Dow Jones clinches record high, S&P 500, Nasdaq rise as stocks rebound on US-Iran

US stocks slightly increased on Thursday, following reports that an agreement between the US and Iran had been reached through Pakistani mediation

Written by: Olumide Adesina • Friday, May 22, 2026 • 1 min read

• Last updated: Friday, May 22, 2026

Nasdaq and S&P 500 indices are climbing today.

Quick overview

US stocks saw slight increases on Thursday, buoyed by reports of a potential US-Iran agreement mediated by Pakistan.
The Nasdaq Composite rose by 0.1%, while the S&P 500 and Dow Jones Industrial Average gained 0.2% and 0.6%, respectively.
Oil prices rose after Iran's supreme leader ordered the halt of near-weapons-grade uranium exports, raising concerns about US-Iran peace negotiations.
Secretary of State Marco Rubio indicated there are 'some good signs' for a possible deal to end the war in Iran.

US stocks slightly increased on Thursday, following reports that an agreement between the US and Iran had been reached through Pakistani mediation and Secretary of State Marco Rubio’s statement that there were “some good signs” that a deal to end the war in Iran might be in sight.

Dow Jones rose higher as Nasdaq hit a fresh high.

The tech-heavy Nasdaq Composite added 0.1 percent after earnings from Nvidia and an S-1 filing for SpaceX’s impending IPO on Wednesday afternoon, while the benchmark S&P 500 increased by 0.2 percent. The Dow Jones Industrial Average (DJI) reached a record high with a gain of 0.6%.

Oil prices increased earlier in the day after Iran’s supreme leader ordered that the nation’s near-weapons-grade uranium not be exported, casting doubt on the advancement of US-Iranian peace negotiations. hopes that the war will soon come to an end.

There were “some good signs” that a deal to end the war in Iran might be in sight, following reports that an agreement between the US and Iran had been reached through Pakistani mediation and Secretary of State Marco Rubio’s statement that

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ABOUT THE AUTHOR See More

Olumide Adesina

Financial Market Writer

Olumide Adesina is a French-born Nigerian financial writer. He tracks the financial markets with over 15 years of working experience in investment trading.