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US stocks dip as oil prices surge above $100 amid Iran tensions and rising Treasury yields.

Market News
21 May 2026
FXEmpire
View Source
Bearish
pluang ai news

US stock indices fell with the S&P 500 down 0.2% and Nasdaq down 0.3% as oil prices jumped about 3% to over $100 per barrel following Iran's decision to keep enriched uranium domestically, dampening hopes for a nuclear deal. Rising oil prices reignited inflation concerns, pushing 10-year Treasury yields higher and increasing borrowing costs, which pressured stocks. Despite Nvidia's strong 85% revenue growth, its stock remained flat, reflecting high market expectations for AI-related companies. Market focus remains on oil prices, Treasury yields, and tech earnings to determine near-term stock market direction.

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