# U.S. stocks edged lower at midday Thursday as Treasury yields rebounded and crude oil climbed back above $100 a barrel.

*semiconductor · news · 2026-05-21 · Benzinga*

## Key points

- Iran’s Supreme Leader directed that near-weapons-grade uranium must not be sent abroad.
- WTI crude oil rose 1.9% to $100.08 amid revived Strait of Hormuz and Iran tensions.
- Nvidia’s strong earnings report did not sustain momentum for the broader AI rally or Nasdaq.
- The U.S. Manufacturing PMI climbed to 55.3 in May, its highest level since 2022.
- The dollar index hit a new April high at 99.4 as U.S. yields rebounded.

**Companies:** Nvidia Corp.
**Countries:** U.S., Iran

[Read the full story on Benzinga](https://www.benzinga.com/markets/market-summary/26/05/52725563/nasdaq-100-falls-oil-tops-100-yields-climb-iran-standoff-markets-thursday)

---

Canonical: https://newsio.io/n/7d7c7857-9add-4497-b2f9-6b86229860db/u-s-stocks-edged-lower-at-midday-thursday-as-treasury-yields-rebounded-and-crude
Summarized by Newsio from Benzinga. https://newsio.io/how-it-works