Stock Market Update
21-May-26 13:30 ET
Dow jumps as reports suggest U.S.-Iran agreement draft could be announced within hours; IBM rallies
Dow +117.99
at 50127.34,
Nasdaq +25.68
at 26317.04,
S&P +6.55
at 7439.52
[BRIEFING.COM] The major averages popped higher in recent trading as headlines crossed from the Middle East that a final draft of a U.S/Iran agreement could be announced within a few hours. Currently, the Dow Jones Industrial Average (+0.24%) is in first place.
A look inside the DJIA shows that Walmart (WMT 121.79, -9.06, -6.92%), Salesforce (CRM 175.59, -4.51, -2.50%), and Boeing (BA 218.56, -3.64, -1.64%) are underperforming.
Meanwhile, IBM (IBM 245.58, +20.58, +9.15%) is firmly atop the average.
The DJIA now stands +1.21% higher on the week.
