Dow climbs on Iran talks progress and SpaceX IPO boost

MSN
2026.05.20 23:41
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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.