Stock market news for May 22, 2026
A dealer works on the New York Stock Exchange.
NYSE
Stocks rose Friday as Treasury yields eased, leading to a successful week for Wall Street regardless of heightened volatility.
The Dow Jones Industrial Average gained 294.04 factors, or 0.58%, to finish at 50,579.70. The 30-stock index hit an intraday all-time excessive and posted one other report shut. The S&P 500 rose 0.37% to settle at 7,473.47. The Nasdaq Composite climbed 0.19%, ending at 26,343.97.
Although all three indexes closed within the inexperienced on Friday, they completed off their highs reached earlier within the session.
“It’s the everything market,” Steve Sosnick, chief strategist at Interactive Brokers, advised CNBC. “The market [is] telling you today they’re much more concerned that they’re going to miss some sort of peace in the Middle East than they are about the risks of going home long over the weekend.”
It stays unclear whether or not the US and Iran are searching for towards a deal to finish their warfare. On Friday, a Qatari group flew into Tehran in coordination with the US to assist safe an settlement to finish the battle, Reuters reported, citing a supply acquainted with the matter.
Oil settled modestly increased Friday, however was off the peaks reached earlier within the week, as merchants hoped a decision to the Iran warfare could possibly be reached quickly. International Brent crude futures added 0.9% to shut at $103.54 per barrel, whereas West Texas Intermediate crude inched up about 0.3% to settle at $96.60.
The benchmark 10-year Treasury note yield shed almost 3 foundation factors to round 4.56% as of Friday afternoon. The 30-year bond yield additionally misplaced greater than 4 foundation factors to commerce round 5.06%.
Bond market volatility had weighed on shares earlier within the week. The 30-year hit its highest stage since 2007 earlier than easing, whereas the 10-year touched its highest stage in over a yr, as merchants feared a chronic US-Iran warfare would hold oil costs elevated and placing upward stress on inflation.
Separately, Qualcomm shares ripped virtually 12% on Friday, posting a 3rd straight successful session. The inventory gained 18.2% on the week.
The S&P 500 superior 0.9% over the week, marking its eighth straight successful week and its longest weekly win streak since late 2023. The Dow rose 2.1% and posted its third optimistic week in 4. The Nasdaq added 0.5% and notched its seventh weekly advance up to now eight weeks.
