---
title: "Dow climbs on Iran talks progress and SpaceX IPO boost"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/287130831.md"
description: "The Dow rose 0.96% due to optimism from Iran talks and SpaceX IPO news. Oil prices dropped below $100 per barrel, alleviating inflation concerns. Goldman Sachs gained nearly 5% from its involvement in the SpaceX IPO, while Nvidia and AMD saw increases due to chip supply issues."
datetime: "2026-05-20T23:41:18.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/287130831.md)
  - [en](https://longbridge.com/en/news/287130831.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/287130831.md)
---

# Dow climbs on Iran talks progress and SpaceX IPO boost

Why markets rallied: Optimism over Iran talks and SpaceX IPO news spurred gains across major U.S. indexes, with the Dow up 0.96%. Oil prices drop: Crude fell below $100 per barrel as diplomacy with Iran progressed, reducing inflation fears and boosting equities. Big movers today: Goldman Sachs surged nearly 5% on SpaceX IPO role; Nvidia and AMD rose on chip supply concerns.

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