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Trump's Claim U.S., Iran Have Had 'Productive' Talks Sparks Rebound On Wall Street

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
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After moving sharply higher early in the session, stocks gave back some ground over the course of the trading day on Monday but continued to turn in a strong performance. The major averages all rebounded after ending last Friday's trading at their lowest levels in several months.

The major averages ended the day well off their highs of the session but still posted notable gains. The Dow surged 631.00 points or 1.4 percent to 46,208.47, the Nasdaq jumped 299.15 points or 1.4 percent to 21,946.76 and the S&P 500 shot up 74.52 points or 1.2 percent to 6,581.00.

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Global Economics Weekly Update -May 18 – May 22, 2026

May 22, 2026 14:46 ET
Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.

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