo said.

Earnings season continues with investors digesting reports across sectors. The market’s ability to hold record highs will depend on whether diplomatic progress can sustain the recent optimism.

Market Watch

Market Watch — May 21, 2026

· · 2 min read

By Market Watch Writer • May 21, 2026 • 3 min read

S&P 500
7,445.72
+0.17%
Nasdaq
26,293.10
+0.09%
Dow Jones
50,285.66
+0.55% Record
Russell 2000
2,189.45
+0.42%
10Y Treasury
4.564%
-0.01 bps
VIX
17.12
-2.3%
WTI Crude
$96.24
-2.06%
Brent Crude
$102.57
-2.33%

U.S. Equities

The Dow Jones Industrial Average surged to a record close Thursday, gaining 276.31 points or 0.55% to finish at 50,285.66. The milestone came as oil prices retreated from recent highs and investors grew optimistic about potential progress in U.S.-Iran negotiations.

The S&P 500 added 0.17% to close at 7,445.72, while the Nasdaq Composite edged up 0.09% to 26,293.10. The modest gains for the broader indexes reflected cautious optimism even as geopolitical tensions in the Middle East continued to dominate headlines.

Nvidia shares fell 1.8% despite the chipmaker breezing past Wall Street expectations for earnings and guidance. The company also announced a hike in its quarterly cash dividend to 25 cents, but investors have come to expect beat-and-raise quarters amid the AI boom.

Fixed Income

Treasury yields were volatile throughout the session before ultimately pulling back. The benchmark 10-year Treasury note yield slipped less than 1 basis point to 4.564%, while the 30-year bond yield fell more than 2 basis points to 5.09%.

The earlier spike in yields came as crude prices initially jumped on reports that Iran’s supreme leader issued a directive to keep enriched uranium within the country, complicating prospects for a resolution to the U.S.-Iran conflict.

Energy Markets

Oil prices retreated sharply Thursday as diplomatic headlines capped supply-risk premiums. West Texas Intermediate crude futures fell $2.02 or 2.06% to close at $96.24 per barrel, while international benchmark Brent crude dropped $2.45 or 2.33% to settle at $102.57.

The Brent-WTI spread held at approximately $6.33. While the pullback offered some relief at the pump, analysts cautioned that tight inventories and Strait of Hormuz shipping constraints remain supportive of prices.

Currencies & Commodities

The Cboe Volatility Index, or VIX, settled around 17.12, down 2.3% on the session. The Wealth Alliance CEO Robert Conzo noted that the current VIX level signals investors are “feeling pretty comfortable” given strong earnings, low unemployment, and the proliferation of artificial intelligence.

President Donald Trump said the administration was in the “final stages” of negotiations with Iran, according to a pool report, helping lift investor spirits after three consecutive days of S&P 500 declines.

Forward Look

All eyes remain on Washington and Tehran as traders monitor developments in the Iran negotiations. “If inflation kicks up because oil prices stay at $100 or more, which could happen, there could be short-term concerns around that, and you’ll hear a lot of headline risk,” Conzo said.

Earnings season continues with investors digesting reports across sectors. The market’s ability to hold record highs will depend on whether diplomatic progress can sustain the recent optimism.

Market Watch

Market Watch — May 21, 2026

· · 2 min read

By Market Watch Writer • May 21, 2026 • 3 min read

S&P 500
7,445.72
+0.17%
Nasdaq
26,293.10
+0.09%
Dow Jones
50,285.66
+0.55% Record
Russell 2000
2,189.45
+0.42%
10Y Treasury
4.564%
-0.01 bps
VIX
17.12
-2.3%
WTI Crude
$96.24
-2.06%
Brent Crude
$102.57
-2.33%

U.S. Equities

The Dow Jones Industrial Average surged to a record close Thursday, gaining 276.31 points or 0.55% to finish at 50,285.66. The milestone came as oil prices retreated from recent highs and investors grew optimistic about potential progress in U.S.-Iran negotiations.

The S&P 500 added 0.17% to close at 7,445.72, while the Nasdaq Composite edged up 0.09% to 26,293.10. The modest gains for the broader indexes reflected cautious optimism even as geopolitical tensions in the Middle East continued to dominate headlines.

Nvidia shares fell 1.8% despite the chipmaker breezing past Wall Street expectations for earnings and guidance. The company also announced a hike in its quarterly cash dividend to 25 cents, but investors have come to expect beat-and-raise quarters amid the AI boom.

Fixed Income

Treasury yields were volatile throughout the session before ultimately pulling back. The benchmark 10-year Treasury note yield slipped less than 1 basis point to 4.564%, while the 30-year bond yield fell more than 2 basis points to 5.09%.

The earlier spike in yields came as crude prices initially jumped on reports that Iran’s supreme leader issued a directive to keep enriched uranium within the country, complicating prospects for a resolution to the U.S.-Iran conflict.

Energy Markets

Oil prices retreated sharply Thursday as diplomatic headlines capped supply-risk premiums. West Texas Intermediate crude futures fell $2.02 or 2.06% to close at $96.24 per barrel, while international benchmark Brent crude dropped $2.45 or 2.33% to settle at $102.57.

The Brent-WTI spread held at approximately $6.33. While the pullback offered some relief at the pump, analysts cautioned that tight inventories and Strait of Hormuz shipping constraints remain supportive of prices.

Currencies & Commodities

The Cboe Volatility Index, or VIX, settled around 17.12, down 2.3% on the session. The Wealth Alliance CEO Robert Conzo noted that the current VIX level signals investors are “feeling pretty comfortable” given strong earnings, low unemployment, and the proliferation of artificial intelligence.

President Donald Trump said the administration was in the “final stages” of negotiations with Iran, according to a pool report, helping lift investor spirits after three consecutive days of S&P 500 declines.

Forward Look

All eyes remain on Washington and Tehran as traders monitor developments in the Iran negotiations. “If inflation kicks up because oil prices stay at $100 or more, which could happen, there could be short-term concerns around that, and you’ll hear a lot of headline risk,” Conzo said.

Earnings season continues with investors digesting reports across sectors. The market’s ability to hold record highs will depend on whether diplomatic progress can sustain the recent optimism.

Market Watch

Market Watch — May 21, 2026

· · 2 min read

By Market Watch Writer • May 21, 2026 • 3 min read

S&P 500
7,445.72
+0.17%
Nasdaq
26,293.10
+0.09%
Dow Jones
50,285.66
+0.55% Record
Russell 2000
2,189.45
+0.42%
10Y Treasury
4.564%
-0.01 bps
VIX
17.12
-2.3%
WTI Crude
$96.24
-2.06%
Brent Crude
$102.57
-2.33%

U.S. Equities

The Dow Jones Industrial Average surged to a record close Thursday, gaining 276.31 points or 0.55% to finish at 50,285.66. The milestone came as oil prices retreated from recent highs and investors grew optimistic about potential progress in U.S.-Iran negotiations.

The S&P 500 added 0.17% to close at 7,445.72, while the Nasdaq Composite edged up 0.09% to 26,293.10. The modest gains for the broader indexes reflected cautious optimism even as geopolitical tensions in the Middle East continued to dominate headlines.

Nvidia shares fell 1.8% despite the chipmaker breezing past Wall Street expectations for earnings and guidance. The company also announced a hike in its quarterly cash dividend to 25 cents, but investors have come to expect beat-and-raise quarters amid the AI boom.

Fixed Income

Treasury yields were volatile throughout the session before ultimately pulling back. The benchmark 10-year Treasury note yield slipped less than 1 basis point to 4.564%, while the 30-year bond yield fell more than 2 basis points to 5.09%.

The earlier spike in yields came as crude prices initially jumped on reports that Iran’s supreme leader issued a directive to keep enriched uranium within the country, complicating prospects for a resolution to the U.S.-Iran conflict.

Energy Markets

Oil prices retreated sharply Thursday as diplomatic headlines capped supply-risk premiums. West Texas Intermediate crude futures fell $2.02 or 2.06% to close at $96.24 per barrel, while international benchmark Brent crude dropped $2.45 or 2.33% to settle at $102.57.

The Brent-WTI spread held at approximately $6.33. While the pullback offered some relief at the pump, analysts cautioned that tight inventories and Strait of Hormuz shipping constraints remain supportive of prices.

Currencies & Commodities

The Cboe Volatility Index, or VIX, settled around 17.12, down 2.3% on the session. The Wealth Alliance CEO Robert Conzo noted that the current VIX level signals investors are “feeling pretty comfortable” given strong earnings, low unemployment, and the proliferation of artificial intelligence.

President Donald Trump said the administration was in the “final stages” of negotiations with Iran, according to a pool report, helping lift investor spirits after three consecutive days of S&P 500 declines.

Forward Look

All eyes remain on Washington and Tehran as traders monitor developments in the Iran negotiations. “If inflation kicks up because oil prices stay at $100 or more, which could happen, there could be short-term concerns around that, and you’ll hear a lot of headline risk,” Conzo said.

Earnings season continues with investors digesting reports across sectors. The market’s ability to hold record highs will depend on whether diplomatic progress can sustain the recent optimism.

Market Watch

Market Watch — May 21, 2026

· · 2 min read

By Market Watch Writer • May 21, 2026 • 3 min read

S&P 500
7,445.72
+0.17%
Nasdaq
26,293.10
+0.09%
Dow Jones
50,285.66
+0.55% Record
Russell 2000
2,189.45
+0.42%
10Y Treasury
4.564%
-0.01 bps
VIX
17.12
-2.3%
WTI Crude
$96.24
-2.06%
Brent Crude
$102.57
-2.33%

U.S. Equities

The Dow Jones Industrial Average surged to a record close Thursday, gaining 276.31 points or 0.55% to finish at 50,285.66. The milestone came as oil prices retreated from recent highs and investors grew optimistic about potential progress in U.S.-Iran negotiations.

The S&P 500 added 0.17% to close at 7,445.72, while the Nasdaq Composite edged up 0.09% to 26,293.10. The modest gains for the broader indexes reflected cautious optimism even as geopolitical tensions in the Middle East continued to dominate headlines.

Nvidia shares fell 1.8% despite the chipmaker breezing past Wall Street expectations for earnings and guidance. The company also announced a hike in its quarterly cash dividend to 25 cents, but investors have come to expect beat-and-raise quarters amid the AI boom.

Fixed Income

Treasury yields were volatile throughout the session before ultimately pulling back. The benchmark 10-year Treasury note yield slipped less than 1 basis point to 4.564%, while the 30-year bond yield fell more than 2 basis points to 5.09%.

The earlier spike in yields came as crude prices initially jumped on reports that Iran’s supreme leader issued a directive to keep enriched uranium within the country, complicating prospects for a resolution to the U.S.-Iran conflict.

Energy Markets

Oil prices retreated sharply Thursday as diplomatic headlines capped supply-risk premiums. West Texas Intermediate crude futures fell $2.02 or 2.06% to close at $96.24 per barrel, while international benchmark Brent crude dropped $2.45 or 2.33% to settle at $102.57.

The Brent-WTI spread held at approximately $6.33. While the pullback offered some relief at the pump, analysts cautioned that tight inventories and Strait of Hormuz shipping constraints remain supportive of prices.

Currencies & Commodities

The Cboe Volatility Index, or VIX, settled around 17.12, down 2.3% on the session. The Wealth Alliance CEO Robert Conzo noted that the current VIX level signals investors are “feeling pretty comfortable” given strong earnings, low unemployment, and the proliferation of artificial intelligence.

President Donald Trump said the administration was in the “final stages” of negotiations with Iran, according to a pool report, helping lift investor spirits after three consecutive days of S&P 500 declines.

Forward Look

All eyes remain on Washington and Tehran as traders monitor developments in the Iran negotiations. “If inflation kicks up because oil prices stay at $100 or more, which could happen, there could be short-term concerns around that, and you’ll hear a lot of headline risk,” Conzo said.

Earnings season continues with investors digesting reports across sectors. The market’s ability to hold record highs will depend on whether diplomatic progress can sustain the recent optimism.

Market Watch

Market Watch — May 21, 2026

· · 2 min read

By Market Watch Writer • May 21, 2026 • 3 min read

S&P 500
7,445.72
+0.17%
Nasdaq
26,293.10
+0.09%
Dow Jones
50,285.66
+0.55% Record
Russell 2000
2,189.45
+0.42%
10Y Treasury
4.564%
-0.01 bps
VIX
17.12
-2.3%
WTI Crude
$96.24
-2.06%
Brent Crude
$102.57
-2.33%

U.S. Equities

The Dow Jones Industrial Average surged to a record close Thursday, gaining 276.31 points or 0.55% to finish at 50,285.66. The milestone came as oil prices retreated from recent highs and investors grew optimistic about potential progress in U.S.-Iran negotiations.

The S&P 500 added 0.17% to close at 7,445.72, while the Nasdaq Composite edged up 0.09% to 26,293.10. The modest gains for the broader indexes reflected cautious optimism even as geopolitical tensions in the Middle East continued to dominate headlines.

Nvidia shares fell 1.8% despite the chipmaker breezing past Wall Street expectations for earnings and guidance. The company also announced a hike in its quarterly cash dividend to 25 cents, but investors have come to expect beat-and-raise quarters amid the AI boom.

Fixed Income

Treasury yields were volatile throughout the session before ultimately pulling back. The benchmark 10-year Treasury note yield slipped less than 1 basis point to 4.564%, while the 30-year bond yield fell more than 2 basis points to 5.09%.

The earlier spike in yields came as crude prices initially jumped on reports that Iran’s supreme leader issued a directive to keep enriched uranium within the country, complicating prospects for a resolution to the U.S.-Iran conflict.

Energy Markets

Oil prices retreated sharply Thursday as diplomatic headlines capped supply-risk premiums. West Texas Intermediate crude futures fell $2.02 or 2.06% to close at $96.24 per barrel, while international benchmark Brent crude dropped $2.45 or 2.33% to settle at $102.57.

The Brent-WTI spread held at approximately $6.33. While the pullback offered some relief at the pump, analysts cautioned that tight inventories and Strait of Hormuz shipping constraints remain supportive of prices.

Currencies & Commodities

The Cboe Volatility Index, or VIX, settled around 17.12, down 2.3% on the session. The Wealth Alliance CEO Robert Conzo noted that the current VIX level signals investors are “feeling pretty comfortable” given strong earnings, low unemployment, and the proliferation of artificial intelligence.

President Donald Trump said the administration was in the “final stages” of negotiations with Iran, according to a pool report, helping lift investor spirits after three consecutive days of S&P 500 declines.

Forward Look

All eyes remain on Washington and Tehran as traders monitor developments in the Iran negotiations. “If inflation kicks up because oil prices stay at $100 or more, which could happen, there could be short-term concerns around that, and you’ll hear a lot of headline risk,” Conzo said.

Earnings season continues with investors digesting reports across sectors. The market’s ability to hold record highs will depend on whether diplomatic progress can sustain the recent optimism.

Market Watch

Market Watch — May 21, 2026

· · 2 min read

By Market Watch Writer • May 21, 2026 • 3 min read

S&P 500
7,445.72
+0.17%
Nasdaq
26,293.10
+0.09%
Dow Jones
50,285.66
+0.55% Record
Russell 2000
2,189.45
+0.42%
10Y Treasury
4.564%
-0.01 bps
VIX
17.12
-2.3%
WTI Crude
$96.24
-2.06%
Brent Crude
$102.57
-2.33%

U.S. Equities

The Dow Jones Industrial Average surged to a record close Thursday, gaining 276.31 points or 0.55% to finish at 50,285.66. The milestone came as oil prices retreated from recent highs and investors grew optimistic about potential progress in U.S.-Iran negotiations.

The S&P 500 added 0.17% to close at 7,445.72, while the Nasdaq Composite edged up 0.09% to 26,293.10. The modest gains for the broader indexes reflected cautious optimism even as geopolitical tensions in the Middle East continued to dominate headlines.

Nvidia shares fell 1.8% despite the chipmaker breezing past Wall Street expectations for earnings and guidance. The company also announced a hike in its quarterly cash dividend to 25 cents, but investors have come to expect beat-and-raise quarters amid the AI boom.

Fixed Income

Treasury yields were volatile throughout the session before ultimately pulling back. The benchmark 10-year Treasury note yield slipped less than 1 basis point to 4.564%, while the 30-year bond yield fell more than 2 basis points to 5.09%.

The earlier spike in yields came as crude prices initially jumped on reports that Iran’s supreme leader issued a directive to keep enriched uranium within the country, complicating prospects for a resolution to the U.S.-Iran conflict.

Energy Markets

Oil prices retreated sharply Thursday as diplomatic headlines capped supply-risk premiums. West Texas Intermediate crude futures fell $2.02 or 2.06% to close at $96.24 per barrel, while international benchmark Brent crude dropped $2.45 or 2.33% to settle at $102.57.

The Brent-WTI spread held at approximately $6.33. While the pullback offered some relief at the pump, analysts cautioned that tight inventories and Strait of Hormuz shipping constraints remain supportive of prices.

Currencies & Commodities

The Cboe Volatility Index, or VIX, settled around 17.12, down 2.3% on the session. The Wealth Alliance CEO Robert Conzo noted that the current VIX level signals investors are “feeling pretty comfortable” given strong earnings, low unemployment, and the proliferation of artificial intelligence.

President Donald Trump said the administration was in the “final stages” of negotiations with Iran, according to a pool report, helping lift investor spirits after three consecutive days of S&P 500 declines.

Forward Look

All eyes remain on Washington and Tehran as traders monitor developments in the Iran negotiations. “If inflation kicks up because oil prices stay at $100 or more, which could happen, there could be short-term concerns around that, and you’ll hear a lot of headline risk,” Conzo said.

Earnings season continues with investors digesting reports across sectors. The market’s ability to hold record highs will depend on whether diplomatic progress can sustain the recent optimism.

Market Watch

Market Watch — May 21, 2026

· · 2 min read

By Market Watch Writer • May 21, 2026 • 3 min read

S&P 500
7,445.72
+0.17%
Nasdaq
26,293.10
+0.09%
Dow Jones
50,285.66
+0.55% Record
Russell 2000
2,189.45
+0.42%
10Y Treasury
4.564%
-0.01 bps
VIX
17.12
-2.3%
WTI Crude
$96.24
-2.06%
Brent Crude
$102.57
-2.33%

U.S. Equities

The Dow Jones Industrial Average surged to a record close Thursday, gaining 276.31 points or 0.55% to finish at 50,285.66. The milestone came as oil prices retreated from recent highs and investors grew optimistic about potential progress in U.S.-Iran negotiations.

The S&P 500 added 0.17% to close at 7,445.72, while the Nasdaq Composite edged up 0.09% to 26,293.10. The modest gains for the broader indexes reflected cautious optimism even as geopolitical tensions in the Middle East continued to dominate headlines.

Nvidia shares fell 1.8% despite the chipmaker breezing past Wall Street expectations for earnings and guidance. The company also announced a hike in its quarterly cash dividend to 25 cents, but investors have come to expect beat-and-raise quarters amid the AI boom.

Fixed Income

Treasury yields were volatile throughout the session before ultimately pulling back. The benchmark 10-year Treasury note yield slipped less than 1 basis point to 4.564%, while the 30-year bond yield fell more than 2 basis points to 5.09%.

The earlier spike in yields came as crude prices initially jumped on reports that Iran’s supreme leader issued a directive to keep enriched uranium within the country, complicating prospects for a resolution to the U.S.-Iran conflict.

Energy Markets

Oil prices retreated sharply Thursday as diplomatic headlines capped supply-risk premiums. West Texas Intermediate crude futures fell $2.02 or 2.06% to close at $96.24 per barrel, while international benchmark Brent crude dropped $2.45 or 2.33% to settle at $102.57.

The Brent-WTI spread held at approximately $6.33. While the pullback offered some relief at the pump, analysts cautioned that tight inventories and Strait of Hormuz shipping constraints remain supportive of prices.

Currencies & Commodities

The Cboe Volatility Index, or VIX, settled around 17.12, down 2.3% on the session. The Wealth Alliance CEO Robert Conzo noted that the current VIX level signals investors are “feeling pretty comfortable” given strong earnings, low unemployment, and the proliferation of artificial intelligence.

President Donald Trump said the administration was in the “final stages” of negotiations with Iran, according to a pool report, helping lift investor spirits after three consecutive days of S&P 500 declines.

Forward Look

All eyes remain on Washington and Tehran as traders monitor developments in the Iran negotiations. “If inflation kicks up because oil prices stay at $100 or more, which could happen, there could be short-term concerns around that, and you’ll hear a lot of headline risk,” Conzo said.

Earnings season continues with investors digesting reports across sectors. The market’s ability to hold record highs will depend on whether diplomatic progress can sustain the recent optimism.

Market Watch

Market Watch — May 21, 2026

· · 2 min read

By Market Watch Writer • May 21, 2026 • 3 min read

S&P 500
7,445.72
+0.17%
Nasdaq
26,293.10
+0.09%
Dow Jones
50,285.66
+0.55% Record
Russell 2000
2,189.45
+0.42%
10Y Treasury
4.564%
-0.01 bps
VIX
17.12
-2.3%
WTI Crude
$96.24
-2.06%
Brent Crude
$102.57
-2.33%

U.S. Equities

The Dow Jones Industrial Average surged to a record close Thursday, gaining 276.31 points or 0.55% to finish at 50,285.66. The milestone came as oil prices retreated from recent highs and investors grew optimistic about potential progress in U.S.-Iran negotiations.

The S&P 500 added 0.17% to close at 7,445.72, while the Nasdaq Composite edged up 0.09% to 26,293.10. The modest gains for the broader indexes reflected cautious optimism even as geopolitical tensions in the Middle East continued to dominate headlines.

Nvidia shares fell 1.8% despite the chipmaker breezing past Wall Street expectations for earnings and guidance. The company also announced a hike in its quarterly cash dividend to 25 cents, but investors have come to expect beat-and-raise quarters amid the AI boom.

Fixed Income

Treasury yields were volatile throughout the session before ultimately pulling back. The benchmark 10-year Treasury note yield slipped less than 1 basis point to 4.564%, while the 30-year bond yield fell more than 2 basis points to 5.09%.

The earlier spike in yields came as crude prices initially jumped on reports that Iran’s supreme leader issued a directive to keep enriched uranium within the country, complicating prospects for a resolution to the U.S.-Iran conflict.

Energy Markets

Oil prices retreated sharply Thursday as diplomatic headlines capped supply-risk premiums. West Texas Intermediate crude futures fell $2.02 or 2.06% to close at $96.24 per barrel, while international benchmark Brent crude dropped $2.45 or 2.33% to settle at $102.57.

The Brent-WTI spread held at approximately $6.33. While the pullback offered some relief at the pump, analysts cautioned that tight inventories and Strait of Hormuz shipping constraints remain supportive of prices.

Currencies & Commodities

The Cboe Volatility Index, or VIX, settled around 17.12, down 2.3% on the session. The Wealth Alliance CEO Robert Conzo noted that the current VIX level signals investors are “feeling pretty comfortable” given strong earnings, low unemployment, and the proliferation of artificial intelligence.

President Donald Trump said the administration was in the “final stages” of negotiations with Iran, according to a pool report, helping lift investor spirits after three consecutive days of S&P 500 declines.

Forward Look

All eyes remain on Washington and Tehran as traders monitor developments in the Iran negotiations. “If inflation kicks up because oil prices stay at $100 or more, which could happen, there could be short-term concerns around that, and you’ll hear a lot of headline risk,” Conzo said.

Earnings season continues with investors digesting reports across sectors. The market’s ability to hold record highs will depend on whether diplomatic progress can sustain the recent optimism.

Market Watch

Market Watch — May 21, 2026

· · 2 min read

By Market Watch Writer • May 21, 2026 • 3 min read

S&P 500
7,445.72
+0.17%
Nasdaq
26,293.10
+0.09%
Dow Jones
50,285.66
+0.55% Record
Russell 2000
2,189.45
+0.42%
10Y Treasury
4.564%
-0.01 bps
VIX
17.12
-2.3%
WTI Crude
$96.24
-2.06%
Brent Crude
$102.57
-2.33%

U.S. Equities

The Dow Jones Industrial Average surged to a record close Thursday, gaining 276.31 points or 0.55% to finish at 50,285.66. The milestone came as oil prices retreated from recent highs and investors grew optimistic about potential progress in U.S.-Iran negotiations.

The S&P 500 added 0.17% to close at 7,445.72, while the Nasdaq Composite edged up 0.09% to 26,293.10. The modest gains for the broader indexes reflected cautious optimism even as geopolitical tensions in the Middle East continued to dominate headlines.

Nvidia shares fell 1.8% despite the chipmaker breezing past Wall Street expectations for earnings and guidance. The company also announced a hike in its quarterly cash dividend to 25 cents, but investors have come to expect beat-and-raise quarters amid the AI boom.

Fixed Income

Treasury yields were volatile throughout the session before ultimately pulling back. The benchmark 10-year Treasury note yield slipped less than 1 basis point to 4.564%, while the 30-year bond yield fell more than 2 basis points to 5.09%.

The earlier spike in yields came as crude prices initially jumped on reports that Iran’s supreme leader issued a directive to keep enriched uranium within the country, complicating prospects for a resolution to the U.S.-Iran conflict.

Energy Markets

Oil prices retreated sharply Thursday as diplomatic headlines capped supply-risk premiums. West Texas Intermediate crude futures fell $2.02 or 2.06% to close at $96.24 per barrel, while international benchmark Brent crude dropped $2.45 or 2.33% to settle at $102.57.

The Brent-WTI spread held at approximately $6.33. While the pullback offered some relief at the pump, analysts cautioned that tight inventories and Strait of Hormuz shipping constraints remain supportive of prices.

Currencies & Commodities

The Cboe Volatility Index, or VIX, settled around 17.12, down 2.3% on the session. The Wealth Alliance CEO Robert Conzo noted that the current VIX level signals investors are “feeling pretty comfortable” given strong earnings, low unemployment, and the proliferation of artificial intelligence.

President Donald Trump said the administration was in the “final stages” of negotiations with Iran, according to a pool report, helping lift investor spirits after three consecutive days of S&P 500 declines.

Forward Look

All eyes remain on Washington and Tehran as traders monitor developments in the Iran negotiations. “If inflation kicks up because oil prices stay at $100 or more, which could happen, there could be short-term concerns around that, and you’ll hear a lot of headline risk,” Conzo said.

Earnings season continues with investors digesting reports across sectors. The market’s ability to hold record highs will depend on whether diplomatic progress can sustain the recent optimism.

Market Watch

Market Watch — May 21, 2026

· · 2 min read

By Market Watch Writer • May 21, 2026 • 3 min read

S&P 500
7,445.72
+0.17%
Nasdaq
26,293.10
+0.09%
Dow Jones
50,285.66
+0.55% Record
Russell 2000
2,189.45
+0.42%
10Y Treasury
4.564%
-0.01 bps
VIX
17.12
-2.3%
WTI Crude
$96.24
-2.06%
Brent Crude
$102.57
-2.33%

U.S. Equities

The Dow Jones Industrial Average surged to a record close Thursday, gaining 276.31 points or 0.55% to finish at 50,285.66. The milestone came as oil prices retreated from recent highs and investors grew optimistic about potential progress in U.S.-Iran negotiations.

The S&P 500 added 0.17% to close at 7,445.72, while the Nasdaq Composite edged up 0.09% to 26,293.10. The modest gains for the broader indexes reflected cautious optimism even as geopolitical tensions in the Middle East continued to dominate headlines.

Nvidia shares fell 1.8% despite the chipmaker breezing past Wall Street expectations for earnings and guidance. The company also announced a hike in its quarterly cash dividend to 25 cents, but investors have come to expect beat-and-raise quarters amid the AI boom.

Fixed Income

Treasury yields were volatile throughout the session before ultimately pulling back. The benchmark 10-year Treasury note yield slipped less than 1 basis point to 4.564%, while the 30-year bond yield fell more than 2 basis points to 5.09%.

The earlier spike in yields came as crude prices initially jumped on reports that Iran’s supreme leader issued a directive to keep enriched uranium within the country, complicating prospects for a resolution to the U.S.-Iran conflict.

Energy Markets

Oil prices retreated sharply Thursday as diplomatic headlines capped supply-risk premiums. West Texas Intermediate crude futures fell $2.02 or 2.06% to close at $96.24 per barrel, while international benchmark Brent crude dropped $2.45 or 2.33% to settle at $102.57.

The Brent-WTI spread held at approximately $6.33. While the pullback offered some relief at the pump, analysts cautioned that tight inventories and Strait of Hormuz shipping constraints remain supportive of prices.

Currencies & Commodities

The Cboe Volatility Index, or VIX, settled around 17.12, down 2.3% on the session. The Wealth Alliance CEO Robert Conzo noted that the current VIX level signals investors are “feeling pretty comfortable” given strong earnings, low unemployment, and the proliferation of artificial intelligence.

President Donald Trump said the administration was in the “final stages” of negotiations with Iran, according to a pool report, helping lift investor spirits after three consecutive days of S&P 500 declines.

Forward Look

All eyes remain on Washington and Tehran as traders monitor developments in the Iran negotiations. “If inflation kicks up because oil prices stay at $100 or more, which could happen, there could be short-term concerns around that, and you’ll hear a lot of headline risk,” Conzo said.

Earnings season continues with investors digesting reports across sectors. The market’s ability to hold record highs will depend on whether diplomatic progress can sustain the recent optimism.

Market Watch

Market Watch — May 21, 2026

· · 2 min read

By Market Watch Writer • May 21, 2026 • 3 min read

S&P 500
7,445.72
+0.17%
Nasdaq
26,293.10
+0.09%
Dow Jones
50,285.66
+0.55% Record
Russell 2000
2,189.45
+0.42%
10Y Treasury
4.564%
-0.01 bps
VIX
17.12
-2.3%
WTI Crude
$96.24
-2.06%
Brent Crude
$102.57
-2.33%

U.S. Equities

The Dow Jones Industrial Average surged to a record close Thursday, gaining 276.31 points or 0.55% to finish at 50,285.66. The milestone came as oil prices retreated from recent highs and investors grew optimistic about potential progress in U.S.-Iran negotiations.

The S&P 500 added 0.17% to close at 7,445.72, while the Nasdaq Composite edged up 0.09% to 26,293.10. The modest gains for the broader indexes reflected cautious optimism even as geopolitical tensions in the Middle East continued to dominate headlines.

Nvidia shares fell 1.8% despite the chipmaker breezing past Wall Street expectations for earnings and guidance. The company also announced a hike in its quarterly cash dividend to 25 cents, but investors have come to expect beat-and-raise quarters amid the AI boom.

Fixed Income

Treasury yields were volatile throughout the session before ultimately pulling back. The benchmark 10-year Treasury note yield slipped less than 1 basis point to 4.564%, while the 30-year bond yield fell more than 2 basis points to 5.09%.

The earlier spike in yields came as crude prices initially jumped on reports that Iran’s supreme leader issued a directive to keep enriched uranium within the country, complicating prospects for a resolution to the U.S.-Iran conflict.

Energy Markets

Oil prices retreated sharply Thursday as diplomatic headlines capped supply-risk premiums. West Texas Intermediate crude futures fell $2.02 or 2.06% to close at $96.24 per barrel, while international benchmark Brent crude dropped $2.45 or 2.33% to settle at $102.57.

The Brent-WTI spread held at approximately $6.33. While the pullback offered some relief at the pump, analysts cautioned that tight inventories and Strait of Hormuz shipping constraints remain supportive of prices.

Currencies & Commodities

The Cboe Volatility Index, or VIX, settled around 17.12, down 2.3% on the session. The Wealth Alliance CEO Robert Conzo noted that the current VIX level signals investors are “feeling pretty comfortable” given strong earnings, low unemployment, and the proliferation of artificial intelligence.

President Donald Trump said the administration was in the “final stages” of negotiations with Iran, according to a pool report, helping lift investor spirits after three consecutive days of S&P 500 declines.

Forward Look

All eyes remain on Washington and Tehran as traders monitor developments in the Iran negotiations. “If inflation kicks up because oil prices stay at $100 or more, which could happen, there could be short-term concerns around that, and you’ll hear a lot of headline risk,” Conzo said.

Earnings season continues with investors digesting reports across sectors. The market’s ability to hold record highs will depend on whether diplomatic progress can sustain the recent optimism.

Market Watch

Market Watch — May 21, 2026

· · 2 min read
S&P 500
7,445.72
+0.17%
Nasdaq
26,293.10
+0.09%
Dow Jones
50,285.66
+0.55% Record
Russell 2000
2,189.45
+0.42%
10Y Treasury
4.564%
-0.01 bps
VIX
17.12
-2.3%
WTI Crude
$96.24
-2.06%
Brent Crude
$102.57
-2.33%

U.S. Equities

The Dow Jones Industrial Average surged to a record close Thursday, gaining 276.31 points or 0.55% to finish at 50,285.66. The milestone came as oil prices retreated from recent highs and investors grew optimistic about potential progress in U.S.-Iran negotiations.

The S&P 500 added 0.17% to close at 7,445.72, while the Nasdaq Composite edged up 0.09% to 26,293.10. The modest gains for the broader indexes reflected cautious optimism even as geopolitical tensions in the Middle East continued to dominate headlines.

Nvidia shares fell 1.8% despite the chipmaker breezing past Wall Street expectations for earnings and guidance. The company also announced a hike in its quarterly cash dividend to 25 cents, but investors have come to expect beat-and-raise quarters amid the AI boom.

Fixed Income

Treasury yields were volatile throughout the session before ultimately pulling back. The benchmark 10-year Treasury note yield slipped less than 1 basis point to 4.564%, while the 30-year bond yield fell more than 2 basis points to 5.09%.

The earlier spike in yields came as crude prices initially jumped on reports that Iran’s supreme leader issued a directive to keep enriched uranium within the country, complicating prospects for a resolution to the U.S.-Iran conflict.

Energy Markets

Oil prices retreated sharply Thursday as diplomatic headlines capped supply-risk premiums. West Texas Intermediate crude futures fell $2.02 or 2.06% to close at $96.24 per barrel, while international benchmark Brent crude dropped $2.45 or 2.33% to settle at $102.57.

The Brent-WTI spread held at approximately $6.33. While the pullback offered some relief at the pump, analysts cautioned that tight inventories and Strait of Hormuz shipping constraints remain supportive of prices.

Currencies & Commodities

The Cboe Volatility Index, or VIX, settled around 17.12, down 2.3% on the session. The Wealth Alliance CEO Robert Conzo noted that the current VIX level signals investors are “feeling pretty comfortable” given strong earnings, low unemployment, and the proliferation of artificial intelligence.

President Donald Trump said the administration was in the “final stages” of negotiations with Iran, according to a pool report, helping lift investor spirits after three consecutive days of S&P 500 declines.

Forward Look

All eyes remain on Washington and Tehran as traders monitor developments in the Iran negotiations. “If inflation kicks up because oil prices stay at $100 or more, which could happen, there could be short-term concerns around that, and you’ll hear a lot of headline risk,” Conzo said.

Earnings season continues with investors digesting reports across sectors. The market’s ability to hold record highs will depend on whether diplomatic progress can sustain the recent optimism.

Market Watch

Market Watch — May 21, 2026

· · 2 min read
S&P 500
7,445.72
+0.17%
Nasdaq
26,293.10
+0.09%
Dow Jones
50,285.66
+0.55% Record
Russell 2000
2,189.45
+0.42%
10Y Treasury
4.564%
-0.01 bps
VIX
17.12
-2.3%
WTI Crude
$96.24
-2.06%
Brent Crude
$102.57
-2.33%

U.S. Equities

The Dow Jones Industrial Average surged to a record close Thursday, gaining 276.31 points or 0.55% to finish at 50,285.66. The milestone came as oil prices retreated from recent highs and investors grew optimistic about potential progress in U.S.-Iran negotiations.

The S&P 500 added 0.17% to close at 7,445.72, while the Nasdaq Composite edged up 0.09% to 26,293.10. The modest gains for the broader indexes reflected cautious optimism even as geopolitical tensions in the Middle East continued to dominate headlines.

Nvidia shares fell 1.8% despite the chipmaker breezing past Wall Street expectations for earnings and guidance. The company also announced a hike in its quarterly cash dividend to 25 cents, but investors have come to expect beat-and-raise quarters amid the AI boom.

Fixed Income

Treasury yields were volatile throughout the session before ultimately pulling back. The benchmark 10-year Treasury note yield slipped less than 1 basis point to 4.564%, while the 30-year bond yield fell more than 2 basis points to 5.09%.

The earlier spike in yields came as crude prices initially jumped on reports that Iran’s supreme leader issued a directive to keep enriched uranium within the country, complicating prospects for a resolution to the U.S.-Iran conflict.

Energy Markets

Oil prices retreated sharply Thursday as diplomatic headlines capped supply-risk premiums. West Texas Intermediate crude futures fell $2.02 or 2.06% to close at $96.24 per barrel, while international benchmark Brent crude dropped $2.45 or 2.33% to settle at $102.57.

The Brent-WTI spread held at approximately $6.33. While the pullback offered some relief at the pump, analysts cautioned that tight inventories and Strait of Hormuz shipping constraints remain supportive of prices.

Currencies & Commodities

The Cboe Volatility Index, or VIX, settled around 17.12, down 2.3% on the session. The Wealth Alliance CEO Robert Conzo noted that the current VIX level signals investors are “feeling pretty comfortable” given strong earnings, low unemployment, and the proliferation of artificial intelligence.

President Donald Trump said the administration was in the “final stages” of negotiations with Iran, according to a pool report, helping lift investor spirits after three consecutive days of S&P 500 declines.

Forward Look

All eyes remain on Washington and Tehran as traders monitor developments in the Iran negotiations. “If inflation kicks up because oil prices stay at $100 or more, which could happen, there could be short-term concerns around that, and you’ll hear a lot of headline risk,” Conzo said.

Earnings season continues with investors digesting reports across sectors. The market’s ability to hold record highs will depend on whether diplomatic progress can sustain the recent optimism.

Market Watch

Market Watch — May 21, 2026

· · 2 min read
S&P 500
7,445.72
+0.17%
Nasdaq
26,293.10
+0.09%
Dow Jones
50,285.66
+0.55% Record
Russell 2000
2,189.45
+0.42%
10Y Treasury
4.564%
-0.01 bps
VIX
17.12
-2.3%
WTI Crude
$96.24
-2.06%
Brent Crude
$102.57
-2.33%

U.S. Equities

The Dow Jones Industrial Average surged to a record close Thursday, gaining 276.31 points or 0.55% to finish at 50,285.66. The milestone came as oil prices retreated from recent highs and investors grew optimistic about potential progress in U.S.-Iran negotiations.

The S&P 500 added 0.17% to close at 7,445.72, while the Nasdaq Composite edged up 0.09% to 26,293.10. The modest gains for the broader indexes reflected cautious optimism even as geopolitical tensions in the Middle East continued to dominate headlines.

Nvidia shares fell 1.8% despite the chipmaker breezing past Wall Street expectations for earnings and guidance. The company also announced a hike in its quarterly cash dividend to 25 cents, but investors have come to expect beat-and-raise quarters amid the AI boom.

Fixed Income

Treasury yields were volatile throughout the session before ultimately pulling back. The benchmark 10-year Treasury note yield slipped less than 1 basis point to 4.564%, while the 30-year bond yield fell more than 2 basis points to 5.09%.

The earlier spike in yields came as crude prices initially jumped on reports that Iran’s supreme leader issued a directive to keep enriched uranium within the country, complicating prospects for a resolution to the U.S.-Iran conflict.

Energy Markets

Oil prices retreated sharply Thursday as diplomatic headlines capped supply-risk premiums. West Texas Intermediate crude futures fell $2.02 or 2.06% to close at $96.24 per barrel, while international benchmark Brent crude dropped $2.45 or 2.33% to settle at $102.57.

The Brent-WTI spread held at approximately $6.33. While the pullback offered some relief at the pump, analysts cautioned that tight inventories and Strait of Hormuz shipping constraints remain supportive of prices.

Currencies & Commodities

The Cboe Volatility Index, or VIX, settled around 17.12, down 2.3% on the session. The Wealth Alliance CEO Robert Conzo noted that the current VIX level signals investors are “feeling pretty comfortable” given strong earnings, low unemployment, and the proliferation of artificial intelligence.

President Donald Trump said the administration was in the “final stages” of negotiations with Iran, according to a pool report, helping lift investor spirits after three consecutive days of S&P 500 declines.

Forward Look

All eyes remain on Washington and Tehran as traders monitor developments in the Iran negotiations. “If inflation kicks up because oil prices stay at $100 or more, which could happen, there could be short-term concerns around that, and you’ll hear a lot of headline risk,” Conzo said.

Earnings season continues with investors digesting reports across sectors. The market’s ability to hold record highs will depend on whether diplomatic progress can sustain the recent optimism.

Market Watch

Market Watch — May 21, 2026

· · 2 min read
S&P 500
7,445.72
+0.17%
Nasdaq
26,293.10
+0.09%
Dow Jones
50,285.66
+0.55% Record
Russell 2000
2,189.45
+0.42%
10Y Treasury
4.564%
-0.01 bps
VIX
17.12
-2.3%
WTI Crude
$96.24
-2.06%
Brent Crude
$102.57
-2.33%

U.S. Equities

The Dow Jones Industrial Average surged to a record close Thursday, gaining 276.31 points or 0.55% to finish at 50,285.66. The milestone came as oil prices retreated from recent highs and investors grew optimistic about potential progress in U.S.-Iran negotiations.

The S&P 500 added 0.17% to close at 7,445.72, while the Nasdaq Composite edged up 0.09% to 26,293.10. The modest gains for the broader indexes reflected cautious optimism even as geopolitical tensions in the Middle East continued to dominate headlines.

Nvidia shares fell 1.8% despite the chipmaker breezing past Wall Street expectations for earnings and guidance. The company also announced a hike in its quarterly cash dividend to 25 cents, but investors have come to expect beat-and-raise quarters amid the AI boom.

Fixed Income

Treasury yields were volatile throughout the session before ultimately pulling back. The benchmark 10-year Treasury note yield slipped less than 1 basis point to 4.564%, while the 30-year bond yield fell more than 2 basis points to 5.09%.

The earlier spike in yields came as crude prices initially jumped on reports that Iran’s supreme leader issued a directive to keep enriched uranium within the country, complicating prospects for a resolution to the U.S.-Iran conflict.

Energy Markets

Oil prices retreated sharply Thursday as diplomatic headlines capped supply-risk premiums. West Texas Intermediate crude futures fell $2.02 or 2.06% to close at $96.24 per barrel, while international benchmark Brent crude dropped $2.45 or 2.33% to settle at $102.57.

The Brent-WTI spread held at approximately $6.33. While the pullback offered some relief at the pump, analysts cautioned that tight inventories and Strait of Hormuz shipping constraints remain supportive of prices.

Currencies & Commodities

The Cboe Volatility Index, or VIX, settled around 17.12, down 2.3% on the session. The Wealth Alliance CEO Robert Conzo noted that the current VIX level signals investors are “feeling pretty comfortable” given strong earnings, low unemployment, and the proliferation of artificial intelligence.

President Donald Trump said the administration was in the “final stages” of negotiations with Iran, according to a pool report, helping lift investor spirits after three consecutive days of S&P 500 declines.

Forward Look

All eyes remain on Washington and Tehran as traders monitor developments in the Iran negotiations. “If inflation kicks up because oil prices stay at $100 or more, which could happen, there could be short-term concerns around that, and you’ll hear a lot of headline risk,” Conzo said.

Earnings season continues with investors digesting reports across sectors. The market’s ability to hold record highs will depend on whether diplomatic progress can sustain the recent optimism.