---
title: "Stock Market Indexes Rally Wednesday as Iran Talks and SpaceX IPO Lift Sentiment"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/287105643.md"
description: "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."
datetime: "2026-05-20T18:35:31.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/287105643.md)
  - [en](https://longbridge.com/en/news/287105643.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/287105643.md)
---

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

## Key Points

-   Oil fell below $100 per barrel after President Trump said Iran negotiations are in their "final stages."
    
-   Goldman Sachs surged nearly 5% after securing the lead underwriter role on SpaceX's potentially record-breaking IPO.
    
-   Nvidia rose about 2% ahead of tonight's earnings, adding roughly $100 billion in market cap.
    
-   10 stocks we like better than Dow Jones Industrial Average ›

All three major indexes are up today. The **Nasdaq Composite** (NASDAQINDEX: ^IXIC) leads the way around 1:22 p.m. ET with a 1.1% gain. The **Dow Jones Industrial Average** (DJINDICES: ^DJI) followed at a 0.96% gain, while the **S&P 500** (SNPINDEX: ^GSPC) rose by 0.76%.

_**Will AI create the world's first trillionaire?** Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. **Continue »**_

^DJI data by YCharts

The session featured two distinct vertical spikes around 10:15 a.m. ET and 11:15 a.m. ET. A mild midday dip reversed quickly, leaving all three indexes hovering near their daily highs into the afternoon.

## Why the market woke up happy

Two stories did the heavy lifting on Wednesday.

First, oil prices dropped sharply. President Trump said Iran negotiations are in their "final stages," and crude fell below $100 per barrel again. After all the Strait of Hormuz anxiety, that's a big deal. The **United States Oil Fund** (NYSEMKT: USO) fell 6.6%, which sounds bad until you remember that lower oil prices are good news for almost everyone except oil companies.

Second, IPO fever returned. **Goldman Sachs** (NYSE: GS) surged nearly 5% after reports confirmed it secured the lead underwriter role on SpaceX's upcoming IPO. The offering could raise up to $75 billion at a total valuation approaching $2 trillion, potentially making it the largest IPO in history. As the heaviest-weighted stock on the Dow, Goldman's jump made a significant difference to that index today.

Chip stocks joined the party. **Nvidia** (NASDAQ: NVDA) climbed about 2% ahead of tonight's earnings report, adding roughly $100 billion in market cap. **AMD** (NASDAQ: AMD) jumped 7.4% after failed labor negotiations at Samsung raised concerns about memory supply disruptions. Less supply plus steady demand equals higher chip prices. AMD shareholders aren't complaining.

## Don't get too comfortable

If Tuesday reminded you that markets can sell off fast on bad vibes, Wednesday highlights that they can bounce just as quickly when the headlines improve. Volatility is a double-edged blade.

The Iran news matters if it holds. Lower oil prices cool inflation fears, ease pressure on the Fed, and take some geopolitical anxiety off the table. But "final stages" isn't the same as "done deal," and these talks have collapsed several times before. Fingers crossed, but you shouldn't hold your breath waiting for a firm peace agreement.

Image source: Getty Images.

For long-term investors, the lesson is the same as yesterday, just with a green sign instead of a red one. Today's jumps essentially canceled out yesterday's dips. The noise is loud, and the signal is quieter. Stay patient, stay cool, and don't let any of these moves distract you from quality companies and undervalued stocks.

## Should you buy stock in Dow Jones Industrial Average right now?

Before you buy stock in Dow Jones Industrial Average, consider this:

The _Motley Fool Stock Advisor_ analyst team just identified what they believe are the **10 best stocks** for investors to buy now… and Dow Jones Industrial Average wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.

Consider when **Netflix** made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, **you’d have $481,750**!\* Or when **Nvidia** made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, **you’d have $1,352,457**!\*

Now, it’s worth noting _Stock Advisor’s_ total average return is 990% — a market-crushing outperformance compared to 206% for the S&P 500. **Don't miss the latest top 10 list, available with _Stock Advisor_, and join an investing community built by individual investors for individual investors.**

**See the 10 stocks »**

_\*Stock Advisor returns as of May 20, 2026._

_Anders Bylund has positions in Nvidia. The Motley Fool has positions in and recommends Advanced Micro Devices, Goldman Sachs Group, and Nvidia. The Motley Fool has a disclosure policy._

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

### Related Stocks

- [GS.US](https://longbridge.com/en/quote/GS.US.md)
- [GS-A.US](https://longbridge.com/en/quote/GS-A.US.md)
- [GS-C.US](https://longbridge.com/en/quote/GS-C.US.md)
- [.SPX.US](https://longbridge.com/en/quote/.SPX.US.md)
- [.DJI.US](https://longbridge.com/en/quote/.DJI.US.md)
- [.IXIC.US](https://longbridge.com/en/quote/.IXIC.US.md)
- [GS-D.US](https://longbridge.com/en/quote/GS-D.US.md)
- [SpaceX.NA](https://longbridge.com/en/quote/SpaceX.NA.md)
- [IVV.US](https://longbridge.com/en/quote/IVV.US.md)
- [VOO.US](https://longbridge.com/en/quote/VOO.US.md)
- [NVDU.US](https://longbridge.com/en/quote/NVDU.US.md)
- [QQQM.US](https://longbridge.com/en/quote/QQQM.US.md)
- [SPY.US](https://longbridge.com/en/quote/SPY.US.md)
- [DIA.US](https://longbridge.com/en/quote/DIA.US.md)
- [QQQ.US](https://longbridge.com/en/quote/QQQ.US.md)
- [NVDA.US](https://longbridge.com/en/quote/NVDA.US.md)
- [INTC.US](https://longbridge.com/en/quote/INTC.US.md)
- [USO.US](https://longbridge.com/en/quote/USO.US.md)
- [AMD.US](https://longbridge.com/en/quote/AMD.US.md)
- [SSNGY.US](https://longbridge.com/en/quote/SSNGY.US.md)
- [NFLX.US](https://longbridge.com/en/quote/NFLX.US.md)
- [NDAQ.US](https://longbridge.com/en/quote/NDAQ.US.md)
- [W4VR.SG](https://longbridge.com/en/quote/W4VR.SG.md)
- [NVD.DE](https://longbridge.com/en/quote/NVD.DE.md)
- [SMSN.UK](https://longbridge.com/en/quote/SMSN.UK.md)

## Related News & Research

- [What Goldman’s lead role in SpaceX’s record-breaking IPO means for investors](https://longbridge.com/en/news/287123542.md)
- [LIVE MARKETS-In Europe, 'the pessimists are back'](https://longbridge.com/en/news/286894777.md)
- [ROI-Stock markets keep powering forward. These three reasons justify it: Helen Jewell](https://longbridge.com/en/news/287171615.md)
- [Spacex aims for 10,000 annual launches within five years, FAA says](https://longbridge.com/en/news/287131072.md)
- [BREAKINGVIEWS-Morgan Stanley’s banking revival hits a Musk bump](https://longbridge.com/en/news/287107740.md)