Stock Market Update
20-May-26 15:00 ET
Oil retreat keeps major averages firmly higher
Dow +597.10
at 49960.98,
Nasdaq +329.66
at 26221.37,
S&P +66.32
at 7419.93
[BRIEFING.COM] The S&P 500 (+0.9%), Nasdaq Composite (+1.3%), and DJIA (+1.2%) are little changed from previous values as the market enters the final hour of the session.
Axios reported that President Trump and Israeli Prime Minister Benjamin Netanyahu had a tense phone call yesterday, where the leaders discussed a new plan to end the war that was drafted by Qatar and Pakistan. President Trump said he will give peace talks a chance over the next few days, but military strikes remain on the table if a deal is not reached.
Crude oil futures settled today's session $5.96 lower (-5.7%) at $98.19 per barrel.
