Stock Market Indexes Rally Wednesday as Iran Talks and SpaceX IPO Lift Sentiment

nasdaq
2026.05.20 18:35
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On Wednesday, U.S. stock indexes rallied as oil prices fell below $100 per barrel amid positive news on Iran negotiations. Goldman Sachs surged nearly 5% after becoming the lead underwriter for SpaceX's IPO, potentially the largest in history. Nvidia rose about 2% ahead of its earnings report, adding $100 billion in market cap. The Nasdaq, Dow, and S&P 500 all posted gains, reflecting improved market sentiment despite ongoing volatility.