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Daily Market Coverage – May 21, 2026 9AM-11AM (ET)
US stocks fell on Thursday after Iran’s supreme leader issued a directive that the country’s near-weapons-grade uranium should not be sent abroad, raising doubts about the progress of peace talks between the US and Iran.
The Dow Jones Industrial Average (^DJI) and benchmark S&P 500 (^GSPC) both fell by 0.4% after a winning day on Wall Street, while the tech-heavy Nasdaq Composite (^IXIC) gave up 0.5% following earnings from Nvidia and an S-1 filing for the upcoming IPO of SpaceX on Wednesday afternoon.
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