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How Easing Yields and U.S.-Iran Peace Talks Drove Dow’s Record High — Market Wrap May 22
Today's AI insights from 7horns.ai highlight a broadly positive market session led by the Dow Jones Industrial Average, which gained 0.58% to close at a new record high of 50,579. The S&P 500 extended its winning streak to eight consecutive weeks with a 0.38% rise, while the Nasdaq posted a modest 0.19% gain amid a gradual intraday pullback. Key catalysts included easing Treasury yields, with the 10-year slipping to 4.56%, and optimism surrounding U.S.-Iran peace talks, which bolstered investor sentiment. Among megacaps, Tesla surged nearly 2%, and Apple gained 1.26%, while Nvidia and…
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