Stocks rally as oil and yields drop ahead of Fed minutes, Nvidia earnings

MSN
2026.05.21 00:13
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Major U.S. indexes rebounded as lower bond yields and oil prices improved market sentiment. Semiconductor stocks surged ahead of Nvidia's earnings, with ARM rising over 15% and AMD and Intel also gaining. Hopes for U.S.-Iran talks alleviated inflation concerns related to oil prices, further boosting market optimism.