US Stocks Extend Strong Momentum

2026-05-22 13:38 By Andre Joaquim 1 min. read

US equities were higher on Friday amid strong earnings and cautious signs of progress between in the US-Iran conflict.

The Dow gained 300 points to a record high, while the S&P 500 and the Nasdaq 100 rose to set up their eighth week of gains.

Secretary of State Rubio noted that the distance between concessions that the US offers and those desired by Iran is decreasing, limiting concerns for escalation over the weekend.

Workday surged over 8.2% premarket after beating earnings estimates in the first quarter.

Nvidia rebounded from its slight pullback yesterday after delivering earnings.

The chip giant beat its headline results but the incoming revenue guidance was not ahead of the upper range of expectations.

A majority of listed companies have already reported results, with the S&P 500 heading for the strongest earnings growth since 2021.

The optimistic results were enough to offset the impact of the Iran war, tariffs, and high rates by the Fed.



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2026-05-22
US Stocks Extend Strong Momentum
US equities were higher on Friday amid strong earnings and cautious signs of progress between in the US-Iran conflict. The Dow gained 300 points to a record high, while the S&P 500 and the Nasdaq 100 rose to set up their eighth week of gains. Secretary of State Rubio noted that the distance between concessions that the US offers and those desired by Iran is decreasing, limiting concerns for escalation over the weekend. Workday surged over 8.2% premarket after beating earnings estimates in the first quarter. Nvidia rebounded from its slight pullback yesterday after delivering earnings. The chip giant beat its headline results but the incoming revenue guidance was not ahead of the upper range of expectations. A majority of listed companies have already reported results, with the S&P 500 heading for the strongest earnings growth since 2021. The optimistic results were enough to offset the impact of the Iran war, tariffs, and high rates by the Fed.
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2026-05-22