# The Dow Jones Industrial Average fell 237 points, the S&P 500 dropped 0.75%, and the Nasdaq Composite sank 1.11%.

*business · news · 2026-05-19 · The Economic Times*

## Key points

- The 30-year US Treasury yield closed at 5.18%, its highest point in nearly 19 years.
- Large speculators in Nasdaq 100 futures now hold their biggest net short position since 2023.
- Semiconductor stocks, which drove recent gains, have now led the downturn after seven weeks of overbought momentum.
- Oil prices staying above $100, due to Iran conflict volatility, are directly fueling US inflation expectations.
- Markets are bracing for Nvidia earnings and June–July 2026 inflation data to determine recovery or further correction.

**Companies:** Amazon, Tesla, Alphabet, Meta Platforms, Nvidia, Qualcomm, AMD, Intel, Broadcom, Cisco, Oracle, Lam Research, Applied Materials, Dell Technologies
**Countries:** United States, Iran, Saudi Arabia, United Arab Emirates, Qatar

[Read the full story on The Economic Times](https://economictimes.indiatimes.com/news/international/us/us-stock-market-crashes-today-dow-jones-sp-500-and-nasdaq-fall-hard-as-bond-yields-hit-19-year-high-nvidia-broadcom-amd-and-amazon-lead-massive-wall-street-selloff/articleshow/131205170.cms)

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