# The Dow Jones gained over 650 points, while the S&P 500 and Nasdaq gained 1.1% and 1.5% respectively.

*business · news · 2026-05-21 · CNBC TV18*

## Key points

- Brent crude dropped over 5.5% and US crude fell below $100 after Trump’s remarks on Iran.
- Bond yields on the 10-year note eased by up to 10 basis points, boosting equity markets.
- Axios reported Trump claimed Netanyahu will do whatever he tells him regarding Iran negotiations.
- Fed minutes revealed most members expect a possible rate hike if inflation stays high post-Iran conflict.

**Companies:** Walmart, Nvidia, Deere & Co
**Countries:** United States, Iran, Israel

[Read the full story on CNBC TV18](https://www.cnbctv18.com/market/dow-jones-snp-500-nasdaq-rally-wall-street-iran-war-hopes-trump-oil-yields-futures-fall-19910392.htm)

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