The stock market powered up for most of the week, with the S&P 500 and Nasdaq hitting new highs and the Dow Jones and Russell 2000 nearly there.
But the indexes tumbled Friday, largely erasing weekly gains, as crude oil prices and Treasury yields jumped
The Trump-Xi summit ended with positive comments but few concrete breakthroughs. Inflation data during the⦠Related news Stock Market Today: Dow Under Pressure With Surging Yields, Oil Prices; Nvidia Slides (Live Coverage) 5/15/2026 The major indexes fell as oil prices and Treasury yields jumped. AI chip plays Applied Materials, Nvidia and Cerebras retreated…. 5/15/2026 The major indexes fell as oil prices and Treasury yields