Stock Market Update

18-May-26 15:30 ET
Market off session lows after President Trump holds off on planned Iran strikes
Dow +19.96 at 49546.13, Nasdaq -254.40 at 25970.74, S&P -34.48 at 7374.02

[BRIEFING.COM] The S&P 500 (-0.4%), Nasdaq Composite (-1.0%), and DJIA (flat) are off their session lows following a Truth Social post by President Trump that said the U.S. will hold off "our planned military attack of the Islamic Republic of Iran, which was scheduled for tomorrow, in that serious negotiations are now taking place."

Crude oil futures settled today's session $3.26 higher (+3.1%) at $108.75 per barrel, but crude prices have moved lower following their settlement in reaction to the news.

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